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 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 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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Examples of Walgreens Lease in a sentence

  • 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.

  • 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.

  • 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.

  • 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).

  • 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.

  • 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.

  • 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.

  • Subject to the rights of the tenant set forth in the Walgreens Lease, in order to perform inspections or, following an Event of Default, to complete Reserve Items which Borrower has failed to perform, Borrower hereby grants Lender and its agents the right, from time to time, to enter onto the Property upon twenty-four (24) hours notice, which may be telephonic, except that no notice shall be required in an emergency or after an Event of Default.

  • No Person has any possessory interest in the Property or right to occupy the same except under and pursuant to the provisions of the Walgreens Lease.


More Definitions of Walgreens Lease

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 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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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.

  • 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 and restrictions, easements, declarations, licenses and other agreements which are Permitted Encumbrances and such other agreements as may be granted in accordance with Section 19.1.

  • 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.

  • 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 the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • 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.

  • 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.

  • 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 means 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.

  • Ground Lessor means the lessor under the Ground Lease.