Termination of Master Lease definition

Termination of Master Lease means a termination of the Master Lease memorializing the termination of the Master Lease and Seller’s release of Master Tenant in accordance with Section 9.23, in such form that is reasonably acceptable to Seller and Master Tenant.
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Examples of Termination of Master Lease in a sentence

  • Termination of Master Lease --------------------------- In the event the Master Lease is terminated pursuant to its terms prior to the expiration of the term of this Sublease, this Sublease shall automatically cease and terminate as of the date upon which the Master Lease is terminated.

  • Assumption, Termination of Master Lease 7.1 This Sublease is expressly subject and subordinate to the terms and conditions of "The Master Lease" attached hereto as Exhibit A.

  • These scales have calibration issues and cost $10,400 per truck, excluding installation fees. Chassis mounted scales are designed to give the operator the total weight of the truck.

  • The parties agree that the execution of this Termination of Master Lease shall in no way increase the liability of either Landlord or Tenant, nor shall either party assume additional liability with respect to claims or protests filed or made against either party by "A Fisherman's Best" or "Charleston Maritime Seafood Partners" by virtue of the execution of this agreement.

  • The title company shall hold the Partial Terminations of Master Leases in escrow pending the Actual Final Closing Date for each Site, at which time the applicable Partial Termination of Master Lease for such Site shall be recorded in the Real Property Records of the County in which the Site is located.

  • The proposed Termination of Master Lease agreement follows: STATE OF SOUTH CAROLINA) )TERMINATION OF MASTERLEASECOUNTY OF CHARLESTON ) THIS Termination of Master Lease of the Charleston Maritime Center dated as of August 4, 1997, by and between the City of Charleston, a South Carolina municipal corporation (Landlord); and Charleston County Park and Recreation District (Tenant), a South Carolina body politic and corporate and a political subdivision of the State of South Carolina.

  • Termination of Master Lease (2013 Renewal) Agreement: Upon execution of the Master Lease (2015) Agreement, the Master Lease (2013 Renewal) Agreement would be terminated and the Existing Leases would continue to be valid, given no conflict or contrary with Master Lease (2015) Agreement until the respective expiry date as stated in the Existing Leases; otherwise need to be re-negotiated by Lessors and Lessees under Master Lease (2015) Agreement.

  • Upon any such termination, the parties or their applicable successors shall promptly execute, acknowledge and deliver to one another, in recordable form, a Memorandum of Termination of Master Lease Agreement in form and content mutually satisfactory to the parties, and Landlord shall thereafter cause an original of such Memorandum to be recorded in the official records of San Mateo County and shall deliver a copy of the recorded Memorandum to Tenant.

Related to Termination of Master Lease

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Event of Eminent Domain means, with respect to any property, (a) any compulsory transfer or taking by condemnation, seizure, eminent domain or exercise of a similar power, or transfer under threat of such compulsory transfer or taking or confiscation of such property or the requisition of the use of such property, by any agency, department, authority, commission, board, instrumentality or political subdivision of any state, the United States or another Governmental Authority having jurisdiction or (b) any settlement in lieu of any of the actions described in clause (a) above.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Termination With Cause means the termination of the Executive’s employment by act of the Board for any of the following reasons:

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Term of Agreement shall have the meaning ascribed thereto in Article 2 of this Agreement;

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Termination Events means each of the events specified in Clause 10.3 of this Contract.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Event of Servicing Termination means an event specified in Section 8.1 of the Sale and Servicing Agreement.

  • Event of Termination has the meaning specified in Section 7.01.

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Event of Force Majeure means one of the following events:

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Termination for Convenience means the termination of the Trade Contract Agreement or the Trade Contractor Work by the Authority without cause and for the convenience of the Authority as decided in its sole discretion.

  • the Agreement means the agreement of which a copy is set out in the First Schedule, and, if that agreement is added to or varied or any of its provisions are cancelled, in accordance with the provisions thereof, includes the agreement as so altered from time to time;

  • Partial Termination has the meaning set forth in the Section 6.3(a).