Tenant Subsidiaries definition

Tenant Subsidiaries means, collectively, those Subsidiaries of Parent that are “Tenants” as defined in the Master Lease as in effect on the Original Closing Date and any other Subsidiaries of Parent that become Tenants under the Master Lease and the Subsidiaries of such “Tenants”. For the avoidance of doubt, no Loan Party (whether existing on the Original Closing Date or formed or acquired after the Original Closing Date) may be subsequently designated as a Tenant Subsidiary hereunder.
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Tenant Subsidiaries means all Subsidiaries of the Borrower that are tenant under the Leases. As of the Closing Date the Tenant Subsidiaries are Triple-S Salud, Inc. (formerly Triple-S, Inc.) and Triple-S Propiedad, Inc. (formerly Seguros Triple-S, Inc.)
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Tenant Subsidiaries means Dells Tenant and Sandusky Tenant.
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Examples of Tenant Subsidiaries in a sentence

  • It is further acknowledged and agreed that after giving effect to the Tenant Subsidiary Guarantee Assignment, the ETMC Credit Facility shall no longer receive the benefit of guarantees from the Tenant Subsidiaries.

  • If the Parties are unable to resolve the Dispute within [***] ( [***] ) [***] of receipt of the written notice by the other Party, such dispute will be referred to the Chief Executive Officers of each of the Parties who will meet in person at least once and use their good faith efforts to resolve the Dispute within [***] ( [***] ) [***] after such referral.

  • It is further acknowledged and agreed that after giving effect to the Tenant Subsidiary Guarantee Assignment, the Non-Ventas Purchase Option Term Loans shall no longer receive the benefit of guarantees from the Tenant Subsidiaries.

  • Pursuant to Section 7.12 of the Credit Agreement certain Tenant Subsidiaries are required to deliver a Tenant Joinder Agreement.

  • Notwithstanding anything to the contrary herein, each Lender acknowledges and agrees that upon the consummation of the Ventas Purchase Option and the Ventas Purchase Option Assignment, the Term Loans held by such Lenders shall no longer receive the benefit of any guarantees or Collateral from the Tenant Subsidiaries.

  • To Seller’s Knowledge, the assets of the Tenant Subsidiaries and the Owner Subsidiaries include all assets, rights and interests reasonably required for the continued conduct of the Businesses of the Lodge Resorts through the Closing.

  • The Tenant Subsidiaries were responsible for paying all of the expenses of operating the hotels, including all personnel costs, utility costs, and general repair and maintenance of the hotels.

  • To Seller’s Knowledge, there is no suit, action, proceeding, investigation, complaint or claim pending or threatened against either of the Tenant Subsidiaries or either of the Owner Subsidiaries before any court of other Governmental Body or any arbitral tribunal.

  • To Seller’s Knowledge, neither of the Tenant Subsidiaries is in default, nor has any event occurred which, with the giving of notice or the passage of time or both, would constitute a default, under any Contract or any other obligation owed by either Tenant Subsidiary, and no event has occurred which, with the giving of notice or the passage of time or both, would constitute a default by any other party to any such Contract.

  • The existing management agreements were assigned to the Tenant Subsidiaries upon the execution of the hotel leases for the term of each corresponding hotel lease.