Restricted Lease definition

Restricted Lease means any Lease that restricts (pursuant to any or all of the provisions of the Lease itself, the prospectus governing the Lease, a Certificate, a settlement order, a consent decree, or other instrument) the amount of the increase in base rent that the landlord may impose on the tenant under such Lease, and that affects any lot that is listed on the Rent Roll but not identified on the Rent Roll as “market” in the column entitled “lease type” or as “Vacant” in the column entitled “Tenant Name”.
Restricted Lease means any lease of real or personal property other than a lease which would be classified as a capital lease;
Restricted Lease means any Lease that restricts (pursuant to any or all of the provisions of the Lease itself, the prospectus governing the Lease, a certificate, a settlement order, a consent decree, or other instrument) the amount of the rent, increases in base rent, and the limits on pass throughs or pass ons that the Owner may impose on the occupant under such Lease.

Examples of Restricted Lease in a sentence

  • On obtaining each Consent the Restricted Lease shall thereupon automatically become subject to the floating charge created pursuant to Clause 3.1 and the Company shall immediately produce evidence of such Consent to the Security Trustee.

  • Notwithstanding Clause 3.1, unless and until the Company has obtained the consent of the relevant landlord and any other relevant party (each being a Consent) the floating charge granted pursuant to Clause 3.1 shall not extend to the Company’s rights over any Restricted Lease.

  • The Company hereby warrants that it is not a party to any Restricted Lease and that, accordingly, no Consents are required in respect of any of the Charged Assets.

  • For information regarding the Restricted Residential Ground Leases (" Restricted Lease"), please refer to the Restricted Residential Ground Lease document available from Faculty Staff Housing or the Faculty Staff Housing website at fsh.stanford.edu.

  • All Custodial Accounts and Escrow Accounts are maintained in all material respects by Seller or its Subservicer and have been maintained in all material respects in accordance with Accepted Servicing Practices, and will continue to be maintained through and including the Transfer Date.


More Definitions of Restricted Lease

Restricted Lease as defined in Section 7.3.3.
Restricted Lease means any lease to which a Chargor is a party which would be breached, if the consent of the relevant landlord and any other relevant party was not obtained prior to such lease becoming subject to any security interest created pursuant to this Deed;
Restricted Lease means any store lease of the Borrower or any Subsidiary which prohibits the grant by the Borrower or such Subsidiary to the Bank of a security interest in inventory or equipment (including fixtures) located at the property which is the subject of such lease.
Restricted Lease means any lease of any property, but excluding the Leases, by Borrower or such subsidiary as lessee, other than any such lease under which Borrower or such Subsidiary is the lessor.
Restricted Lease means any lease to which the Chargor is a party which would be breached, if the consent of the relevant landlord and any other relevant party was not obtained prior to such lease becoming subject to any security interest created pursuant to this Deed;
Restricted Lease means any lease of real or personal property other than a capital lease.
Restricted Lease means a Laundry Lease which is not assignable or transferable by Seller to Buyer either by its terms or under applicable law without the consent of a third party, other than a Laundry Lease that is cancelable at any time by the lessor under the terms of the Laundry Lease upon no more than 90 days' written notice. The Purchase Price shall be reduced by an amount equal to the excess, if any, of (i) the total number of Machines installed under the Lost Leases set forth on the Lost Lease Schedule as finally determined, multiplied by the Equipment Multiple over (ii) $4,300,000 (such excess, the "LOST LEASE AMOUNT"). For example, if the product of the total number of Machines installed under the Lost Leases multiplied by the Equipment Multiple is $4,400,000, then the Lost Lease Amount shall be $100,000. As promptly as practicable and in any event within ten (10) days after the Lost Lease Schedule is finally determined, Buyer will deliver to Seller by wire transfer pursuant to the Seller Wire Instructions, an amount equal to (a) $3,700,000 minus (b) the Lost Lease Amount. In no event shall the Lost Lease Amount exceed $3,700,000 pursuant to this Section 1.4(b). The methodology for determining the adjustment of the Purchase Price set forth in this Section 1.4(b) is not intended to establish the allocation of the Purchase Price based on the fair market value of the Subject Assets, which the parties agree shall be as provided in SCHEDULE