Existing Master Lease definition
Examples of Existing Master Lease in a sentence
Except as expressly and specifically set forth herein, the Existing Master Lease remains unmodified and in full force and effect.
In the event of any discrepancy between the Existing Master Lease and this Amendment, the terms and conditions of this Amendment will control and the Existing Master Lease is deemed amended to conform hereto.
From and after the date of this Amendment, each reference in the Existing Master Lease or the other Transaction Documents to the “Lease” or “Master Lease” means, as applicable, the Existing Master Lease as modified by this Amendment.
Section 1.3.1 Lessor and Tenant hereby amend and restate the Existing Master Lease in its entirety in accordance with the terms of this Lease as of the Effective Date (as defined in Section 2.1 below) by executing this Lease.
From and after the date of this Amendment, each reference in the Existing Master Leases or the other Transaction Documents to the “Lease” or “Master Lease” means, as applicable, the Existing Master Lease or Existing Master Leases as modified by this Amendment.
Any capitalized term used but not defined in this Amendment will have the meaning assigned to such term in the Existing Master Lease.
The addresses of the Lessor and the Lessee for purposes of giving any notice, request or other communication currently set forth in Section 31.1 of the Existing Master Lease are hereby amended and restated as follows: To Lessee: Diversicare Leasing Corp.
Pursuant to the Existing Master Lease and the Existing Sublease, the Existing Master Lease and the Existing Sublease will expire on January 31, 2008 (the “Existing Lease Expiration Date”).
The Existing Portion was disbursed pursuant to the Existing Loan Agreement and Original Loan Agreement and the Existing Master Lease Balance was owed pursuant to the Existing Master Lease Agreement.
The Borrower will not, and will not permit any of the Loan Parties to, amend, modify or waive any of its rights under its certificate of incorporation, bylaws or other organizational documents, the Existing Master Lease or any agreement governing Material Indebtedness, except in any manner that could not reasonably be expected to have a Material Adverse Effect.