Material Leased Property definition

Material Leased Property means all real estate leasehold properties of any Warnaco Entity other than those with respect to which the aggregate rental payments under the term of the lease in any year are less than U.S.$2,000,000.
Material Leased Property. Leased Property or Other Leased Property, or any portion thereof, having a value greater than Fifty Million and No/100 Dollars ($50,000,000.00).
Material Leased Property any real property located in the United States in which a Loan Party or any of their Subsidiaries has a leasehold interest (excluding any such real property that is used primarily for executive and administrative functions of the Loan Parties).

Examples of Material Leased Property in a sentence

  • Group shall provide promptly after the assertion or occurrence thereof, notice of any Environmental Action against or of any noncompliance by any Warnaco Entity with any Environmental Law or Environmental Permit that would reasonably be expected to (i) have a Material Adverse Effect or (ii) cause any Material Real Property or Material Leased Property to be subject to any material restrictions on ownership, occupancy, use or transferability under any Environmental Law.

  • Such landlord waivers and access letters as may be requested by the Administrative Agent with respect to any Material Leased Property (it being understood that no such landlord waiver or access letter shall be required if it is unable to be obtained by the Credit Parties following the use of commercially reasonable efforts).

  • The project represents a reflection on academic programme quality and will be brought before various faculty- specific and institutional structures with the intention of “closing the loop” (i.e. continuous improvement).

  • Group shall provide promptly after the assertion or occurrence thereof, notice of any Environmental Action against or of any noncompliance by any Warnaco Entity with any Environmental Law or Environmental Permit that would reasonably be expected to (i) have a Global Material Adverse Effect or (ii) cause any Material Real Property or Material Leased Property to be subject to any material restrictions on ownership, occupancy, use or transferability under any Environmental Law.

  • 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.


More Definitions of Material Leased Property

Material Leased Property means each quarry, mine, reserve or other site and the improvements thereto in which a Grantor has a leasehold interest and which (a) with respect to any such real property that is acquired by a Grantor after the Closing Date, is expected to generate in excess of $5,000,000 in revenue for the 12-month period commencing on the date the acquisition is consummated or (b) otherwise, has generated in excess of $5,000,000 of the revenue reflected in the last audited financial statements delivered pursuant to Section 5.01(a).
Material Leased Property means any single parcel, or adjacent or related parcels, of real property leased (or similarly held, but excluding any Real Estate Asset) by any Credit Party where assets that constitute, or are intended under this Agreement and the other Credit Documents to constitute, Collateral with an aggregate fair market value (as reasonably determined by the Borrower) amount in excess of $5,000,000 are at any time located.
Material Leased Property means those certain parcels of Leased Property leased by a member of the Seller Group (as tenant) pursuant to the Material Leases.
Material Leased Property shall have the meaning assigned to such term in Section 3.20(b).
Material Leased Property means any real property leased or licensed by any Loan Party that (A) is not a tower site and (B)(i) is the headquarters or principal place of business of any Loan Party or (ii) is a headend site, central office (but not principal place of business), switch site or such other location, in each case with respect to this clause (ii), the loss of which would have a Material Adverse Effect.
Material Leased Property means real property leased by the Borrower or any Subsidiary with respect to which such property lease (i) has more than twelve (12) months remaining in the lease term and (ii) requires the Borrower or any Subsidiary to make lease payments in excess of $500,000 in any year or $1,000,000 in the aggregate over the remaining term of such lease.
Material Leased Property means all real estate leasehold properties of any Loan Party other than those (a) with respect to which the aggregate rental payments under the term of the lease in any year are less than $1,000,000 or (b) that relate to a site the loss of which would not otherwise have a material adverse effect on the production, distribution or sales of Group and its Subsidiaries, taken as a whole, or in any material geographic region where business is conducted at any time by Group and its Subsidiaries.