Underlying Leases definition

Underlying Leases has the meaning set forth in Schedule 3.3(a).
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Underlying Leases means all leases which are subject to this Agreement and attached in Exhibit B.
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Underlying Leases shall have the meaning as set forth in Section 3.11.
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Examples of Underlying Leases in a sentence

  • The consummation of the transaction contemplated in this Agreement including the grant of consents herein required and the performance of requirements for assignment set forth in the Underlying Leases and the Operating Sublease including the execution and delivery of an assignment and assumption will not result in a default under the Operating Sublease.

  • To confirm this subordination, however, Lessee shall, within five (5) days after Lessor’s request, execute any further instruments or assurances in recordable form that Lessor reasonably considers necessary to evidence or confirm the subordination or superiority of this Lease to any such Encumbrances or Underlying Leases.

  • The rental figure pursuant to the Underlying Leases for the Warehouse does not include the service fee collected by the existing master lessee of the Warehouse.

  • The service fee component cannot be disclosed in this Circular due to its confidential nature.The following table sets out further details of the Master Lease Agreements and the Underlying Leases.

  • With respect to each Real Property Lease that is a sublease, Schedule 2.12 describes each of the Underlying Leases, if any.

  • Notwithstanding the foregoing, Association covenants to cause the Underlying Leases to be extended and maintained in full force and effect throughout the Term.

  • So long as Tenant pays all of the Rent and observes and performs all of Tenant’s other obligations hereunder, Tenant shall peaceably and quietly have, hold and enjoy the Premises without hindrance, ejection or molestation by Landlord or any person lawfully claiming through or under Landlord, subject, nevertheless, to the provisions of this Lease and to all Mortgages and Underlying Leases.

  • Landlord represents that, as of the date of this Lease, there are no Underlying Leases affecting the Building or the Land.

  • This Lease, and all rights of Tenant hereunder, are and shall be subject and subordinate to all Underlying Leases and Mortgages existing as of the date hereof and, subject to Tenant’s receipt of a written Nondisturbance Agreement (as hereinafter defined) from the holder thereof, to all Underlying Leases and Mortgages coming into existence after the date hereof.

  • Contained in the Data Room are true, correct and complete copies of all of the Real Property Leases and Underlying Leases.


More Definitions of Underlying Leases

Underlying Leases has the meaning set forth in Section 4.17.
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Underlying Leases. Section 2.12.1 “Units” Recitals “WARN” Section 2.24.2
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Underlying Leases means, collectively, the SFP Lease, the SFPG Lease and the NLRC Lease.
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Related to Underlying Leases

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • 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.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Leases means all present and future leases, subleases, licenses, concessions or grants or other possessory interests now or hereafter in force, whether oral or written, covering or affecting the Mortgaged Property, or any portion of the Mortgaged Property (including proprietary leases or occupancy agreements if Borrower is a cooperative housing corporation), and all modifications, extensions or renewals.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Material Leases has the meaning set forth in Section 4.21.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Material Leasehold Property means a Leasehold Property reasonably determined by Administrative Agent to be of material value as Collateral or of material importance to the operations of Company or any of its Subsidiaries.

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • 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:

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Financing Lease any lease of property, real or personal, the obligations of the lessee in respect of which are required in accordance with GAAP to be capitalized on a balance sheet of the lessee.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Real Property Leases has the meaning set forth in Section 4.7(b).

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Company Leases shall have the meaning set forth in Section 3.12(a).