Original Leases definition

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

Original Leases shall have the meaning given such term in the preambles to this Agreement.

Original Leases means the original leases of Target Units between the Assets Sellers and Target Units’ original lessor.

Examples of Original Leases in a sentence

• Notwithstanding the foregoing, the Original Leases shall continue to govern the rights and obligations of the parties with respect to the Leased Property prior to the date of this Agreement.

• Landlord and Tenant acknowledge and agree that this Agreement amends and restates the Original Leases in their entirety with respect to the Leased Property as of the date of this Agreement and that this Agreement shall govern the rights and obligations of the parties with respect to the Leased Property from and after the date of this Agreement.

• On April 23, 2020, the Partnership executed three Amended and Restated Restaurant Absolutely Net Leases to the Original Leases dated January 30, 1989, by and between the Partnership and Wendgusta LLC (“Tenant”, as successor in interest to Wensouth Corporation) with the intent that these Leases will amend, restate and replace the Original Leases.

• On July 21, 2020, the Partnership executed two Amended and Restated Restaurant Absolutely Net Leases to the Original Leases dated January 30, 1989, by and between the Partnership and WendCharles I, LLC (“Tenant”, as successor in interest to Wensouth Corporation) with the intent that these Leases will amend, restate and replace the Original Leases.

• The Transferor shall deliver to the Trustee on the Closing Date a certificate certifying that the computer file or microfiche or written list with respect to the Original Leases described in Section 2.1(d)(ii) has been provided to the Trustee.

More Definitions of Original Leases

Original Leases means the Leases listed on the Original Lease Schedule attached hereto.

Original Leases shall have the meaning set forth in Section 47.

Original Leases shall have the meaning set forth in the Recitals to the Lease.

Original Leases is defined in Section 1.1. “Peer Review” is as defined in Section 11.1. “Percentage Rent” is defined in Section 3.2.

Original Leases means Lease C and Lease D.

Original Leases means, collectively (i) the Master Lease and Security Agreement dated as of May 30, 1997 between the Company, as lessee, and the Original Maryland Lessor, as lessor, and (ii) the Master Lease and Security Agreement dated as of March 19, 1998 between the Company, as lessee, and the Original California Lessor, as lessor, as the same have been amended or otherwise modified through the Funding Date.

Original Leases shall have the meaning set forth in the Recitals to the Lease. Original Pledge Agreement. "Original Pledge Agreement" shall have the meaning set forth in the Recitals to the Lease. Original Security Deposit. "Original Security Deposit" shall have the meaning set forth in the Recitals to the Lease. Participation Agreement. "Participation Agreement" shall mean that certain Participation Agreement dated as of July [ ], 1999, executed by and among Tenant, Landlord, Administrative Agent and Rent Purchasers in the form attached to the Lease as Exhibit C. PBGC. "PBGC" shall mean the Pension Benefit Guaranty Corporation. Percentage Interest. "Percentage Interest" shall mean Landlord's Percentage or Rent Purchasers' Percentage, respectively. Permitted Liens. "Permitted Liens" shall have the meaning set forth in Section 21.21(b) of the Lease. Permitted Title Exceptions. "Permitted Title Exceptions" shall mean the following: (a) the exceptions set forth in each Lease Supplement; (b) any exceptions created or caused by Tenant or to which Tenant consents in writing; (c) taxes and assessments (excluding Landlord's Taxes as defined in Section 8.1 of the Lease) not yet due and payable; (d) the Security Instruments; (e) all title defects, liens, encumbrances, deeds of trust, mortgages, rights-of-way, and restrictive covenants and conditions affecting the Land except to the extent any of the foregoing arise as a result of Landlord's actions or with Landlord's written consent (unless such actions taken or consent given by Landlord are requested in writing by Tenant); and (f) the Lease and all Lease Supplements. Present Value. "Present Value" shall have the meaning set forth in Section 1.9 of the Lease. Portion. "Portion" shall mean a portion of the Lease Investment Balance for which a Landlord Contribution Rate or a Rent Purchasers Contribution Rate is determined. Pricing Grid. "Pricing Grid" shall mean that certain pricing grid attached to the Lease as Exhibit H. Purchase Option. "Purchase Option" shall have the meaning set forth in Section 20.1(a) of the Lease.