City Leases definition

City Leases means the City Ground Lease and the City Hotel Ground Lease, as amended.
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City Leases means each of the leases, subleases and occupancy and concession agreements to which Seller and the City (or other counterparty thereto) is a party and relating exclusively to the Property, each of which is set forth on Section 11.1(c) of the Seller Disclosure Letter.
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City Leases. Those certain "Lease Agreement(s)" for Lease No. 25368 and for the lease to be executed after the Rehabilitation by and between the City and the Partnership relating to those portions of the Project (shown as the existing loading dock and the proposed loading dock on the western facade of the Hospe Building on the Plans and Specifications) located and encroaching on City property.
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Examples of City Leases in a sentence

  • Rent payable to the City under the City Leases is subordinate to debt service on the 2019 Bonds, was subordinate to debt service on the 2009 Bonds prior to their redemption in July 2019 and was subordinate to debt service on the 2004 Bonds prior to their redemption in November 2009.

  • Payments of base rent to The City of New York are subordinate to the Phase I, II, and III debt service requirements and are allocated among Phase I, Phase II and Phase III in accordance with the provision of the City Leases.

  • The City Leases include the following provisions: • The terms of the City Leases will continue until all bond obligations issued in connection with Phases I, II, and III are paid, but not beyond December 18, 2071 for the 1972 Lease and May 7, 2080 for the 1981 Lease.

  • Total base rent under the City Leases was $1,799,330 and $1,773,900 for the years ended December 31, 2020 and 2019, respectively.

  • The City Leases Under a lease with the City for the Phase I Property, the Corporation pays the City base rent for the portion of One U.N. Plaza it operates that is not occupied by the U.N., missions to the U.N., or U.N.-related programs and activities.

  • Payments of base rent to The City of New York are subordinate to the Phase I, II and III debt service requirements and are allocated among Phase I, Phase II and Phase III in accordance with the provision of the City Leases.

  • The City Leases include the following provisions: • The terms of the City Leases will continue until all bond obligations issued in connection with Phases I, II and III are paid, but not beyond December 18, 2071 for the 1972 Lease and May 7, 2080 for the 1981 Lease.

  • The City of Shreveport shall have terminated the Parent’s guaranty of the City Leases.

  • The three properties are referred to collectively herein as the “UNDC Properties.” The Corporation transferred its interest in all three UNDC Properties to the City and leased back the same for 99 years under the City Leases, as referred to below.

  • Total base rent under the City Leases was $1,663,701 and $1,799,330 for the years ended December 31, 2021 and 2020, respectively.


More Definitions of City Leases

City Leases means the Phase II City Lease and the Phase I/Phase III City Lease.
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City Leases means the City Ground Lease and the City Hotel Ground Lease, as amended. “Code” means the Internal Revenue Code of 1986, as amended.
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Related to City Leases

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • 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.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

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

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Subleases means the sublease(s) and other documentation listed in Part [3B] of the Schedule;]

  • Real Estate Leases is defined in Section 4.7.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Facility Lease means a lease or master lease with respect to any Real Property Asset owned or ground leased by any of the Consolidated Parties as lessor, to a third party Tenant, which, in the reasonable judgment of the Administrative Agent, is a triple net lease such that such Tenant is required to pay all taxes, utilities, insurance, maintenance, casualty insurance payments and other expenses with respect to the subject Real Property Asset (whether in the form of reimbursements or additional rent) in addition to the base rental payments required thereunder such that net operating income to the applicable Consolidated Party for such Real Property Asset (before non-cash items) equals the base rent paid thereunder; provided, that each such lease or master lease shall be in form and substance reasonably satisfactory to the Administrative Agent.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • 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:

  • Material Leases has the meaning set forth in Section 3.7(a).

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).