Third Party Leases definition

Third Party Leases means the leases and similar agreements (including all modifications, amendments and supplements thereto) pursuant to which a Seller is a landlord, sublandlord, lessor or sublessor or otherwise grants to a third party the right to use or occupy any Real Property, set forth on Schedule 1.1(ix).

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Third Party Leases means leases for each parcel of Third Party Real Property as more particularly described on Schedule 5.12(a).

Third Party Leases has the meaning set forth in Section 1.1(a)(iii).

Examples of Third Party Leases in a sentence

• To the extent assigned as set forth above, Assignee hereby assumes all of Assignor’s duties and obligations under the Third Party Leases, Licenses and Contracts arising and accruing from and after the date of this Assignment, and Assignee further succeeds to the interests of Assignor under the Third Party Leases, Licenses and Contracts.

• If after the date of this Assignment the Parties discover any additional Third Party Leases, Licenses and Contracts encumbering the Property, each shall reasonably cooperate with the other to assign such agreements consistent with the terms of the Agreement and this Assignment.

• Assignor hereby assigns and transfers to Assignee all of Assignor’s right, title and interest in and to the Third Party Leases, Licenses and Contracts identified in Schedule 1, attached hereto and incorporated herein by this reference.

• The Seller has delivered to the Purchaser true and complete copies of all of the Third Party Leases and of all related options, if any, to purchase the Third Party Real Property.

• Third Party Leases - All third-party leases (including real and personal property) are Allowable Expenses.

More Definitions of Third Party Leases

Third Party Leases means the leases by the Borrower or a Subsidiary Guarantor listed and identified as “Third Party Leases” in Schedule 1.01D hereto.

Third Party Leases means the leases and similar agreements (including all modifications, amendments and supplements thereto) pursuant to which any Seller or any Subsidiary of any Seller is a landlord, sublandlord, lessor or sublessor or otherwise grants to a third party the right to use or occupy any Business Real Property each of which is set forth on Section 1.1(TPL) of the Seller Disclosure Schedule. At the Signing Date, Section 1.1(TPL) shall be as of June 30, 2020, and, within ten (10) Business Days following the Signing Date, Seller Parent shall provide Buyer with an updated version of Section 1.1(TPL) of the Seller Disclosure Schedule as of the Signing Date.

Third Party Leases means (I) all leases, subleases and other agreements or Contracts pursuant to which the Company or any of its Subsidiaries has granted any Person (other than the Company or any of its Subsidiaries) the right to use or occupy any Real Property, including Franchise Leases, and all amendments and modifications thereto and (II) any lease, sublease, guarantee or other agreement under which the Company or any of its Subsidiaries has (A) guaranteed or (B) remains liable for, subsequent to the assignment of such agreement, the obligations of a Franchisee or any other Person.

Third Party Leases shall have the meaning set forth in Section 2.11(e) of this Agreement.

Third Party Leases means, collectively, leases, other than the Master Leases, of long term care facilities, nursing homes, assisted living facilities, independent living facilities, hospice facilities or other healthcare facilities, but not including rehabilitation facilities or medical office buildings, leased and operated by any Borrower, including but not limited to those listed on Schedule 4.16 hereto.

Third Party Leases means lease agreements for tenants, if any, at any of the Properties. “Title Commitments” shall have the meaning set forth in Article III.

Third Party Leases shall have the meaning given to that term in Section 8.4(b)(ix).