Material Leases definition

Material Leases has the meaning set forth in Section 4.21.

Material Leases has the meaning set forth in Section 3.7(a).

Material Leases means all Leases related to the Wind Project (i) the loss of which would result in a reduction in production of the Wind Project or in its ability to deliver energy to the point of interconnection or would otherwise result in a Material Adverse Effect, or (ii) that are otherwise material to the operations of the Wind Project.

Examples of Material Leases in a sentence

• The current net annual rent payable by the Company (or any of their respective Subsidiaries) in respect to all leases that are not included as Material Leases does not exceed $50,000 in the aggregate.

• Except as set forth on Schedule 4.08, all --------------- ------------- of the Material Leases are legal, valid and binding upon Sellers and, assuming that such Material Leases are legal, valid and binding upon the respective lessor thereunder, are in full force and effect.

• This Joinder including, without limitation, the Material Leases Paragraph shall survive Closing and shall be governed, construed, applied and enforced in accordance with the laws of the State in which the Property is located and applicable laws of the United States of America.

• If the consent to such assignments shall not be obtained and if Buyer elects to waive this condition to Closing, Sellers shall cooperate with Buyer in any reasonable arrangement designed to provide for Buyer the benefits intended to be assigned to Buyer under the Material Leases, including enforcement at Sellers' cost and for the account of Buyer of any and all rights of Seller against the other parties thereto arising out of the breach or cancellation thereof by such other party or otherwise.

• The representation and warranty contained in subsection (b) above shall be referred to herein as the “Material Leases Paragraph”, Borrower further agrees that it shall be subject to full personal liability to Seller for the amount of any loss, damage, cost, expense, liability, claim or other obligation incurred by Seller arising out of or in connection with any fraud or misrepresentation by Borrower in this Joinder, including, without limitation, in the Material Leases Paragraph.

More Definitions of Material Leases

Material Leases shall have the meaning set forth in Section 3.9 herein.

Material Leases shall have the meaning provided in Section 5.05.

Material Leases shall have the meaning provided in Section 6.9.

Material Leases means (a) the leases listed on Schedule 5.19 and (b) any lease with respect to real property, other than office space, leased by a Loan Party, in each case requiring aggregate annual rental payments in excess of $5,000,000.

Material Leases means all Leases related to the Project (i) the loss of which would result in a reduction in production of the Project or in its ability to deliver energy to the point of interconnection or would otherwise result in a Material Adverse Effect, or (ii) that are otherwise material to the operations of the Project.

Material Leases means, collectively, all leases which (a) involve an aggregate annual expenditure by the Company of $5,000 or more, (b) are not cancelable by the Company without cost on 60 days or less notice, or (c) have a term which extends for more than one year from the Closing and "Material Lease" means each of the Material Leases, individually.

Material Leases means the leases relating to the Material Leased Properties.