Lease Property definition

Lease Property means any Group A Property or Group B Property, and the term “Lease Properties” shall mean, collectively, the Group A Properties and the Group B Properties.
Lease Property means each Real Property that satisfies all of the following requirements: (a) such Real Property is owned in fee simple solely by the Borrower or any of its Subsidiaries, (b) such Real Property is leased to another Person solely by the Borrower or any of its Subsidiaries, as lessor, pursuant to a long-term lease that is subject to customary market terms and conditions at the time such lease is executed; and (c) such Real Property has been designated by the Borrower as a “Lease Property” on Schedule 4.21(a) or on a Compliance Certificate delivered by the Borrower to the Administrative Agent pursuant to Section 6.2.
Lease Property means each Real Property that satisfies all of the following requirements: (a) such Real Property is owned in fee simple solely by the Company or any of its Subsidiaries, (b) such Real Property is leased to another Person solely by the Company or any of its Subsidiaries, as lessor, pursuant to a long-term lease that is subject to customary market terms and conditions at the time such lease is executed; and (c) such Real Property has been designated by the Company as a “Lease Property” on Schedule 5.21(a) or on a Compliance Certificate delivered by the Company to the holders of the Notes pursuant to Section 9.2.

Examples of Lease Property in a sentence

  • Covenant Not to Consolidate, Merge, Convey, Transfer or Lease Property Except under Certain Conditions.

  • Payment Gateway:The bidder shall have to login to MSTC portal to access the site for Port Lease Property KoPT.In turn, an e-payment link will enable the bidder to submit the EMD and tender fee for a particular tender while accessing the portal for participation in the Tender.

  • The Promoter is Lend Lease Property Management Australia Pty Ltd of Level 14, Tower Three, International Towers Sydney, Exchange Place, 300 Barangaroo Avenue, Barangaroo, NSW, Sydney 2000 ( Lendlease).

  • Lease Property, and of Colony Lender’s 15% interest, with the price unstated and payment deferred until after Unit Owners approve a plan of termination of the condominium, a judicial valuation proceeding is concluded, and a funding source obtained.

  • Lease Property to the sales prices for the 15% and 5% interests that were traded in 2011.


More Definitions of Lease Property

Lease Property means the Lease, the Assigned Contracts, the Aircraft, and all income, deductions, credits and other benefits to which an owner of property would be entitled to as lessor under the Lease, and owner of the Aircraft, including without limitation, all rental payments under the Lease and Assigned Contracts, the right to possession of the Aircraft, and all proceeds upon the sale or re-lease of the Aircraft.
Lease Property. With respect to any Note, has the meaning specified in Appendix A of the related Participation Agreement.
Lease Property means that portion of the BART Station Property that BART may leasehas leased to the Authority and the Authority willhas in turn leaseleased to the Developer as contemplated by this Agreement; the precise location of the Lease Property will be determined pursuant to this Agreement and may include air rights, underground or similarly vertically limited parcels and easement rights over other portions of the BART Station Propertyare more particularly described in the Authority Lease.
Lease Property means each Real Property that satisfies all of the following requirements: (a) such Real Property is owned in fee simple solely by the Company or any of its Subsidiaries, (b) such Real Property is leased to another Person solely by the Company or any of its Subsidiaries, as lessor, pursuant to a long-term lease that is subject to customary market terms and conditions at the time such lease is executed; and (c) such Real Property has been designated by the Company as a
Lease Property means each of the properties to be leased by Buyer located near St. Albans and Fairmont, West Virginia, respectively.
Lease Property has the meaning specified in Section 3.2(l)(ii).
Lease Property means, as applicable, the Billerica, MA property and the Anaheim, CA property and which is listed as "lease" property in column 2 of Part 5 of this Schedule 12.