Head Lessee(s) definition

Head Lessee(s) means the Lessor who leases such pieces of land which constitute the Land from the respective Head Lessors under and pursuant to the various head leases
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Examples of Head Lessee(s) in a sentence

  • In no event shall any change in situs of the trust affect Original Head Lessee's rights or obligations under the Amended and Restated Head Lease TIA.

  • The Head Lessor acknowledges receipt of such amount in full satisfaction of the Head Lessee's obligation to pay rent during the Head Lease Term.

  • Notwithstanding anything to the contrary set forth in this Section 3.1, in no event shall the Head Lease Term terminate so long as the Head Lessee's interest under this Head Lease shall be subject to the Lien of the Lease Indenture.

  • The Head Lessee's Centre of Main Interests shall be and remain the jurisdiction in which its registered office is located.

  • If the Head Lessee shall, at its sole expense, assume the defence of any Loss, each Indemnitee shall cooperate with it, at the Head Lessee's expense, in defending and/or mitigating such Loss.

  • During the Head Lease Period and thereafter as required by this Agreement, the Head Lessee shall, at the Head Lessee's expense, procure that insurances are effected and maintained in respect of the Aircraft in form and substance satisfactory to the Lessor and the Relevant Agent.

  • Head Lessee shall claim the cost recovery deductions associated with each Head Lessor Compressor and Head Lessor shall not, unless required by law, take on its tax return a position inconsistent with Head Lessee's claim of such deductions.

  • The Head Lessee agrees that, prior to the expiration or earlier termination of the Facility Lease Term, it shall not assign, transfer or convey the Head Lessee's leasehold interest in the Facility, in whole or in part, except as part of the Head Lessee's transfer of all or part of the Owner Lessor's Interest pursuant to, and as permitted by, the Transaction Documents.

  • In order to secure the Lessor Notes, the Head Lessee will by the Lease Indenture assign and ▇▇▇▇▇ ▇ ▇▇▇▇ to the Lease Indenture Trustee in and to all of the Head Lessee's right, title and interest in, to and under this Head Lease and the Owner Lessor's Interest including its leasehold interest in the Facility, other than Excepted Payments and subject to Excepted Rights.

  • Upon payment in full of the amounts described in the first sentence of this Section 13.2, (a) the Head Lessee's obligations hereunder with respect to the applicable Head Lessor Compressor (other than those expressly stated to survive the termination of this Head Lease) shall terminate, (b) all rights and interests of Head Lessor in such Head Lessor Compressor shall automatically cease and (c) title to such Head Lessor Compressor shall vest in Head Lessee.

Related to Head Lessee(s)

  • Lessees SIGNATURE: DATE:

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Owner/Operator means a requirement applies to the owner and/or operator of a TRU or TRU gen set, as determined by agreement or contract between the parties if the two are separate business entities.

  • Lessors means a lessor under a Superior Lease.

  • Lessor s residual interest" means the lessor's interest in the goods after expiration, termination, or cancellation of the lease contract.