Concession Sublease definition

Concession Sublease means any Sublease entered into by and between the Lessee and a Concession Sublessee.
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Concession Sublease means any Sublease entered into by and between the Lesseeand a Concession Sublessee.
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Concession Sublease means a Sublease made by IAT for use of any portion of the Concession Space.
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Examples of Concession Sublease in a sentence

  • ACDBE Concession Sublease means any Concession Sublease with an ACDBE pursuant to Section 5.3 (Concession Subleases).

  • The distributions clause deals with the timing of when members get paid.

  • MAG is the minimum annual amount due during each year of the Concession Sublease term regardless of sales.

  • While, informal method present the results of analyzing a research with descriptions by words”.The writer present as an background of the research, identification of problems in this research and the writer include the question of the research into one question which probably often appear in the subject of the analysis.

  • Additional provisions regarding these requirements and financial terms are set forth in more detail in the draft Concession Sublease.

  • From and following the DBO of any phase of the D&C Work for the New Terminal Facilities, the Lessee shall require each Concession Sublessee operating in the new space constructed in such phase to pay rentals to the Lessee on terms and conditions specified in the applicable Concession Sublease.

  • Any recommended changes to the standard Concession Sublease should be documented upon submission to this RFP.

  • If selected, a Preferred Proponent is expected to use best efforts and all available resources to ensure that the applicable Concession Outlets are open for business on the date required under the Concession Sublease.

  • Each month, the sublessee under the Concession Sublease is responsible for paying (i) 1/12 of the MAG, plus (ii) the positive difference, if any, of the Percentage Rent due for such month, if any.

  • There may be two rent components under the Concession Sublease: (i) Minimum Annual Guarantee (MAG); and (ii) Percentage Rent.


More Definitions of Concession Sublease

Concession Sublease means any Sublease between the Lessee and the operator of a concession at the Existing Terminal B Facilities, the New Terminal B Facilities or the Central Hall, as applicable, pursuant to Section 5.3 (Concession Subleases).
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Related to Concession Sublease

  • 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.

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

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;

  • 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;

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

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

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

  • 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 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.

  • 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:

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • 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.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Sublessor means one who conveys real property by sublease."

  • 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;

  • 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).

  • 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.

  • Permitted Sublease means a sublease permitted under Section 7.2.7 of the Lease.

  • 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.

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

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