Excluded Leases definition

Excluded Leases has the meaning set forth in Section 2.2(c).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Excluded Leases means all Leases other than Assumed Leases.

Excluded Leases means Leases of any Seller other than the Assumed Leases, including all options to renew, purchase, expand or lease (including rights of first refusal, first negotiation and first offer), all credit for the prepaid rent associated therewith, and all security deposits and other deposits made in connection with such Leases.

Examples of Excluded Leases in a sentence

Except as set forth on Schedule 4.1.26(a), as of the date of the rent roll, no Individual Property is subject to any Leases other than the Leases in respect of such Individual Property with Tenants that are described in the Certificate of Rent Roll and certain third-party access agreements, Excluded Leases and except for subtenants under subleases entered into by Tenants at an Individual Property.
If a Title Defect is neither cured to Buyer’s reasonable satisfaction nor waived by Buyer prior to the expiration of the Cure Period then the Excluded Lease(s) affected thereby shall be retained by Sellers and neither Buyer nor Sellers shall have any further obligation to the other Party with respect thereto.
As used in this Section, "Excluded Leases" means (i) Capital Leases and (ii) leases of transportation and data processing equipment.
This provision and the provisions of paragraph (f) above, therefore, shall not apply to either of said buildings, while said Prior Leases continue in effect (the "Excluded Leases").
Seller has delivered to the Purchaser a correct and complete copy of each of the Assumed Store Leases (as amended to date), which leases are listed and more particularly described in Schedule 5.1.3, and Excluded Leases (as amended to date).

More Definitions of Excluded Leases

Excluded Leases shall have the meaning set forth in Section 2.4(g).

Excluded Leases has the meaning given to such term in the Security Agreement.

Excluded Leases means any lease (i) that would have been characterized as an operating lease in accordance with GAAP in effect as of 31 December 2018; and (ii) for which the Borrower or any Restricted Subsidiary has not expressly granted a mortgage or security interest over property to secure the payment and performance of its obligations thereunder, other than with respect to customary security deposits and any property over which a landlord may have a right of distraint or similar remedy at law.

Excluded Leases of any Person means, without duplication:

Excluded Leases shall have the meaning set forth in Section 2.3(b) hereof.

Excluded Leases means each and all of the leases listed on Exhibit 1.01-C hereto.

Excluded Leases means the Borrower’s leasehold interests in the following properties: