Owner Lease definition

Owner Lease means a lease agreement in form and substance reasonably acceptable to Buyer and Owner, which shall only be effective upon the Closing and containing the following terms:
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Owner Lease means the Lease (OHA to OAHPI) by and between the Housing Authority of the City of Oakland (“Authority” therein) and Oakland Affordable Housing Preservation Initiatives (“Lessee” therein) for a 30 year term, dated May 1, 2010 and recorded in the Official Records of the County of Alameda on June 23, 2010 as Document No. 2010174873, relating to the lease of up to 43 separate residential housing developments as more specifically set forth in the Owner Lease.
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Examples of Owner Lease in a sentence

  • Where applicable an Owner/ Lease Operator or his replacement driver who is actively engaged in another business endeavour he shall be required to provide proof of WCB coverage.

  • For each and every four cent ($0.04) increase to the base fuel cost in any calendar month an Owner/ Lease Operator shall receive an additional one cent ($0.01) per yard for that calendar month.

  • To Seller's Knowledge, no event or condition exists which constitutes or, with the giving of notice or the passage of time or both, will constitute a default by any other party which would be expected to have a Material Adverse Effect (i) as lessor or licensor under any Lease, or (ii) as tenant or sub-tenant under any Owner Lease.

  • If Buyer and Owner do not deliver the executed Owner Lease to Holder before the end of the Due Diligence Period, then provided that Buyer delivers the termination notice required under Section 1.2(a) of this Agreement, this Agreement shall terminate under Section 1.2.

  • Whether or not the building manager is an affiliate of Owner, any lease of the building management office shall be considered as an Owner Lease.

  • Notwithstanding the foregoing or anything in this Article 7 or this Agreement that may be construed to the contrary, neither the delivery of the Participation Letter of Credit, nor the execution and delivery by Owner and Buyer of the Participation Agreement and/or Owner Lease shall be conditions to the respective obligations of Owner and Buyer hereunder to proceed with the Closing.

  • Where any Owner/ Lease Operator or his replacement driver is actively engaged in other business endeavours, this information must be disclosed to the Company..

  • At the Closing, a portion of the Purchase Price equal to seven hundred seventy-four thousand dollars ($774,000) shall be delivered to Buyer and shall thereafter be held by Buyer as the Owner's security deposit under the Owner Lease.

  • No event or condition exists which constitutes or, with the giving of notice or the passage of time or both, will constitute a default by any of the Companies, which would be expected to have a Material Adverse Effect (i) as lessee or licensee under any Lease, or (ii) as landlord or sub-landlord under any Owner Lease.

  • Each such Owner Lease shall contain a form of such landlord/mortgagee's waiver as an exhibit or attachment thereto.

Related to Owner Lease

  • Master Lease This schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CARDIMA, INC. COMDISCO, INC. as Lessee as Lessor By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇ By: ------------------ ------------------------------- Title: Title: --------------- ----------------------------- Date: Date: ---------------- ----------------------------- 18 SLXXXXX-XX EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • 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:

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

  • 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.

  • 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).