Prior Lessee definition

Prior Lessee means Bango Refining NV, LLC, a Delaware limited liability company.
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Prior Lessee means Pro Air, Inc.
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Prior Lessee means Air New Zealand Aircraft Holdings Limited.
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Examples of Prior Lessee in a sentence

  • LESSOR and LESSEE expressly acknowledge that Delivery of the Aircraft to LESSEE is subject to and conditioned upon redelivery of the Aircraft by Prior Lessee to LESSOR in accordance with the terms of the Prior Lessee Lease Agreement.

  • LESSOR will not be liable for any loss or expense, or any loss of profit, arising from any delay or failure in Delivery to LESSEE unless such delay or failure arises as a direct consequence of the willful misconduct of LESSOR, and in no event will LESSOR be liable for any delay or failure which is caused by any breach or delay on the part of Prior Lessee.

  • Subject to LESSEE having performed all of the conditions precedent to Delivery set forth in this Lease (or, if applicable, LESSOR's waiver of one or more of such conditions precedent such that, after giving effect to such waiver, all conditions precedent have been satisfied or deemed satisfied), immediately following redelivery of the Aircraft from Prior Lessee to LESSOR, LESSOR will deliver the Aircraft to LESSEE at the Delivery Location.

  • On or about May 19, 2006, Prior Lessee became affiliated with and is now a wholly owned subsidiary of Lessee and may hereafter be merged into Lessee.

  • As of the Commencement Date, Prior Lessee holds security deposits from the tenants who previously or currently occupy the Residential Units.

  • Neither LESSOR nor any other Relevant Party will be liable for any loss or expense arising from any delay or failure in Delivery to LESSEE except that LESSOR will be liable for any loss or expense to the extent that such delay or failure arises solely and directly as a consequence of the Gross Negligence of LESSOR or any Servicer, and in no event will LESSOR be liable for any delay or failure which is caused by any breach or delay on the part of Prior Lessee or any other Person (other than any Servicer).

  • Prior Lessee will transfer these security deposits to Lessee to be held in a trust account for such purposes by Xxxxxx.

  • All no-charge vendor and Manufacturer’s service bulletin kits ordered by Prior Lessee but not yet received will, upon receipt by LESSOR and at LESSOR’s cost, be forwarded to LESSEE.

  • At LESSEE’s request, any other service bulletin kit which Prior Lessee paid for will also be delivered to LESSEE on board the Aircraft, but LESSEE will reimburse Prior Lessee for its actual out-of-pocket costs for such kit, unless Prior Lessee purchased such kit as part of its implementation of a service bulletin on its fleet of aircraft of the same type as the Aircraft but had not yet installed such kit on the Aircraft, in which case such kit will be furnished free of charge to LESSEE.

  • Pursuant to that certain Assignment and Assumption of Lease and Landlord Consent (the “Assignment”) dated as of December 1, 2006 by and between Prior Lessee, Lessee and Lessor, Prior Lessee has assigned all of its right, title and interest in, to and with respect to the Lease to Lessee, Lessee, has assumed all of Prior Lessee’s rights and obligations under the Lease, and Lessor consented to the above described assignment and assumption.


More Definitions of Prior Lessee

Prior Lessee means VIVA, Vuelos Internacionales de Vacaciones, S.
Sample 1
Prior Lessee means LTU Lufttransport-Unternehmen GmbH.
Sample 1
Prior Lessee means Wilton Aircraft Corporation.
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Related to Prior Lessee

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Superior Landlord means and includes people or persons to whom the ownership or interest in the Leasehold Property might revert in the fullness of time.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Mortgagor The obligor on a Mortgage Note.

  • THE LESSEE or any other Person includes without prejudice to the provisions of this Agreement any successor in title to it and any permitted assignee;

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Mortgagee means the mortgagee, grantee or beneficiary under any Mortgage, any holder of legal title to any portion of any Mortgage Loan or, if applicable, any agent or servicer on behalf of such party.

  • Trustor means a borrower under a deed of trust, who deeds property to a trustee as security for the payment of a debt.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • Sublessor means one who conveys real property by sublease."

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Prior Lender means a syndicate of lenders with a U.S. bank as a lender and as administrative agent for all of the lenders.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Leasehold Mortgagee means the holder of a Leasehold Mortgage.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition. Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.