Project Lessor definition

Project Lessor means, if applicable, any Person to whom Provider transferred the ownership interest in the Project, subject to a leaseback of the Project from such Person.
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Project Lessor means, if applicable, any Person to whom Provider transferred the ownership interest in the Project, subject to a leaseback of the Project from such Person. Project Lessor: The financial entity to which Tioga transfers permanent ownership of the solar electric system through a sale-leaseback financing transaction. Tioga regularly uses a sale-leaseback financing structure to fund solar electric systems. In a sale/leaseback transaction, Tioga will sell the Project to the financing entity and the financing entity will lease the Project back to Tioga for Tioga to operate and Tioga will pay a regular lease payment to the Lessor.
Sample 1

Examples of Project Lessor in a sentence

  • Notwithstanding Article 21 above, upon Substantial Completion of the Project as defined in the CSA and the recording of a Notice of Completion for the Project, Lessor or its assignee and the District shall release Lessor’s leasehold interest in Project and the Site.

  • Until the date of beneficial occupancy by the District of the entire Project, Lessor shall, in its own name, contract for and pay the expenses of all utility services required for the Project.

  • However, if no Host Event of Default has occurred and is continuing and the transferee is acceptable to Provider and Financing Party in their sole discretion and executes agreements assuming this Agreement in form and substance satisfactory to Provider and Financing Party "Financing Party" means a Project Lessor or Lender.

  • Provider (and/or Financing Party "Financing Party" means a Project Lessor or Lender.) shall be the owner of any Tax Attributes that may arise as a result of the operation of the Project and shall be entitled to transfer such Tax Attributes to any person.

  • Host agrees and acknowledges that Financing Party "Financing Party" means a Project Lessor or Lender.

  • Upon any rejection or other termination of this Agreement pursuant to any process undertaken with respect to Provider under the United States Bankruptcy Code, at the request of Financing Party "Financing Party" means a Project Lessor or Lender.

  • It is necessary to have this information so that filings can be made to show the interest of Tioga and the Financing Party "Financing Party" means a Project Lessor or Lender.

  • If any of Lessee’s Property and/or Above Standard Improvements is taxed or assessed with the Project, Lessor may pay the taxing authority all amounts billed to Lessor as a result thereof and Lessor may, but shall have no obligation to, determine the validity of any such assessment or otherwise object thereto.

  • To ensure expeditious construction and completion of the PSCC Project, Lessor and Lessee shall each proceed with all necessary due diligence and in good faith to complete such matters as require action or approval on the part of Lessor and Lessee.

  • If Lessor determines in good faith that a portion of the Property is reasonably necessary in order to facilitate the Rail Project, Lessor may, by written notice delivered as far in advance as reasonably possible, require that the leased premises will be reduced or (only to the extent the Rail Project would require a portion of the Property significant enough to warrant it) that the Lease must be terminated in order to accommodate the Rail Project.

Related to Project Lessor

  • 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.

  • 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.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • 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.

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

  • Construction Manager means a competent person responsible for the management of the physical construction processes and the coordination, administration and management of resources on a construction site;