University Sublease definition

University Sublease shall have the meaning set forth in Section 6.5.
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University Sublease means the Sublease Agreement, of even date herewith, between the Lessee, as sublessor, and the Lessor, as sublessee, pursuant to which the Lessee has agreed to sublease to the Lessor, and the Lessor has agreed to sublease from the Lessee, the Series 2022 Project.
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University Sublease means that certain sublease of the Residential Premises executed by and between Lessor and Lessee simultaneous to this Lease, and as may be hereafter amended by written agreement between such parties.
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Examples of University Sublease in a sentence

  • The University shall occupy the University Sublease space pursuant to a written sublease with Tenant (the “University Sublease” and together with the Permitted Residential Leases, the “Permitted Leases”).

  • General Insider trading Laws apply to the securities of the Adviser the same as they apply to the securities of any issuer.

  • However, if the University Sublease is terminated without cause by the University or terminated for cause by Lessee, Lessee shall pay to Lessor an amount equal to twenty-five percent (25%) of the Net Cash of University Park per Lease Year.

  • Nothing herein contained, however, shall be deemed or construed to impose upon the Lessor any obligation or liability whatsoever for care, supervision, repair, improvement, additions, change or alteration to the Premises other than as expressly provided in this Ground Lease and the University Sublease.

  • The University Sublease shall comply in all respects with all requirements set forth in the Act and shall not be terminated, amended or modified without the Approval of the Authority Board.

  • In the event both the University Sublease and a Management Agreement with University are not in effect, Lessee shall provide Lessor with a written request for Lessor to implement said obligation.

  • Such amount shall be applied to offset the loss of Base Rent (defined in the University Sublease) payable to the Lessee (as sublessor under the University Sublease) and to pay Debt Service Payments (as defined in the Indenture) for each day after the Guaranteed Date until Substantial Completion.

  • ASSIGNMENT AND SUBLETTING 18 12.1 Assignment 18 12.2 Subletting 18 12.3 Tenant’s Liability 18 12.4 Florida International University Sublease 19 12.5 Assignment of Sublease Base Rent 19 12.6 Cross-Default With Sublease 19 ARTICLE XIII.

  • The Lessee, as sublessor, and the Lessor, as sublessee, shall execute and deliver the University Sublease immediately following the execution and delivery of this Ground Lease, for the use and purposes set forth in the University Sublease.

  • Lessor, in recognition of its financial and long-term commitment to Lessee under this Agreement, and as subtenant under the University Sublease and Manager under the Management Agreement, shall act in good-faith in the development of its current and future student housing plans, policies, procedures, practices, and actions, and in the planning for the expansion of On-Campus Housing.

Related to University Sublease

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Permitted Sublessee means the sublessee under a Permitted Sublease.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • University premises means buildings or grounds owned, leased, operated, controlled, or supervised by Wayne State University or Wayne Housing Authority.

  • Sublessor means one who conveys real property by sublease."

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 32 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • 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:

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

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

  • School premises means either of the following:

  • Tenant Affiliate means and refer to any partnership, limited liability company, or corporation or other entity, which, directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, Tenant.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • domestic premises means any premises used wholly or partly as a dwelling or intended for such use;

  • 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.

  • Heritage Building means a Building designated under Part IV of the Ontario Heritage Act, R.S.O. 1990, c. O.18, or any successor legislation, or a Building designated under Part V of the Ontario Heritage Act,R.S.O. 1990, c. O.18, or any successor legislation, which has been identified as a significant heritage resource in a conservation district plan and any Building listed in the Markham Register of Property of Cultural Heritage Value of Interest;

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Licensed premises or “premises” means all rooms, enclosures, contiguous areas, or places susceptible of precise description satisfactory to the administrator where alcoholic beverages, wine, or beer is sold or consumed under authority of a liquor control license, wine permit, or beer permit. A single licensed premises may consist of multiple rooms, enclosures, areas, or places if they are wholly within the confines of a single building or contiguous grounds.

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

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