Master Lease Guarantor definition

Master Lease Guarantor means OSI Restaurant Partners, LLC, a Delaware limited liability company.
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Master Lease Guarantor means ACCOR, a French societe anonyme, together with its permitted successors and assigns by merger, consolidation or acquisition of its assets substantially as an entirety.
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Master Lease Guarantor shall have the meaning assigned to such term in the Mortgage Loan Agreement.
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Examples of Master Lease Guarantor in a sentence

  • Master Lease Guarantor and Master Lease Retail Tenant Operating Performance are discussed in the Quarterly Reporting Package for Penney Intermediate Holdings LLC.

  • Without limiting the generality of the foregoing, Indemnitor shall have no obligation to indemnify, defend or hold harmless any Indemnified Party for Losses that result from any such Indemnified Party’s gross negligence or willful misconduct or the acts or omissions of Master Lessee or Master Lease Guarantor (or anyone claiming by, through or under Master Lessee) on or with respect to any Individual Property.

  • Remainderman, Tenant, Seller, Master Lease Guarantor and Residual Value Insurer shall have supplied evidence acceptable to Lender thereof.

  • Lender shall have received confirmation acceptable to it that the long term unsecured debt rating of Master Lease Guarantor is BBB or higher which rating is not subject to any pending downgrade nor is such rating subject to any credit watch.

  • No liability insurance policy maintained by Tenant thereunder shall provide for a deductible or self-insured retention in excess of $250,000, unless either Tenant or Master Lease Guarantor then maintains an Investment Grade Rating and no Lease Event of Default shall have occurred and be continuing, in which event the retention shall not be in excess of $1,000,000.

  • Owner shall have furnished Lender with evidence satisfactory to Lender that Owner, Remainderman, Tenant, Seller, Master Lease Guarantor and Residual Value Insurer are validly formed and existing, and in good standing and duly existing in their respective jurisdictions of organization and, except for Master Lease Guarantor and Residual Value Insurer, in each State in which a Mortgaged Property is located.

  • Furthermore, Owner shall have submitted to Lender certified organizational documents of Owner, Remainderman Tenant, Seller, Master Lease Guarantor and Residual Value Insurer.

  • Such financial statements shall be prepared in accordance with IASC and shall fairly reflect the financial condition of Master Lease Guarantor as of the date made and for the periods covered thereby.

  • There shall have been no material adverse changes in the business or financial condition of Master Lease Guarantor since December 31, 1996.

  • The provisions of this Section 4.6 shall not apply during any period when Tenant or Master Lease Guarantor controls Owner.


More Definitions of Master Lease Guarantor

Master Lease Guarantor means Methodist Health Services Corporation, an Illinois not-for-profit corporation.
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Related to Master Lease Guarantor

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

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

  • 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.

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • 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.

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

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

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

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

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

  • 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.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Sublessor means one who conveys real property by sublease."

  • 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.

  • 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).

  • Permitted Sublessee means the sublessee under a Permitted Sublease.

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

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • Lease Documents has the meaning set forth in the Basic Servicing Agreement; provided that such definition shall refer only to lease documents related to Leases allocated to the 20[●]-[●] Lease SUBI.

  • Head Lease or “Superior Lease” means the document which sets out the promises the Landlord has made to the Superior Landlord. The promises contained in this Head Lease will bind the Tenant if he has prior knowledge of those promises.

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