Lease Abstract definition

Lease Abstract means, as to any Lease for a Senior Housing Asset Pool or individual Senior Housing Asset not in a Senior Housing Asset Pool, an abstract of such Lease and Ancillary Agreements in form and substance reasonably acceptable to the Agent, which shall include a reasonably detailed description of the following for such Lease and Ancillary Agreements: (a) all rent payable under such Lease, including a description of Base Rent and other components of rent payable under such Lease, (b) the term (including provisions for extension) of the Lease and any related Ancillary Agreements, (c) capital expenditure provisions, (d) security deposits and other similar deposits required to made by the Lessee, (e) the terms of any Guaranty of such Lease, including without limitation, the identity of the guarantor(s), any collateral security for the obligations of such guarantor(s) and any provisions providing for reduction or release of the obligations of such guarantor(s) thereunder, (f) termination events, (g) the terms of any Ancillary Agreements for the Senior Housing Asset Pool or Senior Housing Asset subject to such Lease, (h) a summary of any restrictions on the Lessor’s ability to sell, encumber, pledge, mortgage or otherwise grant Liens upon the Senior Housing Assets subject to such Lease, (i) restrictions, requirements or other provisions regarding the brand name, trademark or trade name under which the Lessee may operate any Senior Housing Asset subject to such Lease, (j) any materials terms that are unusual in nature or not contained in the majority of the Leases or Ancillary Agreement for the Unencumbered Senior Housing Assets at such time, (k) expenses that are expressly subordinate to rent payments, (l) financial reporting requirements of tenants (including whether tenants are required to be audited annually), (m) financial covenants applicable to the tenants, (n) provisions requiring the tenants to comply with applicable licensing requirements and other health care regulatory requirements and (o) provisions regarding reporting of the results of reviews or investigations by applicable regulatory authorities. “L/C Commitment Amount” equals $50,000,000.
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Lease Abstract means, as to any Lease for a Hotel Pool or individual Hotel not in a Hotel Pool, an abstract of such Lease and Ancillary Agreements in form and substance reasonably acceptable to the Lender, which shall include a reasonably detailed description of the following for such Lease and Ancillary Agreements:
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Lease Abstract means, as to any Lease for a Senior Housing Asset Pool or individual Senior Housing Asset not in a Senior Housing Asset Pool, an abstract of such Lease and Ancillary Agreements in form and substance reasonably acceptable to the Agent, which shall
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Examples of Lease Abstract in a sentence

  • City and ▇▇▇▇▇▇ have signed a Master Hangar Lease Abstract (“the abstract”) which contains individual terms specific to the particular hangar or ground being leased.

  • Section Two Property Overview Actual Location Subject Property Lease Abstract Tenant: Convergys Customer Management Group, Inc.

  • The Tenant may at its cost register a notice of Lease Abstract at the Registry office.

  • Note: Missing Exhibit B — Legal Description of the Property per Lease Abstract done at time of CWH’s acquisition.

  • Sublessee covenants and agrees to pay to Sublessor, on a monthly basis, an additional amount equal to the applicable rent per square foot based on the attached Lease Abstract multiplied by 12,674 square feet including any applicable sales taxes (“Base Rent”) commencing as of the Effective Date.

  • Sublessee covenants and agrees to pay to Sublessor, on a monthly basis, an additional amount equal to the applicable rent per square foot based on the attached Lease Abstract multiplied by 12,674 square feet including any applicable sales taxes ("Base Rent") commencing as of the Effective Date.

  • Number of Locations: 13,320 Credit Rating: S&P: BBB/Stable Stock Symbol: DG Exchange: NYSE YTD Total Revenue: $21.98 Billion YTD Net Income: $1.25 Billion YTD Net Worth: $5.41 Billion Tenant Business: Discount, Variety store Founded: 1939 Headquartered: Goodlettsville, Tennessee Website: ▇▇▇.▇▇.▇▇▇ Earlsboro, Oklahoma Lease Abstract Address: ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇ | ▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Guarantor: Dollar General Corporation Store Number: 48350 Store Type: Free Standing Bldg.

Related to Lease Abstract

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • 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).