Operator Lease definition

Operator Lease means a lease by [Borrower OR Master Tenant] to Operator providing for the operation of the Healthcare Facility.

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Operator Lease means the following documents, true and correct copies of which are attached hereto as Exhibit B: [Identify the Operator Lease and all supplements, documents and modifications thereto, and assignments thereof];

Operator Lease means a lease by Borrower or Master Tenant (if, at the time, the Healthcare Facility is included in a Master Lease), to Operator providing for the operation of the Healthcare Facility.

Examples of Operator Lease in a sentence

• Operator operates the Healthcare Facility, pursuant to that certain [title of Operator Lease or other agreement with Borrower], as now or hereafter amended, and/or renewed or extended (the “Borrower-Operator Agreement”)] [IF THERE IS A MASTER LEASE, USE THE FOLLOWING: Borrower has leased the Healthcare Facility to ____________________ (“Master Tenant”) pursuant to that certain [Name of Master ▇▇▇▇▇], dated as of __________, as amended from time to time (“Master Lease”).

• Operator operates the Healthcare Facility, pursuant to that certain [title of Operator Lease or other agreement with Borrower], as now or hereafter amended, and/or renewed or extended (the “Borrower-Operator Agreement”)] [IF THERE IS A MASTER LEASE, USE THE FOLLOWING: Borrower has leased the Healthcare Facility to __ __ (“Master Tenant”) pursuant to that certain [Name of Master Lease], dated as of __ __, as amended from time to time (“Master Lease”).

• To the extent that any provision of the Operator Lease shall be in conflict with Program Obligations (as such term is defined below), Program Obligations shall be controlling.

• The parties to the Operator Lease agree to execute and deliver to Lender and/or HUD such other instrument or instruments as Lender and/or HUD, or their respective successors or assigns, shall reasonably request to effect and/or confirm the subordination of the Operator Lease to the lien of the Borrower’s Security Instrument and the Regulatory Agreements.

• Lessee hereby agrees that it will not exercise any right granted it under the Operator Lease, or which it might otherwise have under applicable law, to terminate the Operator Lease on account of a default of Lessor thereunder or the occurrence of any other event without first giving to Lender prior written notice of its intent to terminate, which notice shall include a statement of the default or event on which such intent to terminate is based.

More Definitions of Operator Lease

Operator Lease means a lease by Master Tenant to Operator providing for the operation of the Healthcare Facility.

Operator Lease means that certain Lease dated on or about the -------------- Closing Date between the Borrower and the Operator for the lease of all of the Facility, together with any guarantees, supplements, amendments, modifications, extensions and renewals of the same, and all additional remainders, reversions, and other rights and estates appurtenant thereto.

Operator Lease means any lease now or hereafter entered into by Borrower and Operator, or any sublease now or hereafter entered into by any Master Tenant Sublessor and Operator providing for the operation of the Healthcare Facility.

Operator Lease means a lease by [Borrower OR Master Tenant] to Operator providing for the

Operator Lease means, with respect to each Leased Facility, that certain operator lease between the Borrower and the relevant Operator for the lease of all or a part of such Leased Facility, together with any guarantees, supplements, amendments, modifications, extensions and renewals of the same, and all additional remainders, reversions, and other rights and estates appurtenant thereto and "Operator Leases" means all such instruments, collectively.

Operator Lease means, with respect to each Leased Facility, that certain operator lease between the Borrower and the relevant Operator for the lease of all or a part of such Leased Facility and, with respect to the Facility located in Florida, the lease between Borrower and the Parent for the lease of all or a part of such Facility, together with any guarantees, supplements, amendments, modifications, extensions and renewals of the same, and all additional remainders, reversions, and other rights and estates appurtenant thereto and "Operator Leases" means all such instruments, collectively.

Operator Lease means a lease by Borrower to Operator providing for the operation of the Healthcare Facility. "Operator's Regulatory Agreement" means that certain Healthcare Regulatory Agreement - Operator relating to the Project and entered into by Operator for the benefit of HUD.