Xxxxx Complex Leasehold definition

Xxxxx Complex Leasehold has the meaning given such term in Section 2.1 of ----------------------- the Xxxxx Complex Ground Lease.

Examples of Xxxxx Complex Leasehold in a sentence

The Easements shall be deemed to be --------------------- appurtenant to the Xxxxx Complex Leasehold and shall be for the benefit of the Lessee and its permitted successors and assigns.
The Lessor hereby consents to (i) such assignment and mortgage and (ii) any further assignment or mortgage by (x) the Collateral Trustee, any successors and assigns of the Collateral Trustee, including, without limitation, any purchaser of the Xxxxx Complex Leasehold at a trustee's sale, foreclosure sale, deed in lieu of foreclosure or other transfer in connection with the Indenture or (y) any successor or assign of any purchaser described in the preceding clause (x).
To ----------------------------------------------- secure the indebtedness evidenced by the Senior Debt, the Lessee will assign, mortgage and convey pursuant to a deed of trust to the Collateral Trustee its right, title and interest hereunder and in and to this Xxxxx Complex Ground Lease and the Xxxxx Complex Leasehold, Easements and Auxiliary Rights pursuant to the terms of the Financing Documents.
The Lessor covenants with the Lessee that the Lessee will enjoy quiet possession of the Xxxxx Complex Leasehold and the right to utilize the Easements, free from claims of persons in possession and third parties claiming rights thereto.
It is intended and agreed by the parties hereto that the Xxxxx Complex Leasehold, the Easements, the Auxiliary Rights and other rights granted and conveyed hereunder shall be separate and independent covenants and agreements of the parties hereto and that, except as provided in Article XV, no Xxxxx Complex Leasehold, Easement, Auxiliary Right or other right granted or conveyed pursuant to this Agreement may be terminated without the express consent of the Collateral Trustee.
Lessor hereby reserves all of the oil, gas and other minerals in and under the Xxxxx Complex Leasehold and that may be produced therefrom (including the right to receive royalties under existing leases), waiving hereby, for the term of the Xxxxx Complex Leasehold and any extensions thereof, all its rights to use the surface of the land included in the Xxxxx Complex Leasehold for the purpose of exploring for or producing the said oil, gas and other minerals.
For the entire Xxxxx Complex Initial Term the ------------ rent payable by the Lessee for the Xxxxx Complex Leasehold, the Easements and the Auxiliary Rights shall be $25,000, payable in advance in a lump sum upon Financial Close.

Related to Xxxxx Complex Leasehold

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.
Real Property Lease has the meaning set forth in Section 3.9(b).
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:
Leased Properties have the meaning set forth in Section 3.16 herein.
Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.
Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.
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.
Company Leased Real Property has the meaning set forth in Section 3.14(b).
Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.
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).
farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;
Leased Real Property has the meaning set forth in Section 3.18(b).
Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.
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.
Parcel means an identifiable unit of land that is treated as separate for valuation or zoning purposes.
Leased Land means land which is the subject of a lease granted under section 60 or 93G; S. 3 def. of "lessee" amended by No. 39/1997 s. 4(2)(b).
Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).
Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by any Group Company, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the Lease for such Leased Real Property.
Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).
Material Leased Real Property has the meaning set forth in Section 2.14.
Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;
Leased Property shall have the meaning given such term in Section 2.1.
Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.
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.
domestic premises means any premises used wholly or partly as a dwelling or intended for such use;
Real Property Leases means the leases, subleases, licenses or other agreements, including all amendments, extensions, renewals, guaranties or other agreements with respect thereto, under which the Company or any of its Subsidiaries uses or occupies or has the right to use or occupy any real property.