New Master Lease definition

New Master Lease. As defined in Section 31.3.
New Master Lease. As defined in Section 40.17. ---------------- -------------
New Master Lease has the meaning ascribed to it in Section 9.2(c).

Examples of New Master Lease in a sentence

  • The amount of worldwide capital and surplus corresponds to the Canadian dollar amount as at the end of the most recent reporting period filed in the home jurisdiction.

  • Under the New Master Lease, HCR III, as lessee, will be obligated to pay, as partial payment of minimum rent for each month, all monthly free cash flow for such month, with the remaining minimum rent for each calendar month to be added to the amount of a new deferred rent obligation.

  • HCR III’s obligations under the New Master Lease shall not be guaranteed, and, on or prior to the seventh day after the Effective Date, QCP shall cause the Lessors and HCR III to terminate, release and discharge the Guaranty pursuant to the Plan Sponsor Agreement.

  • Effective as of the date of execution and delivery of a New Master Lease, this Lease shall be deemed to be amended and restated in its entirety by such New Master Lease; provided, however, that neither Lessee nor any Guarantor shall be released from any of the obligations of the Lessee hereunder or any Guarantor under a Guaranty occurring prior to such date.

  • Notwithstanding anything to the contrary contained in this Section 31.3, Lessor’s right to require Lessee to enter into a New Master Lease is expressly conditioned upon the approval thereof by any Facility Mortgagee hereunder and the facility mortgagee of all or any portion of the Other Leased Property.

  • None of the directors of Sinolink or Enerchina has a material interest in the New Master Lease Agreement.

  • The New Master Lease shall be deemed ------------- to constitute a New Lease and shall be subject to Section 40.15, except that, as ------------- set forth in subsection (a)(xiv) of Section 40.15, clauses (1) and (2) of such ------------- subsection (a)(xiv) shall not apply to such New Master Lease.

  • Accordingly, the New Master Lease Agreement between Enerchina and Sinolink constitutes a continuing connected transaction for both Enerchina and Sinolink under Chapter 14A of the Listing Rules.

  • Ltd., a related corporation of the Manager and the Trust under separate master lease agreements, which are renewed under the terms of the New Master Lease Agreements from 23 August 2022 to 31 December 2042 with an option to extend the lease of each of these properties for a further term of 10 years.

  • Notwithstanding anything to the contrary contained herein, the right under Section 40.17 of each of the Combined Leases ------------- to require Tenant to enter into the New Master Lease may only be exercised once for all of the Combined Leases.


More Definitions of New Master Lease

New Master Lease means the Master Lease, dated as of the date of this Agreement, between the City and the Authority, pursuant to which the City has agreed to lease the Kiel Property to the Authority.

Related to New 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.

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

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

  • 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).

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

  • 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:

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

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

  • 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.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Original Lease shall have the meaning given such term in the recitals to this Agreement.

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • this Lease means the relevant portion of Articles 1 through 29 of this Office Lease to which this Tenant Work Letter is attached as EXHIBIT B and of which this Tenant Work Letter forms a part, and all references in this Tenant Work Letter to sections of "this Tenant Work Letter" shall mean the relevant portion of Sections 1 through 7 of this Tenant Work Letter.

  • the Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • 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.

  • Site Lease means the lease of part of the Site from the Minister for Finance on behalf of the State to the Company;' ;

  • 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.

  • Franchise Agreement or “Agreement” shall mean this Agreement and any amendments or modifications hereto.