Steam Lease definition

Steam Lease the Lease Agreement, dated as of the Lease Closing Date, between the Partnership, as lessor, and the Steam Host, as lessee, in the form of Exhibit W to the Loan Agreement (including all amendments and clarification letters relating thereto), as the same may thereafter be amended, supplemented or otherwise modified from time to time in accordance with the terms of such agreement and the Loan Agreement.
View Source

Examples of Steam Lease in a sentence

  • Subject to any applicable provisions of the Site Lease, Site Sublease and except as provided in Section 8 of the Facility Lease, all improvements affixed to the Distilled Water Facility and the Distilled Water Facility Premises shall be and remain the property of Lessor from and after the termination of this Steam Lease.

  • During the term of this Steam Lease, the Distilled Water Facility and the Distilled Water Facility Premises shall be used by Lessee as provided in the Facility Lease and the Site Sublease.

  • The Partnership shall not enter into, or be or become liable under, any agreement for the lease, hire or use of any real property or of any personal property, except for (i) the Facility Lease, the Site Lease, the Site Sublease, the Steam Lease and the Easements and (ii) other leases of personal property which are not Capital Leases, the aggregate annual rental under which shall not exceed $150,000 in any fiscal year of the Partnership.

  • At the termination of this Steam Lease, Lessee shall forthwith quit and surrender the Distilled Water Facility and deliver the Distilled Water Facility to Lessor in the same condition, reasonable wear and tear excepted, as on the date hereof.

  • The headings of various Sections and subsections of this Steam Lease are for convenience of reference only and shall not modify, define, expand or limit any of the terms or provisions hereof.

  • Sublessee will not sub- sublease the Site or assign this Site Sublease, except that Sublessee may sub-sublease the Site to Brandywine Water Company pursuant to the Steam Lease.

  • Neither this Steam Lease nor any of the terms hereof may be terminated, amended, supplemented, waived or modified orally, but only by an instrument in writing signed by the party against which enforcement of the termination, amendment, supplement, waiver or modification shall be sought.

  • The Partnership will itself operate the Distilled Water Facility if the Steam Lease is terminated.

  • The terms of this Steam Lease shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

  • Sublessee will not subsublease the Site or assign this Site Sublease, except that Sublessee may sub-sublease the Site to Brandywine Water Company pursuant to the Steam Lease.