Approved Lessee definition

Approved Lessee means (i) a Taxable REIT Subsidiary of the U.S. Borrower or (ii) another lessee under an Operating Lease, which lessee must be approved by the Administrative Agent (such approval not to be unreasonably withheld) unless either such Operating Lease relates to Hotel Properties accounting, individually or with other leases of such lessee, for less than 10% of the Consolidated EBITDA of the U.S. Borrower or such lessee is a Permitted Facility Manager.
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Approved Lessee means any Equipment Lessee, or the parent company of such Equipment Lessee, which has a rating of “BBB-“ or “Baa3” long term or better or “A-1” or “P-1” short term or better, by Standard & Poor’s and Xxxxx’x Investor Services, respectively, or that are otherwise approved in writing by the Administrative Agent in its sole and absolute discretion. The list of Approved Lessees as approved by Administrative Agent in its sole and absolute discretion as stated above is contained in Schedule B hereto, as the same may be modified from time to time by the Administrative Agent.
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Approved Lessee means any person that is listed in Part A of Schedule 5 (Leasing Criteria), subject to the provisions of Part C of Schedule 5 (Leasing Criteria). Approved Maintenance Programme has the meaning ascribed thereto (or to any similar or analogous term) in the Lease Agreement. Approved Sale Conditions has the meaning ascribed thereto in paragraph 9(b) of Schedule 4 (Aircraft Covenants).
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Examples of Approved Lessee in a sentence

  • Line construction shares as stipulated in Section 3 shall be refunded to the Owner of the property at the time the Sharing becomes available, EXCEPT where payment for construction has been made by an Approved Lessee, in which case refund shall be made to the lease holder, and EXCEPT where property is held as a Life Estate, refund shall be made to that Person(s) making payment for construction.

  • Where in GET’s reasonable opinion, it has identified a candidate purchaser or candidate lessee for the Vessels, GET must promptly apply to the CMA for a decision on whether or not the candidate purchaser or candidate lessee is an Approved Purchaser, or as the case may be, an Approved Lessee.

  • Approved Lessee shall submit plans and designs for the system to the State Property Office and State Construction Office, NC Department of Administration for review and approval prior to making any improvements or alterations to the leased premises.

  • Approved (Lessee) Drawing(s) of Planned Renovations, as applicable.26.27.

  • The Borrower will not use, and will not permit any Approved Lessee to use, any Railcar for the carriage or transportation of Hazardous Materials.

  • Be authorized for admittance by the Unit Owner or Approved Lessee.

  • Lessee also has been advised to access any of the above- mentioned guidelines, as well as the Tenant Improvement Form at xxx.xxxxxxxxxx.xxx.) Agreed and Acknowledged: Approved: Lessee Date Airport Director Date Lessee acknowledges that the hazardous activities allowed in the hangar building are predicated on the availability of two exits.

  • The Borrower will maintain, or shall require the applicable Approved Lessee to maintain, all records, logs and other materials required by relevant industry standards or any governmental authority having jurisdiction over the Railcars required to be maintained in respect of any Railcar as required as of the applicable Closing Date and required under any subsequent regulation or ruling.

  • For a locally compact, non-compact set X and for an L1-predual E, we give a complete description of the extreme points and denting points of the dual unit ball of C0(X, E), equipped with the diameter norm.


More Definitions of Approved Lessee

Approved Lessee means (a) Bunge North America, Inc. (“Bunge”), (b) West Central Cooperative (“West Central”), (c) a Person the Equity Interests of which are owned by Bunge, West Central and an affiliate of USRG Management Company, LLC (“USRG”), USRG Power and Biofuels Fund II (“USRG II”) or USRG Power and Biofuels Fund III (“USRG III,” and together with USRG and USRG II, the “USRG Parties”), or (d) a Person reasonably satisfactory to the Senior Secured Parties the Equity Interests of which are owned by a USRG Party.
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Approved Lessee means a Lessee of a Borrower which satisfies each and every one of the conditions described on SCHEDULE 1.2(A), as determined by Agent, or any such other Lessee of a Borrower specifically approved in writing by Agent.
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Approved Lessee means (i) SLC or a Subsidiary thereof, as lessee under an Operating Lease, or (ii) another lessee under an Operating Lease approved by the Administrative Agent and the Required Banks.
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Approved Lessee means: Schlumberger Technology Corporation; ExxonMobil Chemical, a Division of ExxonMobil Corporation; SSAB Enterprises, LLC; Argos Cement LLC; and Badger Mining Corporation; and their successors and assigns (subject to the prior consent of the Administrative Agent); and (with notice to the Administrative Agent) a Person having a senior secured credit rating or whose lease obligations are guaranteed by a Person having a senior secured credit rating of BB or higher by Standard & Poor’s Ratings Group, BB or higher by Fitch Ratings, Inc., or Ba2 or higher by Xxxxx’x Investor Service; and a Person approved by the Required Lenders.
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Approved Lessee means: Schlumberger Technology Corporation; ExxonMobil Chemical, a Division of ExxonMobil Corporation; SSAB Enterprises, LLC; Argos Cement LLC; and Badger Mining Corporation; and their successors and assigns (subject to the prior consent of the Administrative Agent); and (with notice to the Administrative Agent) a Person having a senior secured credit rating or whose lease obligations are guaranteed by a Person having a senior secured credit rating of BB or higher by Standard & Poor’s Ratings Group, BB or higher by Fitch Ratings, Inc., or Ba2 or higher by Moody’s Investor Service; and a Person approved by the Required Lenders.
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Approved Lessee means (i) Crestline or a Subsidiary thereof, as lessee under an Operating Lease, (ii) a Taxable REIT Subsidiary or (iii) another lessee under an Operating Lease approved by the Administrative Agent and the Required Banks (which approval shall not be unreasonably withheld).
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Related to Approved Lessee

  • 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.

  • Permitted Lessee means any Person to whom Company is permitted to lease the Airframe or any Engine pursuant to Section 7.02(a) of the Indenture and is a party to a Lease.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Approved Lender is defined in Section 12.1.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • 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.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • FHA Approved Mortgagee A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans.

  • Franchisor means a person who grants a franchise or master franchise, or an affiliate of such a person. Franchisor includes a subfranchisor with regard to its relationship with a franchisee, unless stated otherwise in this section.

  • Approved Location means (a) a storage terminal or facility located in the United States or Canada owned by the Borrower or a Subsidiary; or (b) other storage location located in the United States or Canada identified by the Borrower by notice to the Administrative Agent for which, if requested by the Administrative Agent, the Borrower has used commercially reasonable efforts to cause the owner, operator or landlord thereof to execute and deliver, a waiver of lien, subordination agreement or similar agreement in form and substance reasonably acceptable to the Administrative Agent with respect to any inventories of Petroleum Products stored at such terminal or facility.

  • Approved List means Securities followed by the Global Fundamental Research Group and tracked on the Approved List. Securities may be added, removed, or undergo periodic ratings changes.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Franchisee means a person to whom a franchise is granted. Franchisee includes the following:

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • VA Approved Lender means a lender which is approved by the VA to act as a lender in connection with the origination of VA Loans.

  • Sub-Lessee means a lease/license by a Lessee of part or all of leased space to another person.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • approved facility means any private practice, hospital, clinic or other health facility in Namibia defined in section 1 of the Hospitals and Health Facilities Act, 1994 (Act No. 36 of 1994), approved by the Council for the purpose of the training of hearing aid acoustics interns, and “facility” has a corresponding meaning;

  • Franchise Area means the present legal boundaries of the City as of the Effective Date, and shall also include any additions thereto, by annexation or other legal means as provided in this Agreement.

  • approved person means, in respect of a member (Member) of the Investment Industry Regulatory Organization of Canada (IIROC), an individual who is a partner, director, officer, employee or agent of a Member who is approved by IIROC or another Canadian SRO to perform any function required under any IIROC or other Canadian SRO by-law, rule, or policy;

  • Operating Lessee means, with respect to a Hotel Property, the Subsidiary of the Parent Guarantor that leases such Hotel Property from a Subsidiary of the Parent Guarantor that is the owner or ground lessee of such Hotel Property.

  • Permitted Sublessee means the sublessee under a Permitted Sublease.

  • Approved Contractor means an “Approved Contractor” specified in the Key Details.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.