Lease Interests definition

Lease Interests means the interests of the Ground Lease Contributor and the Third Floor Lease Contributor in the Ground Lease and the Third Floor Leases, as applicable.
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Lease Interests means any fractional interests in this Agreement, including, but not limited to, interests evidenced by trust receipts, beneficial interests or certificates of participation.
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Lease Interests means any fractional interests in the Lease, including, but not limited to, interests evidenced by trust receipts, beneficial interests or certificates of participation.
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Examples of Lease Interests in a sentence

  • See also Tax Bulletin LTT 1-2004 “Exemption for Certain Transfers of Life Lease Interests under the Land Transfer Tax Act” (April 2004).

  • On January 23, 2017, the Company entered in agreement with G6 Enterprises Corporation incorporated in the State of Texas and owner of a 100% working interest (75% Net Revenue Interest) in the Black and Morris Leases to purchase the Lease Interests with the payment of US$20,000 in cash and the issuance of 40,000 common shares of the Company.

  • In addition, Defendants’ co-conspirator Irwin Durben owed fiduciary duties to Mary as the trustee of her Ground Lease Interests, Midland Interests, Estate Interests, and 1976 Trust, see supra Section II.

  • Black and Morris LeasesOn January 23, 2017, the Company entered in agreement with G6 Enterprises Corporation incorporated in the State of Texas and owner of a 100% working interest (75% Net Revenue Interest) in the Black and Morris Leases to purchase the Lease Interests with the payment of US$20,000 in cash and the issuance of 40,000 common shares of the Company.

  • Active Plan members (Tier V) in the District’s defined pension plan are required to contribute 7.93% of their covered salary.

  • SUMMARY:Attachment A is the Snow–Water Equivalent chart for Bear Lake station as of January 10, 2017.

  • Additionally, the Assigned Lease Interests to not include any obligation to pay real property taxes (except as otherwise provided in the Easement Agreement) or the obligation to compensate the tenant under the Ground Lease for any damages caused to it by the Assignor or its affiliates, tenants, contractors, guests, employees or invitees.

  • This Lease (including Lease Interests) may be sold, assigned or otherwise disposed of by Lessor.

  • The Lessee will not make any use of any proceeds of the Lease Interests received by the Lessee or any other funds of the Lessee which will cause the Lease Interests to be “arbitrage bonds” subject to federal income taxation by reason of Section 148 of the Code, or which will cause such obligations to be “federally guaranteed” and subject to inclusion in gross income for federal income tax purposes by reason of Section 149(b) of the Code.

  • The Lessor acknowledges and agrees that the Lessee has made no undertaking to provide nor has it approved any disclosure or other information for use in connection with the sale of Lease Interests by the Lessor, and Lessor agrees to be fully responsible for any and all disclosure provided to potential investors.


More Definitions of Lease Interests

Lease Interests shall have the meaning set forth in Section 1.02(b).
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Related to Lease Interests

  • Base Interest means the interest that would otherwise accrue on the Securities under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Net Revenue Interest means, with respect to any Property, the interest in and to all Hydrocarbons produced, saved, and sold from or allocated to such Property after giving effect to all royalties, overriding royalties, production payments, carried interests, net profits interests, reversionary interests, and other burdens upon, measured by, or payable out or production therefrom.

  • Undeveloped Property means all Assessor’s Parcels of Taxable Property which are not Developed Property.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Proportionate Interest has the meaning specified in Section 2.5(d);

  • 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.

  • Class A Interests means the Units purchased by the Class A Members. The Class A Interests shall comprise sixty-five percent (65%) of the total Interests sold. Class A Percentage Interest shall be determined by calculating the ratio between each Class A Member’s Capital Account in relation to the total capitalization of the Company provided by the Class A Members.

  • Asset Interest is defined in Section 2.1(b).

  • car-share parking space means a parking space that is reserved and actively used for car-sharing;

  • Water interest means any right to the beneficial use of water, including:

  • Available Interest With respect to any Distribution Date, the sum of the following amounts with respect to the prior Monthly Period:

  • Basic Lease Provisions means and refer to the following collective terms, the application of which shall be governed by the provisions in the remaining Articles of this Lease.

  • Subject Properties has the meaning specified in Section 5.13(a).

  • Undeveloped Land means (i) land owned in fee by the Company or any Subsidiary as of December 31, 2016 which at the time of determination has not been developed for commercial or residential purposes, (ii) land acquired by the Company or any Subsidiary subsequent to December 31, 2016 pursuant to a Code section 1031 like-kind exchange (in exchange for land described in clause (i) or (ii) of this definition) which at the time of determination has not been developed for commercial or residential purposes, or (iii) capital stock or other equity interests of a Subsidiary which owns as its principal asset, directly or indirectly, Undeveloped Land described in clause (i) or (ii) of this definition.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • 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.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Net Interest means interest earned on a prearranged

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.