Leasehold Property definition

Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral.

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Leasehold Property means any leasehold interest of any Loan Party as lessee under any lease of Real Property.

Leasehold Property means, as of any time of determination, any leasehold interest then owned by any Credit Party in any leased real property.

Examples of Leasehold Property in a sentence

• If insurance proceeds in respect of such Casualty Loss that are available for the costs of repair and restoration of the Fee Property or the Leasehold Property, as applicable, are estimated to be insufficient to cover such costs, or if the Casualty Loss is uninsured, the parties will reduce the Preliminary Allocated Price by the amount of the estimated shortfall in insurance proceeds available for such costs.

• If Company or any of its Subsidiaries acquires any Leasehold Property, Company shall, or shall cause such Subsidiary to, use its best efforts (without requiring Company or such Subsidiary to relinquish any material rights or incur any material obligations or to expend more than a nominal amount of money over and above the reimbursement, if required, of the landlord's out-of-pocket costs, including attorneys fees) to cause such Leasehold Property to be a Conforming Leasehold Interest.

• There currently are not any known Hazardous Materials generated, manufactured, released, stored, buried or deposited over, beneath, in or on (or used in the construction and/or renovation of) the Leasehold Property in violation of applicable Environmental Laws which could have a Material Adverse Effect.

• At all times comply with, and be responsible for, its material obligations under all Environmental Laws applicable to the Real Estate, Leasehold Property and any other Property owned by Borrower or used by Borrower in the operation of Borrower's Paging Business.

• The inability of such Loan Party to obtain a landlord’s consent and/or a Record Document following commercially reasonable efforts to do so, and the concurrent inability of such Loan Party to deliver a Mortgage encumbering such Material Real Estate Asset which is a Leasehold Property shall not be deemed to be a failure to satisfy this Section 5.11(a).

More Definitions of Leasehold Property

Leasehold Property means any leasehold interest of any Borrower as lessee under any lease of real property.

Leasehold Property means each Real Property leased by the U.S. Borrower or any of its Subsidiaries and for which Landlord-Lender Agreements shall be required pursuant to this Agreement.

Leasehold Property any real estate which is the subject of a Lease.

Leasehold Property means any leasehold interest of any of the Company or its Subsidiaries as lessee under any lease of real property, other than any such leasehold interest designated from time to time by the Collateral Agent in its sole discretion as not being required to be included in the Collateral.

Leasehold Property means any leasehold interest of the Borrower or any other Credit Party as lessee under any lease of real property, or any property right pursuant to a lease, easement, servitude or similar agreement, however termed, in each case now held or hereafter acquired.

Leasehold Property means, as to any Person, any leasehold interest of such Person as lessee or tenant under any lease of real property, now held or after acquired.

Leasehold Property means any leasehold or subleasehold interest of any Note Party as lessee or sublessee under any lease or sublease of Real Property.