Laserfiche WebLink
“Lease" means this lease agreement for the Development Property entered into <br />pursuant to the Development Agreement. <br />"Mortgage" means any mortgage or deed of trust on Tenant’s interest in this <br />Lease, the Development Property and the Improvements permitted under <br />Article 5 of this Lease. <br />"Permitted Encumbrances" means the matters described in Exhibit C. <br />"Rent" means any amounts due from Tenant to Landlord under the terms of <br />this Lease. <br />"Tenant" means Orono Senior Housing. LLC and its permitted assigns. <br />"Tenant’s Equipment" means all movable equipment, furniture and other trade <br />fixtures installed or placed in the Development by or for the account ol Tenant <br />or any occupant of the Development. <br />"Term" means the period of time set out in Section 2.4. <br />"Termination Date" means________.2100. <br />"Unrelated Third Party" means an individual or entity that is not (i) an <br />individual ("Related Individual") who is an owner or officer of Tenant or a <br />Related Company, (ii) any subsidiaiy or parent of Tenant (each of which is a <br />"Related Company"), or (Hi) a general partnership, limited partnership or <br />limited liability partnership ("Related Partnerships") in which a Related <br />Individual or Related Company is a partner, or (iv) a corporation or limited <br />liability corporation in which a Related Individual. Related Company or <br />Related Partnership is an owner, shareholder, officer, member or manager. <br />1.2 Exhibits . The follow ing exhibits are attached to and by this reference <br />made a port of this Lease: <br />(1) <br />(2) <br />"Exhibit A" - Legal Description of the Development Property <br />"Exhibit B" - Permitted Encumbrances <br />-2-