Recapture Notice definition

Recapture Notice has the meaning set forth in Section 9.03(a).

Recapture Notice shall have the meaning specified in Section 11.2.

Recapture Notice. As defined in Section 1.7(d).

Examples of Recapture Notice in a sentence

• If Lessor declines or fails timely to deliver a Recapture Notice, Lessor shall have no further right under this Section 11.06 to the Recapture Space unless it becomes available again after transfer by Lessee.

• A timely Recapture Notice terminates this Lease for the Recapture Space, effective as of the date specified in the Transfer Notice.

• If the Airline’s Gate Utilization does not meet or exceed the Utilization Threshold within one hundred twenty (120) days after the Initial Recapture Notice, the CEO will send the Airline a written notice (the “Final Recapture Notice”) terminating the Airline’s lease of the portion of its Airline Premises subject to reassignment as of the date specified in the Final Recapture Notice.

• Prior to such reassignment becoming effective, the Airline shall have a one hundred twenty (120) calendar day period after the date of the Initial Recapture Notice to adjust its schedule to equal or exceed the Utilization Threshold so as not to be subject to such reassignment.

• Landlord’s giving of a Recapture Notice shall not constitute Landlord’s consent to Tenant’s proposed Transfer.

More Definitions of Recapture Notice

Recapture Notice means a form of notice to Mortgagors supplied to the Mortgage Lender by the Commission and distributed to the Mortgagor by the Mortgage Lender describing the recapture provisions of the Code.

Recapture Notice has the meaning set forth in Section 17.1(a).

Recapture Notice. Recapture Notice shall have the meaning set forth in Section 7.2(b).

Recapture Notice defined in Section 16.5(a). Recapture Space: defined in Section 16.5(a). Restoration: the restoration, replacement or rebuilding of the Building (excluding any alterations, additions and improvements installed by Tenant and any trade fixtures and personal property owned by Tenant) or any portion thereof as nearly as practicable to its value, condition and character immediately prior to any damage, destruction or Taking. Security: defined in the Basic Lease Provisions.

Recapture Notice means any notice of recapture provided in accordance with Section 14.03(a).

Recapture Notice shall have the meaning given such term in Section 14.2(iii) of this Lease.

Recapture Notice has the meaning set forth in [***].