Houston Lease definition

Houston Lease means, in relation to each Houston Property, the lease(s) or sublease(s) or license(s) under which Houston or its applicable Subsidiary holds such Houston Property and any other supplemental document completed prior to the Actual Completion Date.
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Houston Lease means the Lease and Access Agreement (Houston Terminal) dated March 1, 2015, by and between Valero Refining–Texas, L.P., as Lessor, and Valero Partners Houston, LLC, as Lessee, in connection with the land on which the Houston Terminal Assets are located as more particularly described therein.
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Houston Lease means the Sale and Leaseback Agreement between ABB Vetco Xxxx, Inc. and Citicorp Del-Lease Inc. dated as of May 30, 2000 (as amended from time to time) with respect to the property at 00000 X. Xxxxxxx Rosslyn Rd., Houston, Texas.
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Examples of Houston Lease in a sentence

  • On May 4, 2018, the Debtors filed a motion [Docket No. 349] to assume the Houston Lease as amended (the “Lease Assumption Motion”).

  • Milestone Task Date City of Houston Lease Complete November 2020 Initial Design Complete December 2020 Electrical Interconnection Studies Started December 2020 Permit Applications January 2021 Permits & Development Agreement Approved November 2021 Power Sales Complete December 2021 Electrical Interconnection Agreement February 2022 Project Finance Secured March 2022 Commercial Operation December 2022 • ……..

  • Under the amendment to the Houston Lease, the Debtors reduced the square footage from 77,296 to 53,288, and reduced the rent by over $1.0 million per year, for a total savings of $6.9 million.

  • No consent is required under the Lease or the Houston Lease in connection with the Merger.

  • The Company does not lease any real estate other than pursuant to one real estate lease (the "Lease") for its facility in California, and a real estate lease (the "Houston Lease") for its office space in Houston, Texas, both of which Leases are listed on Exhibit C, Leases and Contracts, attached hereto, true and correct copies of which have been made available (including providing a copy thereof to be retained by TSI) to TSI.

  • The Debtors and Houston Landlord are authorized to enter into documentation to evidence the Modified Houston Lease Obligations without further order of the Bankruptcy Court.

  • Each of the Aberdeen Lease and the Houston Lease shall have been terminated without liability to or from any OGP Subsidiary or Asset Seller relating to the OGP Business and all real property rights, titles and interests which were the subject of each such lease shall have been conveyed to the OGP Subsidiary which was the lessee under such lease free from any Encumbrances created by the Aberdeen Lease and the Houston Lease, respectively.

  • The term under the Houston Lease shall expire upon the Rejection Effective Date (the “ Lease Termination Date”) without further action of the Parties, provided that Sungard AS has vacated and surrendered possession of the Houston Leased Premises on or before the Lease Termination Date, the Houston Landlord and Sungard AS having agreed that if the Houston Tenant does not timely vacate the Houston Leased Premises, the provisions of Paragraph 2(l) shall control.

  • Maker shall have the right to withhold and set-off against (a) any amount due hereunder the amount of any claim for an amount due in connection with the Houston Store and Houston Lease to which Maker may be entitled under the Agreement, as provided in Section 10.3 thereof, or (b) any payment made under any Real Property Lease due to or payable on behalf of Payee under any Real Property Lease.

  • Upon Buyer so terminating the Houston Lease, Seller will reimburse Buyer (in addition to the occupancy costs) for all Buyer's out-of-pocket costs incurred in closing the Houston store (including, but not limited to, any required reimbursement of the tenant improvement allowance to the landlord).


More Definitions of Houston Lease

Houston Lease means the lease, dated July 8, 1998, between Edgewood Development, Inc., as lessor, and Trex, as lessee.
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Houston Lease as defined in Section 10.3.
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Houston Lease means the prime lease for store #915 located in Houston, Texas.
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Houston Lease has the meaning set forth in Section 5(a)(xvi) below. “Indebtedness” means (i) all indebtedness for borrowed money or for the deferred purchase price of property or services (including, without limitation, reimbursement and all other obligations with respect to surety bonds, letters of credit and bankers’ acceptances, whether or not matured), including the current portion of such indebtedness, (ii) all obligations evidenced by notes, bonds, debentures or similar instruments, and (iii) all capital lease obligations. “Indemnified Party” has the meaning set forth in Section 8(d) below. “Indemnifying Party” has the meaning set forth in Section 8(d) below. “Intellectual Property” means, with respect to the Business:
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Related to Houston 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.

  • 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.

  • 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.

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

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-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).

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

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

  • 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:

  • 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.

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

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

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

  • 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.

  • Lease Guaranty A guaranty of certain obligations of Tenant under this Lease executed and delivered by each Guarantor substantially in the form of Exhibit G annexed hereto.

  • 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.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

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

  • Operating Lease Expense means the sum of all payments and expenses incurred by a Person, under any operating leases during the period of determination, as determined in accordance with GAAP.

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

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

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • 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.

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