Secondary Leases definition

Secondary Leases is as defined in the definition of “Properties” above.
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Secondary Leases. All leases, subleases and other rental agreements (written or verbal, now or hereafter in effect), if any, that grant a possessory interest in and to any space in the Leased Property and/or the Hospital Improvements, or that otherwise have rights with regard to the Leased Property and/or the Hospital Improvements, and all Credit Enhancements, if any, held in connection therewith. Security Agreement: That certain Security Agreement to be dated on or about the Commencement Date executed by Tenant to Landlord, pursuant to the terms of which Tenant has granted to Landlord a first lien and security interest in all of Tenant's rights under this Lease and in and to certain of Tenant's Personal Property and to all of the Licenses.
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Secondary Leases means all of the Assumed Leases other than the Primary Leases. If, as of the date scheduled by the parties for Closing or October 31, 2000 (whichever first occurs), a Landlord's Consent has not been obtained with respect to a Primary Lease: (i) this Agreement may be terminated by either party and the transactions contemplated herein abandoned, but not later than the Closing; or (ii) by mutual consent of Purchaser and Seller the transaction may be closed, in which event any Primary Lease for which a Landlord's Consent has not been obtained shall become and for all purposes hereunder deemed a Secondary Lease.
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Examples of Secondary Leases in a sentence

  • Tenant warrants and represents that this Lease and all Secondary Leases are, and at all times during the Term will be, in compliance with all Healthcare Laws.

  • Tenant agrees to execute and cause the Management Company to execute (and cause the tenants to execute, if applicable) a subordination agreement relating to the Management Agreements (and the Secondary Leases), which subordination agreement shall be in such form and content as is acceptable to Landlord.

  • Xxxxxxxxx represents that the Rents and the Secondary Leases have not been heretofore sold, assigned, transferred or set over by any instrument now in force and will not at any time during the life of this assignment be sold, assigned, transferred or set over by Xxxxxxxxx or by any person or persons whomsoever; and Xxxxxxxxx has good right to sell, assign, transfer and set over the same and to grant to and confer upon Mortgagee the rights, interest, powers and authorities herein granted and conferred.

  • Borrower represents that the Rents and the Secondary Leases have not been heretofore sold, assigned, transferred or set over by any instrument now in force and will not at any time during the life of this assignment be sold, assigned, transferred or set over by Borrower or by any person or persons whomsoever; and Borrower has good right to sell, assign, transfer and set over the same and to grant to and confer upon Lender the rights, interest, powers and authorities herein granted and conferred.

  • Mortgagor shall timely pay and perform each of its obligations under or in connection with the Secondary Leases, and shall otherwise pay such sums and take such action as shall be necessary or required in order to maintain each of the Secondary Leases in full force and effect in accordance with its terms.

  • Borrower shall timely pay and perform each of its obligations under or in connection with the Secondary Leases, and shall otherwise pay such sums and take such action as shall be necessary or required in order to maintain each of the Secondary Leases in full force and effect in accordance with its terms.

  • The certificate of even date herewith made by Borrower to Lender concerning Secondary Leases.

  • Mortgagor shall give Mortgagee at any time upon demand any further or additional forms of assignment or transfer of such Rents, Secondary Leases and security as may be reasonably requested by Mortgagee, and shall deliver to Mortgagee executed copies of all such Secondary Leases and security.

  • Borrower hereby unconditionally and absolutely grants, transfers and assigns unto Lender all rents, royalties, issues, profits and income (“Rents”) now or hereafter due or payable for the occupancy or use of the Property, and all Secondary Leases, whether written or oral, with all security therefor, including all guaranties thereof, now or hereafter affecting the Property; reserving unto Borrower, however, a license to collect and retain such Rents prior to the occurrence of any Event of Default.

  • Borrower shall give Lender at any time upon demand any further or additional forms of assignment or transfer of such Rents, Secondary Leases and security as may be reasonably requested by Lender, and shall deliver to Lender executed copies of all such Secondary Leases and security.


More Definitions of Secondary Leases

Secondary Leases. Any and all leases, subleases and other agreements under the terms of which any person other than Mortgagor has or acquires any right to occupy or use the Property, or any part thereof.
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Related to Secondary Leases

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • New Leases means those leases, license agreements and occupancy agreements encumbering any Real Property which are entered into after the Effective Date in accordance with the terms of this Agreement, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Proprietary Lease With respect to any Cooperative Unit, a lease or occupancy agreement between a Cooperative Corporation and a holder of related Cooperative Shares.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Company Leases shall have the meaning set forth in Section 3.12(a).

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Facility Leases means all of the leases of Facilities listed on Schedule 4.6(a).

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Subject Leases means, for any Asset Review, all 2019-B Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Assumed Leases has the meaning set forth in Section 2.1(l).

  • Equipment Leases shall have the meaning set forth in Section 2.1(b) hereof.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Subleases means the Sublease(s) of even date herewith by and between the District and Contractor together with any duly authorized and executed amendment hereto under which the District subleases the Site from the Contractor.

  • Other Leases means, collectively, the Lease Agreements between Landlord, or an Affiliate of Landlord, and Tenant with respect to the properties described on Exhibit B, but excluding any Lease Agreements terminated pursuant to their terms or by mutual agreement of the parties.

  • Real Estate Leases has the meaning set forth in Section 2.1(d)(ii).

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.