Master Leases definition
Examples of Master Leases in a sentence
If the Premises is subject to a so-called Master Lease or Earnout arrangement, Manager shall dedicate a staff member to monitor and invoice all of the Master Leases.
From and after the date of this Amendment, each reference in the Existing Master Leases or the other Transaction Documents to the “Lease” or “Master Lease” means, as applicable, the Existing Master Lease or Existing Master Leases as modified by this Amendment.
Landlord hereby expressly reserves the right, at its option and declaration, to place Security Instruments and Master Leases on and against any of the Property or any interest of Landlord therein, superior in effect to this Lease and the estate created hereby.
Lessee may exercise such purchase option by submitting to the Option Sellers in writing an offer to purchase all of the Purchase Sites within the Option Trigger Window in accordance with the terms hereof, provided further, Lessee may only exercise such option if at or about the same time as the exercise by Lessee of its purchase option hereunder, each Additional Master Lease Lessee exercises its respective purchase option pursuant to Section 36 of its respective Additional Master Leases and Sublease.
Other than the Assigned Contracts referred to herein, there are no other leases, master leases, management contracts or other agreements affecting the Purchased Assets or that will be binding on Purchaser or any of its Affiliates by reason of the purchase of the Purchased Assets hereunder, that will not be terminated (or amended, as provided in this Section 3.10(h) with respect to the Master Leases) at or prior to the Closing.