Prime Leases definition

Prime Leases shall have the meaning set forth in the recitations.

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Prime Leases. Collectively: (i) that certain Lease dated May 7, -------------- 1968, by and between Hylan Enterprises, Inc., as successor to Hylan Flying Services, Inc., as lessor, and Ground Lessor, as successor to Miracle Mile Associates, as lessee, a Memorandum of which was recorded in the Monroe County Clerk's Office in Liber 4130 of Deeds at Page 225, and modified in Liber 4733 of Deeds, at Page 181, and in Liber 5951 of Deeds, at Page 30; and (ii) that certain Lease dated October 2, 1974 by and between ▇▇▇▇▇▇ ▇▇▇ Rueckwald and Chase Manhattan Bank, formerly known as Chase Lincoln First Bank, N.A., Co-Trustees for the benefit of the University of Rochester, The Allendale Columbia School, Inc. and the Rochester Institute of Technology under Paragraph Eighth of the Will of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, as successors to ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇ ▇▇▇▇▇, as lessor, and Ground Lessor, as successor to Miracle Mile Associates, as tenant, a Memorandum of which is recorded in the Monroe County Clerk's Office in Liber 4733 of Deeds at Page 174. "Prime Lessors"- Collectively, Hylan Enterprises, Inc., and ▇▇▇▇▇▇ ▇▇▇ --------------- Rueckwald and Chase Manhattan Bank, formerly known as Chase Lincoln First Bank, N.A., Co-Trustees for the benefit of the University of Rochester, The Allendale Columbia School, Inc. and the Rochester Institute of Technology under Paragraph Eighth of the Will of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, and their successors and assigns with respect to the Prime Leases.

Prime Leases have the meanings given to them in the Recitals.

Examples of Prime Leases in a sentence

• TeleCorp makes no representation or warranty to NewCo or SBA as to whether the Prime Leases and Collocation Agreements are assignable to NewCo without the consent of the Prime Lessor's or whether the acquisition of NewCo by SBA is prohibited by or constitutes an event of default under the Prime Leases.

• No claim for recovery of indemnifiable damages may be asserted by TeleCorp after the date that is one (1) year after the Closing Date except that said limitation period shall not apply to obligations of TeleCorp assumed by SBA or NewCo pursuant to this Agreement including but not limited to the Prime Leases, Collocation Agreements, the MSA and Other Contracts a breach of which shall be governed by the applicable statute of limitations.

• Sublessee represents and acknowledges ---------------------------- that it is familiar with the terms of the Prime Leases.

• The text of the Prime Leases and Applicable Equipment Schedules are hereby incorporated by reference, with the same force and effect as if such text were fully set forth herein, subject to Section 2(b).

• Other than set forth on Schedule 3.10 to the Prime Disclosure Letter, no tenant under any of the Prime Leases is entitled to any purchase option.

• Certain Prime Leases may require (i) a consent or other approval from the Owner (an “SLA Consent”), (ii) LICENSEE to obtain a direct license or lease from the Owner (a “Direct License”) to enable LICENSEE’s use of the Premises in accordance with this MLA, or (iii) or both.

• No brokerage or leasing commission or other compensation will be due or payable to any person, firm, corporation or other entity with respect to or on account of any of the Prime Leases or any extensions or renewals thereof as of the Horizon/Prime Effective Time except in the ordinary course of business consistent with past practices.

• Lessor and Lessee agree that it is the intention of Lessor and Lessee to pass all of Lessor’s obligations (without premium or ▇▇▇▇-up) for Property Rent incurred under the Prime Lease during the Term with respect to each Property to Lessee, and Lessee agrees to pay or otherwise reimburse Lessor for all of Lessor’s obligations for Property Rent incurred with respect to each Prime Leases and each Property.

• Notwithstanding Section 2(a) to the contrary, the terms and conditions of the Prime Leases and Applicable Equipment Schedules as incorporated into this Sublease are subject to the modifications thereto set forth herein.

• It is the intent of Sublessor and Sublessee that all future use of the Equipment by Sublessee or its Affiliates be pursuant to either an assignment of the relevant Prime Lease(s) (as described in Section 1) or this Sublease.

More Definitions of Prime Leases

Prime Leases means any agreement by which Kodak or a Subsidiary leases, as tenant, the Leased Real Property listed on Schedule 1.1(b).

Prime Leases means the lease agreements under which NECY leases the Facility 1 Premises from Yamagata Denshi and the Facility 2 Premises from Niino.

Prime Leases collectively means the Lease (▇▇▇▇▇▇▇▇ Museum of Art Renovation Project) and the Lease (Memorial Stadium - Excellence Academy Project) dated as of February 15, 2017, between the Corporation and IUBC for the 2017A Projects.

Prime Leases means those certain prime leases listed on Schedule 1.1 attached hereto.