Master Lease. (a) Each Individual Property shall at all times be leased directly and exclusively by the Mortgage Borrower to the Master Lessee under the Master Lease (and not to any other Person under the Master Lease or any replacement Master Lease). Master Lessee shall be permitted to enter into Subleases subject to and in accordance with Section 8.8.2.
Appears in 7 contracts
Samples: Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc), Mezzanine Loan and Security Agreement (Station Casinos Inc)
Master Lease. (a) Each Individual Property shall at all times be leased directly and exclusively by the Mortgage Borrower to the Master Lessee under the Master Lease (and not to any other Person under the Master Lease or any replacement Master Lease). Master Lessee shall be permitted to enter into Subleases subject to and in accordance with Section 8.8.2.
Appears in 2 contracts
Samples: Loan and Security Agreement (Station Casinos Inc), Loan and Security Agreement (Station Casinos Inc)
Master Lease. (a) Each Individual Property shall at all times be leased directly and exclusively by the Mortgage Borrower to the Master Lessee under the Master Lease (and not to any other Person under the Master Lease or any replacement Master Lease). Master Lessee shall be permitted to enter into Subleases subject to and in accordance with Section 8.8.28.7.2.
Appears in 2 contracts
Samples: Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Toys R Us Inc)
Master Lease. (a) Each Individual Property shall at all times be leased directly and exclusively by the Mortgage Borrower (or in the case of the Maryland Property, Maryland Loan Guarantor) to the Master Lessee under the Master Lease (and not to any other Person under the Master Lease or any replacement Master Lease). Master Lessee shall be permitted to enter into Subleases Leases subject to and in accordance with Section 8.8.28.7.
Appears in 2 contracts
Samples: Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.)
Master Lease. (a) Each Except with respect to Excluded Licenses and leases of Leaseable Building Pads, each Individual Property shall at all times be leased directly and exclusively by the Mortgage Borrower to the Master Lessee or any permitted successor or assign of Master Lessee under the Master Lease (and not to any other Person under in accordance with the Master Lease or any replacement Master Lease)terms hereof. Master Lessee shall be permitted to enter into Subleases subject to and in accordance with Section 8.8.28.8.
Appears in 1 contract
Samples: Loan and Security Agreement (Bloomin' Brands, Inc.)
