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”.

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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 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;

Examples of Restricted Lease in a sentence

• Borrower shall promptly notify Administrative Agent upon Borrower or its Subsidiaries entering into any new lease agreements during the Restricted Lease Period.

• If, following the expiration of the Offer Period, neither Buyer nor any of its Affiliates have so notified Seller of their election to enter into such Restricted Lease Transaction on the terms of the Offer, then the Offeree may consummate the Offer within one hundred twenty (120) days of the end of the Offer Period.

• For the avoidance of doubt, if such Restricted Lease Transaction is not consummated within the one hundred twenty (120)‑day period set forth herein, thereafter any Offeree that receives an Offer shall be required to comply with the procedures set forth herein.

• For the avoidance of doubt, if such Restricted Lease Transaction is not consummated within the one hundred twenty (120) day period set forth herein, thereafter any Offeror that intends to engage in a marketing process for the purpose of entering into, or otherwise seeks to solicit offers to enter into, any subsequent Restricted Lease Transaction shall be required to comply with the procedures set forth herein.

• The Tenant hereby covenants and agrees with the Landlord that it will not, at any time during a Restricted Lease Year, engage in the booking, promotion, production or presentation of any Competitive Events in any building, arena or other performance venue located in the Restricted Territory other than the Amphitheater.

More Definitions of Restricted Lease

Restricted Lease means, as at any date, any lease of property (whether real, personal or mixed) other than Capital Leases.

Restricted Lease as defined in Section 7.3.3.

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 real or personal property other than a capital 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 for real property other than a Capitalized Lease Obligation with an initial lease term (as defined under GAAP) (or a term that is extendable or renewable at either party's option for a total lease term) of three years or more from the date of creation thereof.

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