Air Rights Lease definition

Air Rights Lease means collectively the Air Rights Leases by and among the City, as Lessee and Little Rock Newspapers, Inc., , and , as Lessors, dated , 2003 pursuant to which the City has obtained the exclusive and unencumbered right to construct the River Market Parking Project.
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Air Rights Lease means that certain Indenture of Air-Rights Lease dated as of November 13, 1986 by and between Belaxxx Xxxatre Corporation, an New York corporation,
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Air Rights Lease means that certain Lease of Air Space dated December 1, 1994 by the City of New Orleans to CSDC Ground Lessor, together with all amendments, assignments, supplements and modifications thereto.
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Examples of Air Rights Lease in a sentence

  • The Ground and/or Air Rights Lease for the Housing Component will have an initial term of 65 years, with an option to extend to a total of 99 years.

  • The Ground and/or Air Rights Lease for the Hotel Component will have an initial term of 65 years, with an option to extend to a total of 99 years.

  • Landlord is the lessee of air rights premises collectively referred to as Xxxxxx Place, pursuant to that certain Air Rights Lease Agreement (the “Underlying Lease”), made as of June 20, 2011, by and between Landlord, as the tenant thereunder, and the Massachusetts Department of Transportation (“DOT”), as the landlord thereunder.

  • The Property is not subject to any Leases other than the Leases described in the certified rent roll delivered in connection with the origination of the Loan and the Air Rights Lease.

  • Other than the right to purchase the Air Rights Parcel as contained in the Air Rights Lease, no Tenant under any Lease has a right or option pursuant to such Lease or otherwise to purchase all or any part of the property of which the leased premises are a part.

  • Landlord, in consideration of the rents and upon the terms, conditions, covenants and agreements set forth in that certain Air Rights Lease Agreement by and between Landlord and Tenant, dated as of , 2009 (the “Lease”), has leased to Tenant certain premises situated on the plaza level of the parking deck known as the Xxxxxxx Parking Deck located at 000 X.

  • December 3, 2019 – to consider an Air Rights Lease Agreement with PCI Parking Garage, Inc.

  • The annual base lease payment will be $15,000 and should be considered an “above the line” operating expense, with residual and/or contingent rents (to be defined in the Air Rights Lease) to come from surplus cash, if any.

  • Landlord, in consideration of the rents and upon the terms, conditions, covenants and agreements set forth in that certain Air Rights Lease Agreement by and between Landlord and Tenant, dated as of _ , 2009 (the “Lease”), has leased to Tenant certain premises situated on the plaza level of the parking deck known as the Xxxxxxx Parking Deck located at 000 X.

  • All provision of the Air Rights Lease not expressly amended herein shall remain in full force and effect in accordance with their terms.


More Definitions of Air Rights Lease

Air Rights Lease means that certain Restated Agreement of Lease (Hotel), dated as of July 30, 1999, by and between City of New Xxxxxxxx, as lessor, and New Roc Hotels, LLC, as lessee, as the amended by that certain First Amendment to Restated Agreement of Lease (Hotel) dated January 21, 2004, and as further amended by that certain Second Amendment to Restated Agreement of Lease (Hotel) dated April 15, 2005.
Sample 1
Air Rights Lease means a certain lease dated March 7, 1991 between American National Bank and Trust Company, as Trustee under trust agreement dated November 26, 1985 and known as Trust Number 66121, as landlord, and 77 WWLP, as Tenant, and recorded as Document Number 91119739 in the office of the Recorder of Xxxx County, Illinois.
Sample 1
Air Rights Lease means that certain Indenture of Air Rights Lease dated as of November 13, 1986, by and between Belaxxx Xxxatre Corporation, a New York corporation, as landlord, and Tower 45 Associates Limited Partnership, a New York limited partnership, as tenant, which was recorded as Exhibit B to a certain declaration dated as of January 15, 1987 and recorded in the Office of the City Register in Reel 1225 Page 1174 and predecessor in interest to Magnolia Associates, Ltd., as tenant, and which Air Rights Lease was assigned to Mortgagee by Assignment of Air Rights Lease dated as of November 26, 1997 and recorded on ___________ __ 199_ in Reel ____ Page ____.
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Air Rights Lease. As defined in Section 11.9.
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Related to Air Rights Lease

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • 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:

  • 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 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).

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • 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.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Memorandum of Lease has the meaning set forth in Section 5.01(c)(iii).

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • 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.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Consent Agreement means this Consent Agreement, duly signed and concluded between the Commission and the Respondent, as contemplated in section 40(1) of the Act.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.