Provident Lessors definition

Provident Lessors shall have the meaning given such term in the recitals hereto.
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Provident Lessors shall be modified to include Westbury Lessor, in addition to those entities already included in the definition of such term. Accordingly, Westbury Lessor shall be a “Provident Lessor” under the Agreement. A revised list of those entities that are “Provident Lessors” is attached hereto as Exhibit A.
Sample 1

Examples of Provident Lessors in a sentence

  • BLC Holdings shall pay and contribute to the applicable Brookdale Lessee(s) and cause such Brookdale Lessee(s) to pay to the applicable Provident Lessor(s), in lawful money of the United States of America which shall be legal tender for the payment of public and private debts, without offset, abatement, demand or deduction, the portion(s) of the Brookdale Rent Payments that are allocable to the applicable Property Lease(s) required hereunder during the Term, except as hereinafter expressly provided.

  • If ALS Holdings is awarded a money judgment against PSLT-ALS Holdings, then ALS Holdings' sole recourse for satisfaction of such judgment shall be limited to execution against PSLT-ALS Holdings' ownership interest in the Provident Lessors.

  • Each of the Provident Lessors has joined into this Agreement for the limited purpose of acknowledging the provisions of Paragraph 3(b) hereof with respect to the right of BLC Holdings to exercise the Renewal Terms and agreeing that any exercise of the applicable Renewal Term(s) by BLC Holdings in accordance with the terms of Paragraph 3(b) hereof shall constitute an exercise by the Brookdale Lessees of such Renewal Term(s) in accordance with the terms of Paragraph 4(b) of the Property Leases.

  • ALS Holdings shall, and shall cause the Alterra Lessees to, reasonably cooperate with PSLT-ALS Holdings and the Provident Lessors, at PSLT-ALS Holdings' and the Provident Lessors' cost and expense, to assist PSLT-ALS Holdings and the Provident Lessors in obtaining Facility Mortgages (including any refinancing of any Existing Facility Mortgage), with respect to the Provident Lessors' fee interests in the Facilities.

  • Each of the Provident Lessors has joined into this Agreement for the limited purpose of acknowledging the provisions of Paragraph 3(b) hereof with respect to the right of ALS Holdings to exercise of the Renewal Terms and agreeing that any exercise of the applicable Renewal Term(s) by ALS Holdings in accordance with the terms of Paragraph 3(b) hereof shall constitute an exercise by the Alterra Lessees of such Renewal Term(s) in accordance with the terms of Paragraph 4(b) of the Property Leases.

  • In the event of such exercise, (1) PSLT-BLC Holdings and BLC Holdings shall enter into such confirmatory documents as may be necessary to effect such renewal of this Agreement, and (2) PSLT-BLC Holdings and BLC Holdings shall cause and direct the Provident Lessors and the Brookdale Lessees, respectively, to enter into such confirmatory documents as may be necessary to effect such renewals.

  • In the event of such exercise, (1) PSLT-ALS Holdings and ALS Holdings shall enter into such confirmatory documents as may be necessary to effect such renewal of this Agreement, and (2) PSLT-ALS Holdings and ALS Holdings shall cause and direct the Provident Lessors and the Alterra Lessees, respectively, to enter into such confirmatory documents as may be necessary to effect such renewals.

  • Subject to BLC Holdings' rights against Provident under Paragraph 5(c) and Paragraph 35(c), if BLC Holdings is awarded a money judgment against PSLT-BLC Holdings, then BLC Holdings' sole recourse for satisfaction of such judgment shall be limited to execution against PSLT-BLC Holdings' ownership interest in the Provident Lessors.

  • PSLT-BLC Holdings is the owner of the beneficial interest in those certain entities listed on Exhibit A attached hereto and made a part hereof (each, a "Provident Lessor" and collectively referred to herein as the "Provident Lessors").

  • PSLT-ALS Holdings is the owner of the beneficial interest in those certain entities listed on Exhibit A attached hereto and made a part hereof (each, a "Provident Lessor" and collectively referred to herein as the "Provident Lessors").

Related to Provident Lessors

  • Asset management means a systematic process of operating and maintaining the state system of

  • Asset Management Agreement means, as the context requires, any agreement entered into between a Series and an Asset Manager pursuant to which such Asset Manager is appointed as manager of the relevant Series Assets, as amended from time to time.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Management Company means the firm overseeing the operation and management of the Participating Property; and shall mean the Grantee in any event wherein the Management Company is required to perform any obligations under this Agreement.

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Keystone means Keystone Underwriting Pty Ltd ABN 78 601 944 763 as Corporate Authorised Representative (No. 000468712) of Keystone Underwriting Australia Pty Ltd ABN 59 634 715 674 AFSL 518224 which is acting on behalf of Underwriters.

  • SLDC means the State Load Dispatch Center as notified by the State Government.

  • Leasing company means that term as defined in 49 USC 14504a.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Anchor means a device, structure, or assembly which stabilizes a Pole and holds it in place. An Anchor assembly may consist of a rod and fixed object or plate, typically embedded in the ground, which is attached to a xxx xxxxxx or guy wire, which, in turn, is attached to the Pole. The term Anchor does not include the xxx xxxxxx which connects the Anchor to the Pole and includes only those Anchors which are owned by AT&T-22STATE, as distinguished from Anchors which are owned and controlled by other persons or entities.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • Asset Manager means the manager of each of the Series Assets as specified in each Series Designation or, its permitted successors or assigns, appointed in accordance with Section 5.10.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Operator means the operator of an internet website, online service, online application, or mobile application with actual knowledge that the site, service, or application is used for K–12 school purposes. Any entity that operates an internet website, online service, online application, or mobile application that has entered into a signed, written agreement with an LEA to provide a service to that LEA shall be considered an “operator” for the purposes of this section.

  • LLC means Limited Liability Company.

  • Management Agent means the property management company which oversees the property management functions for the Apartment Housing and which is on-site at the Apartment Housing. The initial Management Agent shall be Xxxxxxxx Valley Management, Inc.

  • Advent means Advent International Corporation.

  • Provident Fund means any fund (other than a pension fund, benefit fund or retirement annuity fund) which is approved by the Minister in respect of the year of assessment in question: Provided that the Minister may approve a fund subject to such limitations or conditions as he or she may determine, and shall not approve a fund in respect of any year of assessment unless he or she is in respect of that year of assessment satisfied -

  • Property management means leasing or renting, or offering to lease or rent, real property of others for a fee, commission, compensation, or other valuable consideration pursuant to a property management employment contract.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • CLO Asset Manager means, with respect to any Securitization Vehicle that is a CLO, the entity that is responsible for managing or administering the underlying assets of such Securitization Vehicle or, if applicable, the assets of any Intervening Trust Vehicle (including, without limitation, the right to exercise any consent and control rights available to the Directing Holder).