Subleasehold Estate definition

Subleasehold Estate means: (i) the rights, title, interest, powers, privileges, benefits and options of TowerCo under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site); and (ii) all of the right, title and interest of TowerCo in and to the Sites under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site).
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Subleasehold Estate means a Subtenant’s subleasehold estate, and all of the Subtenant’s rights and privileges under the Sublease, upon and subject to all the terms and conditions of the Sublease.
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Subleasehold Estate means the estate of PFA created by the PFA Sublease upon and subject to all the terms and conditions of the PFA Sublease.
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Examples of Subleasehold Estate in a sentence

  • Notary Public Print Name: My commission expires: EXHIBIT A Borrower’s Sub-leasehold Estate in the Land, Improvements and Fixtures in and upon the real property legally described as follows: Xxxx 0 xxx 0, XXXXXXXX XXXX XXXXXXX, a subdivision in the City of Westwood, Xxxxxxx County, Kansas.

  • A Foreclosure Event shall impair no estate or right under the Fee Estate or the Leasehold Estate, and shall transfer only the Subleasehold Estate.

  • Without Landlord’s consent, at any time and from time to time: (a) any Subleasehold Mortgagee may initiate and complete any Foreclosure Event and exercise any other rights and remedies against the Subtenant and the Subleasehold Estate (but not the Fee Estate or the Leasehold Estate) under its Subleasehold Mortgage; and (c) any transferee through a Foreclosure Event, and its successors and assigns, may assign the subject Sublease.

  • In addition, Purchaser shall pay any commercial rent and occupancy tax payable in respect to the portion of the Purchase Price allocable to the Subleasehold Estate, which shall be payable as and when due.” Section 3.1 of the Agreement defines “Real Property” to include the Hotel Unit and the Sublease.

  • The abrupt, fused, narrow tubular portion above the articulation point of the pedicel (individual flower stalk) is the ‘‘perigone,’’ or ‘‘floral tube’’ of Nesom (2010).

  • In the event any Subleasehold Estate terminates at a time when the Leasehold Estate has terminated, all of the protections afforded to a Leasehold Mortgagee under Section 19 except for those related to a New Lease shall apply to each Subleasehold Mortgagee holding a Subleasehold Mortgage on that Subleasehold Estate, in order of priority.

  • Furthermore, at all times prior to the Lessee’s date of transfer, there shall be no Leasehold Estate transfer, Lessee transfer of Control or Sub-leasehold Estate transfer.

  • Tenant shall use commercially reasonable efforts to avoid the recording of any and all mechanics’ liens against the Land or the Leasehold Estate of Tenant or Subleasehold Estate and shall obtain a lien waiver from the General Contractor upon completion of the Improvement Work, in a form and substance reasonably acceptable to Landlord and in compliance with the requirements of NRS 108.2457.

  • The recording of a mechanic’s lien against title to any part of the Land, the Leasehold Estate of Tenant, any Subleasehold Estate or the Improvements shall be a Tenant Event of Default hereunder if not timely cured as allowed hereunder.

  • Sublessee’s (Subleasehold Estate) Interest, or Maria’s interest is the difference between the current market rent and the rent she pays to John under the terms of the sublease.Current Market Rent $50,000Contract rent paid under the sublease to John $45,000 Maria’s rent advantage $ 5,000 The value of the Subleasehold estate is the present value of the rent advantage of $5,000 for the remaining 25 years of the lease, discounted at a rate that reflects the risk of this position.


More Definitions of Subleasehold Estate

Subleasehold Estate. As defined in the recitals hereof.
Sample 1
Subleasehold Estate means: (i) the rights, title, interest, powers, privileges, benefits and options of ATC under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site); and (ii) all of the right, title and interest of ATC in and to the Sites under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site).
Sample 1
Subleasehold Estate means: (i) the rights, title, interest, powers, privileges, benefits and options of TowerCo under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site); and (ii) all of the right, title and interest of TowerCo in and to the Sites under this Sublease (whether as lessee of an Owned Site or as sublessee of a Leased Site). "Sublessor" means, as to each Site, the SBCW Affiliate that either: (i) owns fee simple title thereto; or (ii) holds a leasehold interest, leasehold estate, easement, license or other possessory interest therein pursuant to a Ground Lease.
Sample 1

Related to Subleasehold Estate

  • Leasehold Estate means Borrower’s interest in the Land and any other real property leased by Borrower pursuant to the Ground Lease, if applicable, including all of the following:

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Leased Properties have the meaning set forth in Section 3.16 herein.

  • Leaseholder means a grantee or a person or other legal entity holding a valid lease or licence of occupation with the federal Crown for the use or occupation of land in Jasper National Park, and shall mean Canadian National Railway in respect of lots or land parcels held by Canadian National Railway, and shall mean Jasper National Park of Canada in respect to lots or land parcels held by the Crown;

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Leasehold Property means any leasehold interest of any Credit Party as lessee under any lease of real property, other than any such leasehold interest designated from time to time by Collateral Agent in its sole discretion as not being required to be included in the Collateral.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold of any Person means all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Leasehold Interests means all of each Borrower’s right, title and interest in and to, and as lessee, of the premises identified on Schedule 4.19(A) hereto.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • 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.

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

  • Real Estate Leases is defined in Section 4.7.

  • Real Property Lease means any lease, sublease, license or other Contract with respect to Real Property.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • the Property means the Property more particularly described in Condition 2 of the Conditions of Sale (as defined in 1.6 below);

  • Subleases means the sublease(s) and other documentation listed in Part [3B] of the Schedule;]

  • Property Owner Association Property means, for each Fiscal Year, any property within the boundaries of IA No. 1 that was owned by a property owner association, including any master or sub-association, as of January 1 of the prior Fiscal Year.

  • Material Leasehold Property means a Leasehold Property which (a) is a retail or super store or distribution center or (b) has been reasonably determined by the Administrative Agent to be of material value as Collateral or of material importance to the operations of the Credit Parties after weighing the value of such property as additional Collateral against the costs and expenses associated with satisfying the requirements of Section 6.13.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • New Leases means, collectively, any lease for space at the Property entered into between the Commencement Date and the Closing Date.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).