Starplex Lease definition

Starplex Lease means that certain Lease dated on or about June 20, 2007, as amended by that certain Commencement Agreement and Amendment to Lease dated as of March 1, 2009 and that certain Landlord’s Exercise of Rights Under The Commencement Agreement and Second Amendment To Lease made as of “March , 2010” between Starplex Operating, LP (now known as Starplex Operating, L.L.C.), as tenant, and Constitution Trail, LLC, Maker’s predecessor-in-interest, as landlord, concerning a portion of the Mortgaged Property. The Premises are more particularly described on Exhibit “A”, and is a part of the shopping center commonly known as Constitution Trail Centre, a multi-use shopping center containing approximately 197,745 square feet of imporrvments on approximately 62.31 acres located at ▇▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, Normal, ▇▇▇▇▇▇ County, Illnois (the “Center”), which Center is more particulary described on Exhibit A-1, of which the Premises are a part.
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Starplex Lease means that certain Lease dated on or about June 20, 2007, as amended by that certain Commencement Agreement and Amendment to Lease dated as of March 1, 2009 and that certain Landlord’s Exercise of Rights Under The Commencement Agreement and Second Amendment To Lease made as of “March , 2010” between Starplex Operating, LP (now known as Starplex Operating, L.L.C.), as tenant, and Constitution Trail, LLC, Maker’s predecessor-in-interest, as landlord, concerning a portion of the Mortgaged Property.
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Examples of Starplex Lease in a sentence

  • Notwithstanding the foregoing, if the ▇▇▇▇▇▇▇ Markets Lease and/or the Starplex Lease remain in full force and effect and such applicable lease is not terminated due to any such condemnation or taking then Noteholder shall permit the condemnation proceeds to be made available for the repair and replacement of the Mortgaged Property if and to the extent that by any such non- terminated lease requires that such proceeds be made available for said purpose.

  • Master Lessee has the right, subject to such Starplex Lease and any Future Tenants under any Future Leases, but not the obligation, to occupy the Premises.

  • The Retained Lots include, without limitation, the Mortgaged Property leased under the ▇▇▇▇▇▇▇ Markets Lease, the Starplex Lease and all other leases of the Mortgaged Property and all Mortgaged Property that is improved.

  • Neither Master Lessor, Master Lessor’s Lender nor any Refinance Lender who succeeds to Master Lessor’s interest in this Lease shall be under any obligation to obtain or collect any such rent (whether termed Minimum Annual Rent , Base Rent, Additional Rent or otherwise) under the Starplex Lease or any Future Lease nor to re-let the Premises upon the expiration or termination of the Existing Lease or any Future Lease.

  • All of Master Lessee’s rights and remedies hereunder are expressly subject and subordinate to the rights and remedies of the tenant under the Starplex Lease and any Future Tenants under any Future Leases.