Prime Lease definition

Prime Lease. As defined in the Mortgage Loan Agreement.

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Prime Lease means the lease(s), sublease(s), or other similar prior agreement(s) from which Licensor’s rights in any portion of the Site are derived, and which may contain restrictions on use of the Site.

Prime Lease shall have the meaning set forth in Section 3.14(b).

Examples of Prime Lease in a sentence

• Landlord leases the Premises from Prime Landlord pursuant to the Prime Lease.

• Each party agrees that it will not, by its act or omission to act, cause a default under the Prime Lease.

• This Sublease and all the rights of parties hereunder are subject and subordinate to the Prime Lease.

• In furtherance of the foregoing, the parties hereby confirm, each to the other, that it is not practical in this Sublease agreement to enumerate all of the rights and obligations of the various parties under the Prime Lease and specifically to allocate those rights and obligations in this Sublease agreement.

• Tenant understands that, in order for Landlord to lease and demise the premises to Tenant for the term set forth in Article 1 hereof, Landlord is required to exercise certain options to extend the term of the Prime Lease as therein set forth.

More Definitions of Prime Lease

Prime Lease means that certain Lease Agreement dated as of the date hereof between the Mortgage Borrower, as lessor, and SHR Scottsdale Operating Lessee I, L.L.C. and SHR Scottsdale Operating Lessee II, L.L.C., as co-lessees.

Prime Lease means each of the leases described on Schedule 1; all such ---------- leases are collectively referred to as the "Prime Leases". The parties may, after the date hereof, designate any other lease as a Prime Lease subject to the terms of this Agreement, by replacing Schedule 1 with a new Schedule 1, which describes ---------- such other lease and which is initialed by both parties.

Prime Lease has the meaning ascribed to such term in Section 1(g) of this Agreement.

Prime Lease. “Building”, “Premises”, “Subleased Premises”, “Term”, Base Rent”, and Sublessee’s proportionate share of “Additional Rent” shall apply to each Sublessor and Sublessee in accordance with the corresponding material terms set forth in Exhibit S applicable to such parties’ Subleased Premises.

Prime Lease means the Prime Lease dated as of the date hereof, between the Local Government and VRA, as modified, altered, amended and supplemented in accordance with its terms and the terms of this Agreement.

Prime Lease means the Prime Lease dated as of September [ ], 2018, by and between the County and the Authority, including any amendments or supplements thereto.

Prime Lease means the Prime Lease dated as of March 15, 2024, between the Local Government and VRA, as modified, altered, amended and supplemented in accordance with its terms and the terms of this Agreement.