Facilities Lease definition

Facilities Lease means this Facilities Lease together with any duly authorized and executed amendment hereto.

Facilities Lease or “Lease” means the Lease-Purchase Agreement between the Lessor, as lessor, and the Board, as lessee, conveying a leasehold interest in the Leased Property, and under which the Board shall lease the Leased Property for an initial term and renewal terms that are subject to renewal upon appropriations being made by this Board of funds sufficient to pay the Base Rent due during each such term.

Facilities Lease means that certain lease, entitled “Facilities Lease”, by and between the County and the Authority, dated as of July 1, 2015, which lease or a memorandum thereof was recorded in the office of the County Recorder of the County of Contra Costa on , 2015 as document No. , as originally executed and recorded or as it may from time to time be supplemented, modified or amended pursuant to the provisions hereof and thereof.

Examples of Facilities Lease in a sentence

• In the event any provision of this Site Lease shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof, unless elimination of such invalid provision materially alters the rights and obligations embodied in this Site Lease or the Facilities Lease.

• If the District exercises its option to purchase the Project pursuant to the Facilities Lease, then this Site Lease shall terminate concurrently with the District’s buy out and termination of the Facilities Lease.

• This Site Lease and the corresponding Facilities Lease collectively contain all of the agreements of the Parties hereto with respect to any matter covered or mentioned in this Site Lease and no prior agreements or understanding pertaining to any such matter shall be effective for any purpose.

• If Developer defaults pursuant to the provision(s) of the Facilities Lease and the District terminates the Facilities Lease pursuant to the Facilities Lease provision(s) allowing termination, then the Developer shall be deemed to be in default of this Site Lease and this Site Lease shall also terminate at the same time as the Facilities Lease.

• The Developer and the District shall comply with the insurance requirements and the indemnity requirements as indicated in the Facilities Lease.

More Definitions of Facilities Lease

Facilities Lease means this Facilities Lease, as originally executed and recorded or as it may from time to time be supplemented, modified or amended pursuant to the provisions hereof and of the Trust Agreement.

Facilities Lease means this Facilities Lease and all attached exhibits together with any duly authorized and executed amendment hereto.

Facilities Lease means (i) the Facilities Sublease Agreement made, entered into and effective as of the date hereof between the Sub-Lessee and the Charter School Operator as the same may be amended and/or supplemented from time to time and (ii) any sublease, sub-sublease or similar agreement between the Sub-Lessee and any successor or sub-subleasee engaged by the Sub-Lessee as contemplated pursuant to the provisions of this Ground Lease to operate the John McDonogh School Facility for School Purposes.

Facilities Lease means shall mean the Original Facilities Lease, as amended by the Amendment to Facilities Lease, as supplemented and amended by the First Supplemental Facilities Lease, as further supplemented and amended by the Second Supplemental Facilities Lease, as further supplemented and amended by the Third Supplemental Facilities Lease, and as the same may be further amended or supplemented from time to time in accordance with its terms.

Facilities Lease means that certain lease, entitled “Master Facilities Lease”, by and between the City and the Authority, dated as of [DATED DATE], as originally executed and recorded or as it may from time to time be supplemented, modified or amended pursuant to the provisions hereof and thereof. Facilities Sublease

Facilities Lease means this Facilities Lease, including any amendments or supplements thereto.

Facilities Lease means that certain Facilities Lease Agreement dated as of September 1, 2005 between the Mortgagor as lessor, and the Laramie County Community College District as lessee, relating to the Property and the Facilities as described therein, and recorded on September 7, 2005 in Book 1903 at Page 1850 of the real property records of the County Clerk of Laramie County, Wyoming, as amended by this Amendment.