Future Leases definition

Future Leases means all Leases (including all amendments to the Existing Lease and to each Future Lease) with all or a portion of its term within the Term Balance, but not prior thereto.
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Future Leases means those certain leases or renewals, extensions or expansions of leases, executed by Seller, as landlord, on or after December 16, 1996, covering certain rentable space within the Property, and which are approved by Buyer pursuant to Paragraph 14(c) hereof.
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Examples of Future Leases in a sentence

  • The Servicer shall provide or procure the legal opinions required by Section 5.02(s) of the Indenture with respect to Future Leases.

  • It is understood that the foregoing provisions and conditions concerning a request for an additional legal opinion shall only apply to proposed or incipient Future Leases with a Lessee not currently the Lessee of the applicable Funded Aircraft, i.e., such provisions and conditions shall not apply to Future Leases that are renewals or extensions of a Lease of the applicable Funded Aircraft with its existing Lessee.

  • The Servicer shall provide or procure the legal opinions required by Section 5.03(d) of the Indenture with respect to Future Leases.

  • The Existing Leases and Guaranties and all Future Leases and amendments and guaranties thereof are collectively referred to as the "LEASES".

  • Such Future Leasing Advance may be made, at Borrower’s election, either: (1) in reimbursement for expenses paid by Borrower, or (2) for payment of expenses incurred and invoiced but not yet paid by Borrower, or (3) by funding allowances for Leasing Costs undertaken by tenants and completed in accordance with Future Leases.

  • Master Lessee has the right, subject to such Starplex Lease and any Future Tenants under any Future Leases, but not the obligation, to occupy the Premises.

  • The Servicer shall coordinate obtaining the legal opinions required by the Credit Agreement (if any) with respect to Future Leases.

  • Borrower shall deliver to Lender a list of all Future Leases, and all amendments to such agreements which cover, relate to or effect any and all real estate leased by the Borrower, as soon as such Future Leases and amendments are executed by Borrower.

  • Seller and Purchaser desire to establish a Reserve Account (as defined below) for Purchaser’s benefit, which Reserve Account will be held to collateralize and provide recourse for potential future credit and asset losses experienced under the Current Leases contemplated by the Purchase Agreement (the “Initial Transaction”) and under Future Leases contemplated by the Program Agreements and any future Portfolio Purchase and Sale Agreement, upon the terms and conditions set forth in this Agreement.

  • The parties acknowledge that the Reserve Account is established pursuant to this Agreement to establish and determine Seller’s recourse liability to Purchaser for Purchaser’s credit and asset losses under the Purchase Agreement and reserves for credit and asset losses with respect to the Future Leases, as more fully described herein.