Leasehold Estate definition

Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:
Leasehold Estate. As defined in Section 17.1(a).
Leasehold Estate means Tenant’s leasehold estate, and all of Tenant’s rights, privileges, and Preemptive Rights, under this Lease, upon and subject to all the terms and conditions of this Lease, and any direct or indirect interest in such leasehold estate.

Examples of Leasehold Estate in a sentence

  • In the event any Mortgagee or its designee becomes the Tenant under this Lease or under any new lease obtained pursuant to Section 8.3, the Mortgagee or its designee shall be personally liable for the obligations of Tenant under this Lease or a new lease only for the period of time that the Mortgagee or its designee remains the actual beneficial holder of the Leasehold Estate hereunder, and only to the extent provided in this Lease or such new lease.

  • The words “include” and “including” shall be construed to be followed by the words: “without limitation.” Each of these terms shall be interpreted as if followed by the words “(or any part of it)” except where the context clearly requires otherwise: Building Equipment; FF&E; Fee Estate; Land; Leasehold Estate; Premises; Structure; and any other similar collective noun.

  • Subject to compliance with Sections 5.4 and 6.1, Tenant may Transfer this Lease or the Leasehold Estate to an Affiliate of Tenant without Landlord’s consent and otherwise with Xxxxxxxx’s prior written consent, not to be unreasonably withheld, delayed or conditioned.

  • There is no existing or, to Landlord’s knowledge, pending or threatened litigation, suit, action, or proceeding before any court or administrative agency affecting Landlord, any constituent entity or individual of Landlord, or the Premises that would, if adversely determined, materially adversely affect Landlord, the Premises, this Lease, or the Leasehold Estate.

  • If the Leasehold Estate and the Fee Estate are ever commonly held, they shall remain separate and distinct estates (and not merge).


More Definitions of Leasehold Estate

Leasehold Estate means a legal estate for a term of years absolute;
Leasehold Estate means the right of possession granted in the Lease for the Lease Term.
Leasehold Estate means the estate in the Property created by each Ground Lease.
Leasehold Estate is defined in Section 17.1.1.
Leasehold Estate means Tenant’s leasehold estate in and to this Lease, including‌ Tenant’s rights, title and interest in and to the Premises and Improvements, or any applicable portion thereof or interest therein.
Leasehold Estate means the possessory interest in Band Land established pursuant to a Lease between a Lessor and a Lessee.