Master Lease Assignment definition

Master Lease Assignment means that certain first priority Assignment of Master Lease and Guaranty, of even date herewith, from Owner, as assignor, to Lender, as assignee, assigning Owner's interest in and to the Leases, the Master Lease Guaranty, the Property Income and in certain other contracts including the Residual Value Policy as collateral security for the repayment of the Indebtedness.
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Examples of Master Lease Assignment in a sentence

  • Before doing so, I deem it useful to devote a short digression to the nature of the measure complained of.

  • Subject to the provisions of the Master Lease Assignment, Owner hereby absolutely and unconditionally assigns and transfers to Lender the Leases, the Master Lease Guaranty, the Granting Clause Documents and the Property Income.

  • In connection with such split and bifurcation, Owner and Lender desire to amend the Original Indenture, the Original Master Lease Assignment and certain other Operative Documents in accordance with the terms of this Amendment, The Original Indenture, as amended by this Amendment, is hereinafter referred to as the "Indenture".

  • On the demand of the farmers and State Governments post-harvest losses due to cyclone were included in the coastal areas only for a period of 2 weeks after the harvest in respect of crops remained in cut and spread for drying in the field.

  • Each Owner hereby notifies Guarantor that each Owner has assigned its rights in and to this Guaranty as a Beneficiary hereunder to Lender pursuant to the Master Lease Assignment and the Indenture.

  • The Note and Owner's obligations hereunder and under the other Loan Documents shall be secured by (a) the Indenture, (b) the Master Lease Assignment and (c) certain other Loan Documents.

  • Remainderman, if any, is the owner of good, marketable and insurable fee simple title to the remainder interest in the Land free and clear of liens and encumbrances except Permitted Encumbrances (other than the Master Lease Assignment and the Sublease which are to be recorded subsequent to this Indenture).

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  • At Closing, ZD and Purchaser or Company as is acceptable to GECC shall enter into the GE Master Lease Assignment with respect to the GE Master Lease, which shall not be effective until the Consent of General Electric Capital Corporation is received as set forth in this paragraph.

  • Borrower is the holder of an assignee’s interest of the Rents from Leases pursuant to the Master Lease Assignment of Leases.

Related to Master Lease Assignment

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

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

  • Master Lease means any master lease now or hereafter entered into, in which the Healthcare Facility is aggregated with other HUD-insured healthcare facilities and leased to a Master Tenant and any amendments or joinders thereto.

  • 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:

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • 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).

  • 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.

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Assignment of Leases and Rents With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar instrument executed by the Obligor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, whether contained in the Mortgage or in a document separate from the Mortgage, in the form that was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter in accordance with the Credit and Collection Policy.

  • Collateral Assignment Agreement has the meaning set forth in Section 9.05.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.

  • 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.

  • 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.

  • term assignment means, in relation to an employee, i. a term assignment within the meaning of the local collective agreement, or ii. where no such definition exists, a term assignment will be defined as twelve (12) days of continuous employment in one assignment

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

  • Insurance Assignment means the valid and effective first legal assignment of the Insurances (together with the notice thereof), to be executed by the Borrower in respect of the Vessel in favour of the Trustee and the Commercial Loan Trustee, such assignment and notice to be in the form and on the terms and conditions required by the Agent, the Hermes Agent and the Commercial Loan Agent and agreed on the signing of the Original Loan Agreement and as specified in paragraph 47 of Schedule 4;

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

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • 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.