Liquor Lease definition

Liquor Lease means a lease, sublease, grant of use agreement or similar agreement entered into between Holdings or any Subsidiary, as lessee, sublessee or grantee, as applicable, and the owner, lessor, sublessor or grantor of use in respect of a Hotel Real Property, in connection with the sale of alcoholic beverages at such Hotel Real Property.
Sample 1Sample 2
Liquor Lease shall have the meaning set forth in Section 6.3.17.
Sample 1
Liquor Lease means each Lease entered into between the Borrower or any of its Wholly Owned Subsidiaries, in each case as lessor, and the holder of a Liquor License in respect of a Property, in each case in connection with the sale of alcoholic beverages at such Property, in a form customarily used by the Borrower or in such form as may be reasonably acceptable to the Agent (it being understood and agreed that any such form as may be approved by the agent under the Senior Credit Agreement (so long as same is in effect) shall be acceptable for purposes of this Agreement) as any such Lease may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof.
Sample 1

Examples of Liquor Lease in a sentence

  • If Buyer, after diligently pursuing the same, does not obtain the Liquor Licenses by the Closing Date, Buyer shall, and Seller shall cause the holder of the Liquor Licenses to cooperate in good faith to enter into a short-term lease agreement (the "Liquor Lease Agreement") pursuant to which such holder will continue to operate the liquor facilities at the Hotel until a temporary liquor license is issued to Buyer.

  • The rent payable to Seller under the "Liquor Lease" identified on Schedule 1 to the Assignment and Assumption of Liquor-Related Agreements has not been modified from the amount stated therein.


More Definitions of Liquor Lease

Liquor Lease means each Lease entered into between the Borrower or any of its Wholly Owned Subsidiaries, in each case as lessor, and the holder of a Liquor License in respect of a Property, in each case in connection with the sale of alcoholic beverages at such Property, substantially in the form approved by the Agent on or before the Closing Date or in such form as may be reasonably acceptable to the Agent as any such Lease may be amended, restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof.
Sample 1

Related to Liquor Lease

  • 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).

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Site Lease means the lease of part of the Site from the Minister for Finance on behalf of the State to the Company;' ;

  • Superior Lease means the document which sets out the obligations your Landlord has made to their Superior Landlord. The promises contained in this Superior Lease will bind the Tenant if they have prior knowledge of those promises.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Operating Lease means, as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee which is not a Capital Lease.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Hotel means any establishment used for the purpose of temporary, overnight lodging for which a fee is paid and reservations are required.

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • Open space land means (a) any land area so designated by an

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space in a structure, land, improvements or premises for any period of time.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

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

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.