Master Lease Assignment definition
Examples of Master Lease Assignment in a sentence
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 Original Master Lease Assignment, as amended by this Amendment, is hereinafter referred to as the "Master Lease Assignment".
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".
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.
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.
Seller and Buyer shall have obtained the consent of (i) all secured parties under the Permitted Liens to the assignment by Seller and assumption by Buyer of the agreements secured by the Permitted Liens, and (ii) the landlord under the Master Lease to the Master Lease Assignment.
As of the effective date of the GE Master Lease Assignment, Purchaser will indemnify ZD from any liabilities or obligations arising pursuant to the GE Master Lease assigned pursuant to such assignment.
Borrower is the holder of an assignee’s interest of the Rents from Leases pursuant to the Master Lease Assignment of Leases.
An assignment and assumption agreement relating to the Master Lease, in substantially the form attached hereto as Exhibit H and incorporated herein by reference (the "Master Lease Assignment Agreement") duly executed by Seller and acknowledged, whereby Seller assigns to Buyer all of Seller's leasehold interest under the Master Lease and Buyer assumes all of such obligations.
WECC and the Partnership and the Agents and Lessors named therein will execute and deliver the Assignment and Assumption and First Amendment to Participation Agreement, Master Lease Intended as Security and Schedule X dated February 2, 1999 (the "Master Lease Assignment"), among the Partnership and the Parties thereto.