Existing Lease definition

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

Existing Lease shall have the meaning assigned thereto in Section 10.7. “Fixed Rents” shall have the meaning assigned thereto in Section 10.2(a).

Existing Lease means a Lease in effect on a Closing Date in respect of any Railcar being conveyed to the Issuer on such date, together with any renewals thereof.

Examples of Existing Lease in a sentence

• The revenue generated by the Group from the sublease services in respect of the said properties for the three years ended 31 December 2023 was able to cover the rent paid by the Group to Zhenro Properties under the Existing Lease Agreements for the relevant period.

• As stated in the Letter from the Board, the three projects for which the Group intends to continue upon the expiry of the Existing Lease Agreements are Putian Fortune Center* (莆財富中心) (including Putian Zhenro Street* (莆 正榮街)), Fuzhou Mabao Zhenro Fortune Centre* (福州馬保正榮財富中心) and Fuzhou Mawei Zhenro Fortune Centre* (福州馬尾正榮財富中心).

• Notwithstanding the foregoing or anything to the contrary provided in the Existing Lease, if Existing Subtenant fails to surrender the Existing Sublease Premises to Tenant in the Surrender Condition on or before 11:59 p.m. on the Give-Back Date, then Article 16 of the Office Lease shall not apply to, and no holdover rent shall be payable by Tenant through the period ending 11:59 p.m. on February 14, 2024, with respect to the portion of the Give-Back Space comprising the Existing Sublease Space.

• The term “Lease”, as used in the Existing Lease, shall mean the Existing Lease as amended by this Sixth Amendment.

• Historical transaction amountsFor the year ended 31 December2021 2022 2023(RMB) Annual rent 1,100,000 1,155,000 1,212,750 The historical amount for each year was the annual rent paid by the lessee to the lessor under the Existing Lease Agreement (Fuzhou Mawei).Payment terms The rent payable under the 2024 Fuzhou Mawei LeaseAgreement shall be payable by the lessee to the lessor in equal sum, representing 50% of the annual rent, in arrears on a bi-annual basis.

More Definitions of Existing Lease

Existing Lease has the meaning provided in Schedule 3 to the Participation Agreement.

Existing Lease means, collectively:

Existing Lease defined above shall refer to the Existing Lease as it existed before giving effect to the modifications set forth in this Amendment and the term “Lease” as used herein and in the Existing Lease shall refer to the Existing Lease as modified by this Amendment, except as expressly provided in this Amendment. All capitalized terms used in this Amendment and not defined herein shall have the meanings set forth in the Existing Lease unless the context clearly requires otherwise.

Existing Lease has the meaning set forth in the recitals.

Existing Lease means the Lease of Leases (if any) the details of which are set out in Appendix 4.

Existing Lease. That certain Lease between Seller and CNOTP, dated as of October 11, 1881, as amended and supplemented, including without limitation by the 1987 Supplementary Agreement.

Existing Lease means a Lease (as defined below) in existence as of the Effective Date.