Provident Lessors definition

Provident Lessors shall have the meaning given such term in the recitals hereto.
Sample 1Sample 2Sample 3
Provident Lessors shall be modified to include Westbury Lessor, in addition to those entities already included in the definition of such term. Accordingly, Westbury Lessor shall be a “Provident Lessor” under the Agreement. A revised list of those entities that are “Provident Lessors” is attached hereto as Exhibit A.
Sample 1

Examples of Provident Lessors in a sentence

  • Subject to BLC Holdings' rights against Provident under Paragraph 5(c) and Paragraph 35(c), if BLC Holdings is awarded a money judgment against PSLT-BLC Holdings, then BLC Holdings' sole recourse for satisfaction of such judgment shall be limited to execution against PSLT-BLC Holdings' ownership interest in the Provident Lessors.

  • BLC Holdings shall pay and contribute to the applicable Brookdale Lessee(s) and cause such Brookdale Lessee(s) to pay to the applicable Provident Lessor(s), in lawful money of the United States of America which shall be legal tender for the payment of public and private debts, without offset, abatement, demand or deduction, the portion(s) of the Brookdale Rent Payments that are allocable to the applicable Property Lease(s) required hereunder during the Term, except as hereinafter expressly provided.

  • In the event of such exercise, (1) PSLT-BLC Holdings and BLC Holdings shall enter into such confirmatory documents as may be necessary to effect such renewal of this Agreement, and (2) PSLT-BLC Holdings and BLC Holdings shall cause and direct the Provident Lessors and the Brookdale Lessees, respectively, to enter into such confirmatory documents as may be necessary to effect such renewals.

  • If ALS Holdings is awarded a money judgment against PSLT-ALS Holdings, then ALS Holdings' sole recourse for satisfaction of such judgment shall be limited to execution against PSLT-ALS Holdings' ownership interest in the Provident Lessors.

  • PSLT-BLC Holdings may then proceed to recover and collect on behalf of the Provident Lessors all such unpaid Brookdale Rent Payments and other sums so sued for from BLC Holdings by distress, levy, execution or otherwise.

  • Each of the Provident Lessors has joined into this Agreement for the limited purpose of acknowledging the provisions of Paragraph 3(b) hereof with respect to the right of BLC Holdings to exercise the Renewal Terms and agreeing that any exercise of the applicable Renewal Term(s) by BLC Holdings in accordance with the terms of Paragraph 3(b) hereof shall constitute an exercise by the Brookdale Lessees of such Renewal Term(s) in accordance with the terms of Paragraph 4(b) of the Property Leases.

  • BLC Holdings and the Brookdale Lessees agree to reasonably cooperate with PSLT-BLC Holdings and the Provident Lessors to assist PSLT-BLC Holdings and the Provident Lessors in obtaining new Facility Mortgages or a refinancing of the Existing Facility Mortgages or otherwise obtain additional mortgage debt secured by the Facilities (any of the foregoing referred to herein as a "Facility Mortgage Refinancing"), with respect to the Provident Lessors' fee or leasehold interests, as applicable, in the Facilities.

  • Each of the Provident Lessors has joined into this Agreement for the limited purpose of acknowledging the provisions of Paragraph 3(b) hereof with respect to the right of ALS Holdings to exercise of the Renewal Terms and agreeing that any exercise of the applicable Renewal Term(s) by ALS Holdings in accordance with the terms of Paragraph 3(b) hereof shall constitute an exercise by the Alterra Lessees of such Renewal Term(s) in accordance with the terms of Paragraph 4(b) of the Property Leases.

  • ALS Holdings is the owner of the beneficial interest in those certain entities listed on Exhibit A attached hereto and made a part hereof (each, a "Provident Lessor" and collectively referred to herein as the "Provident Lessors").

  • BLC Holdings is the owner of the beneficial interest in those certain entities listed on Exhibit A attached hereto and made a part hereof (each, a "Provident Lessor" and collectively referred to herein as the "Provident Lessors").

Related to Provident Lessors

  • Asset Management is a principle/practice that includes planning processes, approaches, plans, or related documents that support an integrated lifecycle approach to the effective stewardship of infrastructure assets to maximize benefits and effectively manage risk.

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Property Management Agreement means that certain management agreement between the Company and the Property Manager with respect to the management of the Property.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Leasing company means that term as defined in 49 USC 14504a.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Environmental Management Framework or “EMF” means the policy framework for environmental management, approved by the Project Implementing Entity’s Board of Directors on July 21, 2009, which sets forth the environmental policies and procedures that shall apply to the carrying out of the Project.

  • Anchor means a device, structure, or assembly which stabilizes a Pole and holds it in place. An Anchor assembly may consist of a rod and fixed object or plate, typically embedded in the ground, which is attached to a xxx xxxxxx or guy wire, which, in turn, is attached to the Pole. The term Anchor does not include the xxx xxxxxx which connects the Anchor to the Pole and includes only those Anchors which are owned by AT&T-22STATE, as distinguished from Anchors which are owned and controlled by other persons or entities.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • 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.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • LLC means Limited Liability Company.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Advent means Advent International Corporation.

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).

  • Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;

  • Merchant lessee means a lessee that is a merchant with respect to goods of the kind subject to the lease.