Walgreens Lease definition

Walgreens Lease means that certain Commercial Lease dated as of February 2004 between LCR and Cap II—Buccaneer, LLC, a New Mexico limited liability company, as assigned in accordance with the terms of this Agreement by LCR to the Phase II Mall Subsidiary.
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Walgreens Lease means that certain Lease dated as of July 21, 2006 between Borrower (as successor-in-interest to Xxxxxx Development Company, LLC) and Walgreens, covering the Property, as amended by that certain First Amendment of Lease, dated as of July 10, 2017, as hereafter amended from time to time in accordance with the terms hereof.
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Walgreens Lease means that certain commercial lease dated as of February 2004 between LCR, as tenant, and Walgreens Landlord, as landlord, assigned in accordance with the terms of the Construction Loan Agreement by LCR to Phase II Mall Subsidiary, a memorandum of which was recorded on October , 2004 in Book # as Instrument # in the Office of the County Recorder, Xxxxx County, Nevada. The following terms shall have the meaning assigned to such terms in the Construction Loan Agreement: Affiliate Asset Sale Bankruptcy Code Business Day Closing Date Collateral Collateral Documents Cooperation Agreement Disbursement Agreement Gaming License Governmental Instrumentality HVAC Component Legal Requirements Lenders Lien LVSI Loan Documents Net Loss Proceeds Nevada Gaming Authorities Nevada Gaming Laws Notes Obligations Operative Documents Permitted Liens Person Plans and Specifications Requisite Lenders Resort Complex Resort Complex Operative Documents Subsidiary Title Policy Venetian The following terms shall have the meaning assigned to such terms in the Phase II Mall Sale Agreement: Adjustment Payment Closing Payment Developer Liquidated Damages Amount Earn-Out Payment Recalculated Earn-Out In addition, any capitalized terms used in this Deed of Trust which are not otherwise defined herein shall have the meaning ascribed to such terms in the Construction Loan Agreement.
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Examples of Walgreens Lease in a sentence

  • In the event Walgreens shall not be in compliance with the terms of the Walgreens Lease obligating Walgreens to undertake the following obligations, Borrower shall maintain the Property in a good and safe condition and repair.

  • In the event Walgreens shall not be in compliance with the terms of the Walgreens Lease to provide insurance, Borrower shall obtain and deliver to Lender all insurance policies Lender has required pursuant to Section 9.03 of this Loan Agreement, with all Insurance Premiums prepaid thereunder, reflecting the insurance coverage, amounts and other requirements set forth in this Loan Agreement.

  • Notwithstanding anything to the contrary contained in this Section 9.04, Borrower and Lender acknowledge that in the event of an inconsistency between the terms herein and the terms of the Walgreens Lease regarding the subject matters of this Section 9.04, the Walgreens Lease, to the extent in effect, shall govern and control.

  • If at any time during the term of the Loan Walgreens shall breach any obligation to maintain the insurance or any coverage required under the Walgreens Lease, then Borrower shall immediately obtain the insurance coverage required under this Section 9.03 and provide Lender with the evidence of same required under Section 9.03(d) hereof.

  • Notwithstanding anything to the contrary contained in this Section 9.03, Borrower and Lender acknowledge that Walgreens shall maintain insurance for the Property in accordance with the terms set forth in the Walgreens Lease.

  • The tenant under the Walgreens Lease has a right of first refusal should the borrower receive (and intend to accept) a bona fide offer from a third party to purchase the Mortgaged Property, but has no such right in connection with a foreclosure of the fee Mortgage (with such right to be restored in connection with any subsequent sale or transfer by such foreclosing Mortgagee).

  • Lender acknowledges that Borrower shall incur no personal liability hereunder to the extent Lender incurs any actual losses or expenses arising out of, or attributable to, the circumstances described in clauses (a) through (h) in this Section 12.03 which were caused solely as by acts or omissions of Walgreens, as tenant under the Walgreens Lease or the agents of Walgreens.

  • In the event Walgreens shall not be in compliance with the terms of the Walgreens Lease obligating Walgreens to undertake the following obligations, Borrower shall not commit or suffer any material, physical waste of the Property or do or permit to be done thereon anything that may in any way impair the value of the Property or invalidate the insurance coverage required hereunder to be maintained by Borrower.

  • For purposes of this Section 16.03, the form of estoppel letter required by the Walgreens Lease shall be an acceptable form, and may, during the first year of the Walgreens Lease, be subject to any remaining punchlist items.

  • To Borrower’s knowledge after due inquiry, Walgreens has not assigned the Walgreens Lease or sublet all or any portion of the premises demised thereby, Walgreens does not hold its leased premises under assignment or sublease, nor does anyone except Walgreens (including any subtenants permitted under its Lease) and its employees occupy such leased premises, other than licensees, concessionaires and similar occupants as permitted under the Walgreens Lease.


More Definitions of Walgreens Lease

Walgreens Lease means individually and collectively as the context may require (as each of the following may be amended, restated, renewed and/or extended): (i) with respect to the Coalinga, CA Individual Property, that certain Lease dated December 20, 2007 between Interra (Coalinga), LLC, a California limited liability company, as landlord and Walgreen Co., an Illinois corporation (“Walgreen Co”), (ii) with respect to the Stevensville, MI Individual Property that certain Lease dated April 4, 2007 between Stevensville LLC, an Illinois limited liability company, as landlord and Walgreen Co, as tenant, (iii) with respect to the Maplewood, NJ Individual Property that certain Lease dated July 6, 2010 between 1600 Xxxxxxxxxxx Xxxxxx Xssociates, LLC, a New Jersey limited liability company, as landlord and Walgreen Eastern Co., Inc. a New York corporation, as tenant and Walgreen Co as lease guarantor.
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Walgreens Lease means that certain Commercial Lease dated as of February 2004 between LCR and Cap II--Buccaneer, LLC, a New Mexico limited liability company, as assigned in accordance with the terms of this Agreement by LCR to the Phase II Mall Subsidiary.
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Related to Walgreens Lease

  • 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:

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • 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.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • 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).

  • 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.

  • 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.

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

  • Financeable Ground Lease means, a ground lease reasonably satisfactory to the Administrative Agent on behalf of the Lenders, which must provide customary protections for a potential leasehold mortgagee (“Mortgagee”) such as (i) a remaining term, including any optional extension terms exercisable unilaterally by the tenant, of no less than 25 years, (ii) a provision that the ground lease will not be terminated until the Mortgagee has received notice of a default, has had a reasonable opportunity to cure and has failed to do so, (iii) provision for a new lease to the Mortgagee as tenant on the same terms if the ground lease is terminated for any reason, (iv) transferability of the tenant’s interest under the ground lease by the Mortgagee without any requirement for consent of the ground lessor unless based on delivery of customary assignment and assumption agreements from the transferor and transferee, (v) the ability of the tenant to mortgage tenant’s interest under the ground lease without any requirement for consent of the ground lessor and (vi) provisions that the tenant under the ground lease (or the leasehold mortgagee) has customary protections with respect to the application of insurance proceeds or condemnation awards attributable to the tenant’s interest under the ground lease and related improvements.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • 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;

  • 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.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Easement Agreement means any conditions, covenants, restrictions, easements, declarations, licenses and other agreements listed as Permitted Encumbrances or as may hereafter affect the Leased Premises.

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • 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.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Master Leases means the PropCo Master Leases and each other Material Master 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.

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • 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.

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

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.