NYC Leases definition

NYC Leases means the "Leases," as such term is defined in the Assignment of Leases and Rents.
Sample 1
NYC Leases means, collectively: (i) that certain Agreement of Lease dated as of November 29, 2005 between Green Bus Holding Corp., as landlord, and the City of New York, as tenant, as assigned by Green Bus Holding Corp. to 165-25 147th Avenue, LLC by that certain Assignment and Assumption of Lease dated as of June 26, 2007, and (ii) that certain Agreement of Lease dated as of November 29, 2005 between Triboro Coach Holding Corp., as landlord, and the City of New York, as tenant, as assigned by Triboro Coach Holding Corp. to 00-00 00xx Xxxxxx, LLC by that certain Assignment and Assumption of Lease dated as of June 26, 2007, as each of the above-described Agreements of Lease may be hereafter amended with the consent of Lender as provided in Section 5.2.
Sample 1

Examples of NYC Leases in a sentence

  • In the event of any such merger or consolidation or transfer of assets, Company's rights, benefits and obligations hereunder shall be assigned to the surviving or resulting corporation or the transferee of Company assets.

  • All of the NYC Leases are valid and in full force and effect and all other leases that individually or in the aggregate are Material are valid and in full force and effect.

  • Lender shall be entitled to exercise any and all rights of “Mortgagee” afforded to Lender under Article 11 of the NYC Leases and, during the existence of an Event of Default, may (but shall not be obligated to) exercise any and all rights of “landlord” afforded to Borrower under Article 11 of the NYC Leases.

  • Indemnitee acknowledges that Indemnitor, pursuant to the NYC Leases, does not have any operational or management control over the Property, and that there may be activities or conduct or omissions by Tenants or subtenants that may constitute non-compliance with Environmental Laws, and that Tenants or subtenants may have received notice of any such non-compliance and may or may not be involved in the remediation of any applicable conditions, none of which Indemnitor may have any knowledge.

  • Except for the NYC Leases and as otherwise set forth in Schedule 6.18, there are no Material Agreements affecting the Property.

Related to NYC Leases

  • 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.

  • 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.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • 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.

  • Real Estate Leases is defined in Section 4.7.

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

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Material Leases has the meaning set forth in Section 3.7(a).

  • Facility Leases means agreements for the lease by the Company or any of its Subsidiaries or Joint Ventures of real estate utilized as a vehicle parking facility and/or for ancillary parking and transportation services.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Operating Lease Obligations means all obligations for the payment of rent for any real or personal property under leases or agreements to lease, other than Capitalized Lease Obligations.

  • Equipment Leases has the meaning set forth in Section 2.1.9.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Capital Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.

  • Synthetic Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, treated as operating leases on the financial statements of the Person liable (whether contingently or otherwise) for the payment of rent thereunder and which were properly treated as indebtedness for borrowed money for purposes of U.S. federal income taxes, if the lessee in respect thereof is obligated to either purchase for an amount in excess of, or pay upon early termination an amount in excess of, 80% of the residual value of the Property subject to such operating lease upon expiration or early termination of such lease.

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.