Terminated Lease means, as of any date, any Lease Agreement that was terminated by the related Lessee prior to its Maturity Date (and the Lessee is not in default under such Lease Agreement).

Terminated Lease a lease that is terminated prior to its original stated maturity (but not on account of casualty or a Lease default).

Terminated Lease means a Warehouse SUBI Lease that has reached its Lease Maturity Date or Early LeaseTermination Date. Lease.

Examples of Terminated Lease in a sentence

An Issuer may remove a Terminated Lease Property from the Collateral Pool in exchange for the addition of one or more Qualified Substitute Mortgaged Properties to the Collateral Pool pursuant to the provisions of Section 7.01.
With respect to each applicable Property that is part of an Option 2 Terminated Lease, an “Assignment and Assumption of Membership Documents” in form acceptable to the CNL Parties, effectuating the Membership Documents Assignments.
With respect to each Option 2 Terminated Lease, a Lease Termination and a PGMI Guaranty Termination.
With respect to the Option 3 Terminated Leases, written evidence, reasonably satisfactory to the CNL Parties, that no PGMI Party has any right or access to any Reserve account (including, without limitation, any signatory capacity on any Reserve account), and that the Aggregate Reserves Amount related to the Option 3 Terminated Lease have been relinquished to the CNL Parties in its entirety.
With respect to each applicable Property that is a part of an Option 3 Terminated Lease, an “Assignment and Assumption of Membership Documents” in form acceptable to the CNL Parties, effectuating the Membership Documents Assignments.

More Definitions of Terminated Lease

Terminated Lease means any Lease for which the Company enters into a written agreement with the applicable landlord that has the effect of terminating such Lease.

Terminated Lease means any Lease (i) the premises of which Buyer

Terminated Lease means any Lease for which the Debtors enter into a written agreement with the applicable landlord that has the effect of terminating such Lease for cash value paid to the Debtors; provided, that for the avoidance of doubt, Hilco shall not be entitled to any Terminated Lease Fee in connection with a rejection without value (by the Debtors) under section 365 of the Bankruptcy Code.

Terminated Lease means any Lease for which the Company enters into a written agreement with the applicable landlord that has the effect of terminating such Lease for cash value paid to the Company; provided, further, and for the avoidance of doubt, Hilco shall not be entitled to any Terminated Lease Fee in connection with a rejection without value (by the Company) under Section 365 of the Bankruptcy Code (as defined below) if the Company becomes the subject of a bankruptcy proceeding.

Terminated Lease means any Lease (i) the Store of which Buyer or the Company and its Subsidiaries are deprived the possession of as a result of Lease Enforcement Proceedings, but only after (A) a final court order for which all applicable appeal periods have expired or (B) a settlement negotiated by Buyer with Landlord which requires Buyer to vacate such Store, provided that (x) at such time as the aggregate Lease Termination Costs exceed $7,500,000, if the Lease Termination Costs with respect to such Terminated Lease would exceed $400,000 or (y) at such time as the aggregate Lease Termination Costs exceed $10,000,000, if such settlement would result in a liability to Seller pursuant to Section 7.04(d) in excess of $200,000, then, in either case, such settlement shall be subject to the prior approval of Seller, which approval shall not be unreasonably conditioned, delayed or withheld; or (ii) which Seller and Buyer at any time mutually agree in writing is a Terminated Lease.

Terminated Lease has the meaning set forth in Section 3.5(a).