First Lease definition

First Lease shall have the meaning given such term in the preambles to this Agreement.
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First Lease a lease dated [DATE] between (1) [the Landlord] and (2) [the Tenant] [and (3) [the Guarantor]] and any document supplemental to it;
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First Lease the lease of the First Premises in the form of the draft annexed at Annexure 1
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Examples of First Lease in a sentence

  • If Landlord authorizes Tenant to take possession of any part of the Premises prior to the Commencement Date for purposes of doing business, all terms of this Lease shall apply to such pre-Term possession, including Base Rent at the rate set forth for the First Lease Year in the Schedule prorated for any partial month.

  • Following the First Lease Year, a Lease Year will be March 1st – February 28th and Rent for the Lease Year will be payable annually, in advance, on or before the first day of March.

  • The First Lease Year Rent must be paid by cashier's check, drawn upon a Montana bank, and payment is due upon execution of the lease.

  • If the First Lease Year does not end on February 28, there will be a supplemental billing period prorated at the First Lease Year’s Rent for the difference in time between the end of the First Lease Year and February 28.

  • Failure to pay the First Lease Year's Rent at the time of lease execution will result in the cancellation of the lease and forfeiture of all money paid.

  • Landlord and Tenant have caused this First Lease Amendment to be executed on the date first written hereinabove.

  • First Lease payment shall be due no less than thirty (30) days after Lease Commencement Date or Lessor billing date, whichever is the later, for all Equipment.

  • Landlord and Tenant are willing to agree to such expansion of the Premises to include the 4th Floor Expansion Space, subject to the terms and conditions of this First Lease Amendment.

  • Each succeeding Lease Year shall commence upon the anniversary date of the First Lease Year.

  • All capitalized terms used in this First Lease Amendment have the same meaning as in the Lease, unless otherwise specified herein.


More Definitions of First Lease

First Lease means the lease between the Previous Owner and Emirates dated 1 September 2014 relating to the lease of the First Asset including the First Redelivery Condition Side Letter;
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First Lease means a lease of the First Property dated 8 April 2004 and made between Capita Trust Company Limited (1) and the Seller (known as Northern Rock plc) (2);
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First Lease means the lease of the First Property in the form annexed hereto as Annexure 1
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First Lease is defined in Section 5.24.
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Related to First Lease

  • Wet Lease means any arrangement whereby Lessee or a Permitted Sublessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Lessee or a Permitted Sublessee, provided that Lessee's obligations under this Lease shall continue in full force and effect notwithstanding any such arrangement.

  • 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).

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • 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: