Phase I Lease definition

Phase I Lease means each lease, now or hereafter existing, between Landlord or any Landlord Affiliate and Sterling, or any successor or assign of Sterling, relating to the 8 assisted living facilities located in Bartlesville, Oklahoma, Midwest City, Oklahoma, Stillwater, Oklahoma, Enid, Oklahoma, S.W. Oklahoma City, Oklahoma, Shawnee, Oklahoma, Chickasha, Oklahoma and Ponca City, Oklahoma, as amended from time to time.

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Phase I Lease means the Lease of even date herewith between Landlord and Tenant, covering the Phase I Building and the Phase I Land.

Phase I Lease means those certain Unexpired Leases with varying terms and durations to which each of the Phase I Locations was subject.

Examples of Phase I Lease in a sentence

In addition, if Tenant has paid Carrying Costs (as that term is defined in Section 6.3 of the Phase I Lease) with respect to any period of time after the date of mutual execution of this Lease, then, within five (5) business days after the mutual execution of this Lease, Landlord will refund to Tenant the amount of such Carrying Costs attributable to the period following the mutual execution of this Lease.
The terms and provisions of Section 2a and 5 of that certain Amendment to Lease Phase I, shall survive the termination of the Phase I Lease.
During the Term hereof and the term of the Phase I Lease (as hereinafter defined), Tenant, as part of Tenant's Work or as an alteration or addition to the Premises after the performance of Tenant's Work, shall have the right to make interconnections between the Building and the Phase I Building, including installation of a covered walkway, electrical connections, utility connections and the like (collectively "Interconnections").
The effectiveness of this Lease and the obligations of Tenant hereunder are subject to the execution and effectiveness of the Phase I Lease by Landlord and Tenant.
Concurrently herewith, Landlord and Tenant have entered into that certain Sixth Amendment to Lease with respect to the Phase I Lease (the “Sixth Amendment”).
In lieu of the amortization originally ----------------------------- contemplated in Exhibit D to the Phase I Lease, Tenant shall pay only one-half (the "New Parking Payment") of the total costs and expenses for construction of ------------------- the New Phase I Parking, which total is estimated at $110,000.00 (including any and all developer or construction management fees payable to Landlord or any other person to the extent allocable to the New Phase I Parking).
If the Phase I Lease Commencement Date shall be the first day of a calendar month, then the day immediately preceding the fifteenth (15th) anniversary of the Phase I Lease Commencement Date; or if the Phase I Lease Commencement Date shall be other than the first day of a calendar month, then the last day of the calendar month in which the fifteenth (15th) anniversary of the Phase I Lease Commencement Date occurs.
Tenant agrees that surplus parking spaces in the Parking Deck over those required for the Premises will be utilized by Tenant, and other tenants in the Phase I Building, to fulfill a portion of the parking requirements under the Phase I Lease.
The effectiveness of this Lease and the obligations of Tenant hereunder are subject to the receipt by Tenant of other incentives and inducements from the State of Michigan and other governmental entities contemplated by Tenant and sufficient in Tenant’s judgment to establish the financial feasibility of Tenant’s relocation to the premises under the Phase I Lease and the Building as its executive headquarters building.
Landlord's consent to any Interconnection pursuant to the terms of this Lease shall also constitute Landlord's consent thereto pursuant to the Phase I Lease so long as Landlord is the landlord pursuant to the Phase I Lease.

More Definitions of Phase I Lease

Phase I Lease. SCHEDULE As of December 17, 1997 [To be provided upon request to the Company.] PHASE II LEASE SCHEDULE As of December 17, 1997 [To be provided upon request to the Company.] Exhibit D C500 CENTRE OPERATING AGREEMENTS SCHEDULE As of December 17, 1997 ------------------------------------------------------------------------------- VENDOR NAME SERVICE EXPIRATION ------------------------------------------------------------------------------- B.P. Services Snow plowing 4/30/98 ▇▇▇▇▇▇▇▇ Landscaping Landscaping 11/30/98 Champion recycling Recycling 30 day's notice Dover Elevator Phase II elevator 90 days (?) Kroschell Engineering Co. HVAC 30 days notice Lakeside Building Maintenance Janitorial At ▇▇▇▇ ▇▇▇▇▇ Security Security guard 5 days' notice U.S. Elevator Phase I elevator 90 days North Shore Waste Control Scavenger 7/1/00 Up 'N ▇▇▇▇ Service & Supply Inc. Restaurant equip. maint. Any time Hobart Dishwasher 5/31/98 Alliance Refrigeration Restaurant refrigeration 30 days notice ATT Automotive Services Auto Lease 12/31/98 Exhibit E TENANT ESTOPPEL FORM Lease Date: Landlord: American National Bank and Trust Company of Chicago, not personally, but as Trustee under Trust ▇▇. ▇▇▇▇▇ [▇▇▇ ▇▇▇▇▇ ▇, ▇▇ ▇▇▇▇▇ for Phase II] Tenant: Premises: Corporate 500 Centre, Building No. _______, _______ Floor Area: _________________________________, Sq. Ft. The undersigned Tenant of the above-referenced lease (the "Lease") hereby ratifies the Lease and certifies to Landlord and Cornerstone Deerfield LLC ("Purchaser") as purchaser of the Real Property of which the premises demised under the Lease (the "Premises") is a part, as follows:

Phase I Lease means only: (i) those leases listed on Exhibit C attached hereto; (ii) a certain lease to Staples, Inc. (the "Staples Lease"), in the form and substance, which has been approved by Purchaser and Seller as evidenced by their approval signatures on the first (1st) page of such form lease, provided such lease has been executed and delivered by both Staples, Inc. and the Seller and a copy of such signed lease has been delivered to Purchaser prior to the date of Closing. No other leases, including, but not limited to a lease to Cost Plus, even if executed prior to the Closing Date shall be treated as a Phase I Lease.

Phase I Lease is defined in Section 1.03(C)(1)(a).