System Lease definition

System Lease means a financing lease, including a sale-leaseback, between a Lender and Licensee whereby Licensee leases the System from the Lender strictly as a financing arrangement. As set forth in Section 4, the System Lease shall not encumber or constitute a lien in the Facility, the Site, or the Licensed Area.
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System Lease means a lease of an Investment to a third party (which may be an Affiliate of Xxxx) to operate such Investment.
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System Lease means (i) the Second Amended and Restated Master System Lease Agreement, dated as of July 1, 2012, between the Company, as lessor, and Sharyland, as lessee as supplemented by any lease supplement in accordance with Section 9.8(b) of this Agreement and as further supplemented by any other lease supplement entered into by the Company and Sharyland permitted under Section 10.16, (ii) the Amended and Restated Lease Agreement (Xxxxxxx/Xxxxx/Xxxxxxx Assets), dated as of July 1, 2012, between the Company, as lessor, and Sharyland, as lessee as supplemented by any other lease supplement in accordance with Section 9.8(b) of this Agreement and as further supplemented by any other lease supplement entered into by the Company and Sharyland permitted under Section 10.16 and (iii) any and all other leases in connection with the System and the transmission and distribution facilities ancillary thereto.
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Examples of System Lease in a sentence

  • Pledged Facilities Rent from Fuel System Lease with SFO FUEL COMPANY LLCThe Commission entered into a Fuel System Lease dated as of September 1, 1997, as amended, with SFO FUEL COMPANY LLC (SFO Fuel), a special purpose limited liability company formed by certain airlines operating at the Airport.

  • Trustees’ consent to the initial assignment, including a sale and System Lease, is for the purpose of financing the System.

  • Soon after Lazar first became a named plaintiff for Milberg Weiss, Partner A told BERSHAD that Milberg Weiss was to pay Lazar a percentage of the attorneys’ fees that Milberg Weiss obtained in Lazar’s cases, as described in paragraph 6 above.

  • The effect on Medicaid prescription drug costs will depend on terms in the new state master PBM contract.Unemployment Insurance System Lease Rental Payments Section:207.20Section:207.20Requires GRF appropriation item 100412, Unemployment Insurance System Lease Rental Payments, to cover the financing costs for the acquisition, development, implementation, and integration of the Unemployment Insurance System.Same as the Executive.

  • DASCD3 Multi-Agency Radio Communication System Lease Rental Payments Section:207.20Section:207.20Requires GRF appropriation item 100414, MARCS Lease Rental Payments, to cover the financing costs for the acquisition, development, implementation, and integration of the Multi- Agency Radio Communication System (MARCS) upgrade.Same as the Executive.

  • DASCD4 Ohio Administrative Knowledge System Lease Rental Payments Section:207.20Section:207.20Requires GRF appropriation item 100415, OAKS Lease Rental Payments, to cover the financing costs for the acquisition, development, implementation, and integration of the Ohio Administrative Knowledge System (OAKS).Same as the Executive.

  • Licensee may assign its interest in the System, including Licensee’s rights under this SLA, as security for loans or financing of the System including a System Lease with a System Lessor, subject to the requirements of section 4.1 of this SLA.

  • The City also grants to Franchisee the right to use and occupy the City’s conduit system pursuant to the provisions of a Conduit System Lease Agreement in the form of Exhibit A attached hereto (the "Conduit Lease").

  • Consider approval of Computerized System Lease Agreement with Saul’s Creek Engineering, Inc.

  • Electrical Distribution System Lease The City recognizes receipts under a net lease of the electric distribution system.


More Definitions of System Lease

System Lease means the Master System Lease Agreement, dated as of December 31, 2009, between the Company, as lessor, and Sharyland, as lessee, as supplemented by the Lease Supplement or any lease supplement entered into in replacement of such Lease Supplement and as further supplemented by additional lease supplements entered into by the Company and Sharyland, each in accordance with Section 9.8(b).
Sample 1
System Lease means (1) the McAllen Lease, (2) the Xxxxxxx/Xxxxx/Xxxxxxx Lease, (3) upon the effectiveness thereof, the Lease Agreement (ERCOT Transmission Assets), between the Pledgor, as lessor, and SU, as lessee, (4) upon the completion of the FERC Merger, the FERC Lease and (5) any and all other leases and supplements thereto in connection with transmission and distribution and related assets pursuant to which SU is the lessee and either (A) the Pledgor or a Subsidiary of the Pledgor is the lessor or (B) a Subsidiary of SU or another Person Controlled by one or more Xxxx Family Members is the lessor.
Sample 1
System Lease means the Master System Lease Agreement, dated as of December 31, 2009, between SDTS, as lessor, and Sharyland, as lessee, as supplemented by Lease Supplement (Cap Rock Assets), dated as of July 13, 2010, or any lease supplement entered into in replacement of such Lease Supplement and as further supplemented by additional lease supplements entered into by SDTS and Sharyland in accordance with Section 9.8(b) of the SDTS 2010 Note Agreement.
Sample 1
System Lease means the Master System Lease Agreement, dated as of December 31, 2009, between the Pledgor, as lessor, and SU, as amended, modified, supplemented, renewed and replaced from time to time.
Sample 1
System Lease shall have the meaning specified in the Note Purchase Agreement.
Sample 1

Related to System Lease

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • 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.

  • Occupancy Agreement means a written agreement entered into between an assisted living program and a tenant that clearly describes the rights and responsibilities of the assisted living program and a tenant, and other information required by rule. “Occupancy agreement” may include a separate signed lease and signed service agreement.

  • 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.

  • Site Lease or “Lease” means the Site Lease of even date herewith, by and between the District and the Lessor together with any duly authorized and executed amendment thereto under which the District leases the Site to the Lessor.

  • 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 Lease means the lease of the said land to be granted by the Lessor to the Lessee pursuant to clause 2.1;

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Master Lease Agreement has the meaning set forth in Section 7.2(c)(xiv).

  • Covered Building Service Contract means a contract or subcontract to provide Building Services to the City of Cambridge or any of its departments or subdivisions.

  • Equipment Lease means a Contract for the lease of Equipment or for the purchase of Equipment under a conditional sales or title retention agreement.

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

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • 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.

  • Sublease Agreement shall have the meaning specified in Section 8.2(b).

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

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

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

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.