Material Leased Properties definition

Material Leased Properties means all Land leased by the Companies as tenants from time to time which if terminated would result, or would reasonably be expected to result, in an Event of Default or Material Adverse Change, specifically including as at the date of this Agreement the Land described in Schedule 4.01(l) attached hereto.

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Material Leased Properties means all Real Property leased by the Secured Companies as tenants from time to time which the Required Lenders acting reasonably consider to be material, specifically including as at the date of this Agreement the leased Real Property described in Schedule 6.01(k) attached hereto, but excluding Real Property leased solely for office purposes.

Material Leased Properties means all Land leased by the Companies as tenants from time to time which if terminated would result, or would have a reasonable likelihood of resulting, in an Event of Default or Material Adverse Change, specifically including as at the date of this Agreement the Land described in Schedule 8.01(k) attached hereto.

Examples of Material Leased Properties in a sentence

As of the Sixth Amendment Effective Date, Schedule 6.10(b) contains a true, accurate and complete list of all Real Estate Assets and Material Leased Properties of the Credit Parties.
There are no Material Leased Properties other than: (i) as at the Amendment Closing Date, those listed in Schedule 6.01(k) attached hereto; and (ii) after the Amendment Closing Date, additional Material Leased Properties (if any) in respect of which all Security has been provided in favour of the Agent as required pursuant to section 8.01 herein.
Schedule 6.01(k) attached hereto contains a true and complete list of all Material Leased Properties as at the Amendment Closing Date including in respect of each applicable lease the names of the parties, the municipal address and legal description of the Material Leased Property, the rent payable under the lease, the term of the lease and all renewal options, and the existence of any purchase option or right of first refusal in respect of the purchase of the Material Leased Property.
The Companies do not lease any Material Leased Properties other than the Material Leased Properties listed in Schedule 4.01(l).
No Person other than the Group Companies has the right to use the Company Material Leased Properties, except as subleased by the respective Group Company to another Group Company.
As of the Closing Date, other than the Longitudinal Lease Agreement and the Northern Pipeline Real Property Interests, there are no Material Leased Properties.
The Company has not received any written notice of a default under the leases related to the Material Leased Properties, and to the Knowledge of the Company, the landlords under such leases relating to the Material Leased Properties are not in default, except as would not reasonably be expected to have a Company Material Adverse Effect.
All risk of condemnation of the Dealership Properties or Material Leased Properties, or any Improvements thereon the Dealership Properties or Material Leased Properties, and the loss therefrom, prior to the Closing is assumed by the Sellers.
If such damage does occur to the Operating Assets, the Dealership Properties, or the Material Leased Properties (such affected Operating Assets or Dealership Properties, the “Damaged Property”), then the Sellers shall repair same and restore the Damaged Property to its former condition at their sole expense, and the Closing Date may be extended up to 60 days to permit time for such repairs.
To the Knowledge of VEON, (i) there are no pending condemnation proceedings with respect to any of the Company Material Leased Properties, and (ii) the current use of the Company Material Leased Properties does not violate any local planning, zoning or similar land use restrictions of any Governmental Entity in any material respect.

More Definitions of Material Leased Properties

Material Leased Properties means the leases identified on Schedule 4.01.

Material Leased Properties means all Land leased by the Secured Companies as tenants from time to time which the Required Lenders acting reasonably consider to be material, specifically including as at the date of this Agreement the leased Land described in Schedule 6.01(k) attached hereto, but excluding Land leased solely for office purposes and excluding any individual parcel of leased Land in respect of which the annual gross rent is less than Two Million Dollars ($2,000,000).

Material Leased Properties shall have the meaning set forth in Section 4.6(b) (Property).

Material Leased Properties means those Leased Properties listed in Schedule 6.01(l) attached hereto under the heading "Material Leased Properties";

Material Leased Properties means all real properties leased pursuant to the Material Leases.