Assignment of Parking Lot Lease definition

Assignment of Parking Lot Lease means either (a) the assignment of the Parking Lot Lease from Seller to Buyer, with Verizon California Inc.’s consent, or (b) the offer to Buyer to enter into a written agreement with Buyer with respect to a lease or license for space within a reasonable proximity of the property covered by the Headend Lease that would provide Buyer with an alternative to the space covered by the Parking Lot Lease and that is at a lease rate per square foot that is not greater than the rate per square foot that is in effect as of the date hereof under the Parking Lot Lease (plus any scheduled increase that is provided for in the Parking Lot Lease as it exists as of the date hereof).
Sample 1

Examples of Assignment of Parking Lot Lease in a sentence

  • All other documents reasonably necessary to effectuate the transaction, to include an Assignment of Parking Lot Lease executed and acknowledged by Seller as of the Closing Date in form and substance as agreed between the Parties along with the consent to said assignment by the City.

  • The survey conducted in the Fall 2016 was representative of C.A.T.S. ridership across all service types, and day and week parts with information accurate at the 95% confidence interval with a sampling error of plus or minus 3.9%.

  • Seller shall use commercially reasonable efforts to obtain, and will cooperate and negotiate with Buyer in good faith in an effort to obtain, the Assignment of Manhole Agreement and the Assignment of Parking Lot Lease.

Related to Assignment of Parking Lot Lease

  • 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).

  • 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).

  • 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.

  • 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:

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Leases and Rents With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Obligor, 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, whether contained in the Mortgage or in a document separate from the Mortgage, in the form that was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter in accordance with the Credit and Collection Policy.

  • 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).

  • Assignment of Rents means an instrument that transfers the beneficial interest under a deed of trust from one lender/entity to another.

  • 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.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

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

  • 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.

  • Parking Lot means a building or land used for the parking or storage of ten or more motorcars or bakkies, or two or more buses or trucks, excluding −

  • Utility easement means a right held by a facility operator to install, maintain, and access an underground facility or pipeline.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • 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.

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

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

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

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

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

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

  • 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.

  • First Assignment means: the relevant Assignment; orif, prior to the relevant Assignment: