Lease Claims definition

Lease Claims shall have the meaning set forth in Section 11.4.
Lease Claims means the sum of all present and future Claims against UASC on account or in respect to the Lease Obligations and other extensions of credit or indebtedness at any time incurred under the ASC Lease, and specifically includes (without limitation) all Claims for fees, taxes, expense reimbursements, indemnities and other amounts payable by UASC under the ASC Lease or any other such instrument, conveyance or agreement and all Post-Petition Claims in any Bankruptcy, Insolvency or Liquidation Proceeding related to the ASC Lease.

Examples of Lease Claims in a sentence

  • In full, final, and complete settlement, satisfaction, release, and exchange of the Bessemer Lease Claims, the County shall recognize and perform all of its obligations under the Bessemer Stipulation, including with respect to the New Bessemer Lease.

  • Other Anti-Doping Organisations may also have jurisdiction to test Athletes who are subject to these Rules, in accordance with Code Article 15.

  • The Liquidating Trustee shall not be permitted to distribute any of the Lease Reserve to any Person other than a Person entitled to payment from the Lease Reserve (and then such payment shall be permitted in accordance with the terms of the Plan, the Final DIP Order and the Funding Agreement) unless and until all Allowed Lease Claims have been paid in full and all other Lease Claims have been Disallowed or otherwise resolved.

  • In the event that the Remaining Lease Balance is insufficient to pay all Allowed Lease Claims, each unpaid Allowed Lease Claim, or portion thereof, shall be treated as an Allowed Administrative Claim to be paid from the Administrative Claims Reserve.

  • In the event that Cash remains in the Lease Reserve after payment of all Allowed Base Rent Lease Claims, such residual Cash shall be used to pay each Allowed Lease Claim other than Allowed Base Rent Lease Claims, upon entry of a Final Order allowing each such Lease Claim.


More Definitions of Lease Claims

Lease Claims means the sum of: (a) all present and future Claims against UASC, UCS or any of the Physicians on account or in respect to the Lease Obligations and other extensions of credit or indebtedness at any time incurred under the Leases or the Collateral Agreements, including any guaranty thereof, (b) all present and future Claims at any time arising or secured, or purported to be secured, under any instrument, conveyance or agreement delivered by such parties, respectively, governing, securing or relating in any respect to the Leases or the Collateral
Lease Claims means the sum of: (a) all present and future Claims against UASC, UCS or any of the Physicians on account or in respect to the Lease Obligations and other extensions of credit or indebtedness at any time incurred under the Leases or the Collateral Agreements, including any guaranty thereof, (b) all present and future Claims at any time arising or secured, or purported to be secured, under any instrument, conveyance or agreement delivered by such parties, respectively, governing, securing or relating in any respect to the Leases or the Collateral Agreements, (c) all present and future Claims in any manner based thereon, arising therefrom or related thereto, in each case whether now outstanding or at any time hereafter arising, and specifically includes (without limitation) all Claims for fees, taxes, expense reimbursements, indemnities and other amounts payable by any of the foregoing parties, respectively under the Leases or the Collateral Agreements or any other such instrument, conveyance or agreement and all Post-Petition Claims in any Bankruptcy, Insolvency or Liquidation Proceeding; and, (d) all other indebtedness at any time incurred by or committed to any of the foregoing parties to the Landlord.
Lease Claims shall have the meaning specified in Section 5.14.
Lease Claims. (as such terms are hereafter defined), as applicable. As used herein, "General Claims" shall mean claims for Losses and Liabilities relating to or arising out of the breach or default of any representation, warranty or covenant other than Excluded Claims and Lease Claims. The "General Claims Threshold" shall be Eight Hundred Forty Thousand Dollars ($840,000). As used herein, "Lease Claims" shall mean claims for Losses and Liabilities relating to or arising out of the breach or default of the representations and warranties contained in Section 3.7 and 4.21. The "Lease Claims Threshold" shall be One Hundred Sixty Thousand Dollars ($160,000). If the applicable Threshold is equalled or exceeded by the claiming party, then the full amount of Losses and Liabilities of the claimant governed by such Threshold shall be recoverable under the indemnification provisions of this Agreement. Losses and Liabilities which are covered by title insurance or the proceeds of condemnation or casualty insurance shall not be included in computing whether the aggregate claims equal or exceed the applicable Threshold for the purpose of this provision.
Lease Claims means claims for Losses and Liabilities relating to or arising out of the breach or default of the representations and warranties contained in Section 3.7 and 4.21. The "Lease Claims Threshold" shall be One Hundred Sixty Thousand Dollars ($160,000). If the applicable Threshold is equalled or exceeded by the claiming party, then the full amount of Losses and Liabilities of the claimant governed by such Threshold shall be recoverable under the indemnification provisions of this Agreement. Losses and Liabilities which are covered by title insurance or the proceeds of condemnation or casualty insurance shall not be included in computing whether the aggregate claims equal or exceed the applicable Threshold for the purpose of this provision.
Lease Claims means the General Unsecured Claims of the Lease Trustee, arising under or relating to the Facilities and the Lease Documents, which were Allowed as General Unsecured Claims against Dynegy Roseton in the amount of $454,717,690 and against Dynegy Danskammer in the amount of $85,282,310, pursuant to the Section II.d.(i) of Settlement Agreement and the Settlement Order.
Lease Claims means the Claims of (i) any landlord, lessor, licensor, mortgagee or other Person with an interest in any real estate leased, rented or otherwise occupied by Debtor in respect of such property, and (ii) any lessee, renter, licensee or other Person occupying real estate leased from, licensed, rented or otherwise contracted from Debtor (except, in either case, to the extent of Claims in respect of security deposits or like Collateral, to the extent included in Class 3 - Other Secured Claims).