Co-Tenancy Transfer means any transfer made expressly pursuant to and in accordance with the terms of Sections 7.2 or 8 of the Co-Tenancy Agreement.
Tenancy Agreement means the contract drawn up between the Landlord and the Tenant specifying the obligations of the two parties.
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.
Successor Landlord shall have the meaning given such term in Section 20.2.
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).
Estoppel Certificate As defined in Section 23.1(a).
Ground Lessor means the lessor under the Ground Lease.
Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;
Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.
Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.
Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.
Fannie Mae Transfer As defined in Section 13 hereof.
Condominium unit A Single Family Property within a Condominium Project.
Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.
Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.
Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.
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.
Successor Operator means a Train Operator succeeding or intended by the Secretary of State to succeed (and whose identity is notified to the Franchisee by the Secretary of State) the Franchisee in the provision or operation of all or any of the Franchise Services including, where the context so admits, the Franchisee where it is to continue to provide or operate the Franchise Services following termination of the Franchise Agreement;
land owner s association" means an organisation established by owners of a group of properties to collectively regulate their conduct and share the costs of maintaining and improving shared infrastructure and services, including a home owner’s association;
Lease Assignment has the meaning set forth in Section 3.6(d).
Title Transfer means the transfer of title to Gas between two (2) Shippers at a Delivery Point, provided that each such party has executed a Transportation Service Agreement, or the transfer of title to Gas between two (2) Shippers at ATP, provided each such party has executed either a Transportation Service Agreement or a Title Transfer Agreement.
Leasehold Mortgagee means the holder of a Leasehold Mortgage.
Permitted Transfer has the meaning set forth in Section 10.02.
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:
Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.
Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.
Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.