Tenant Property. Tenant shall obtain, install, maintain and update all items of furniture, fixtures, supplies and equipment not included as Landlord Personal Property as shall be necessary or reasonably appropriate to operate each Facility in compliance with this Master Lease "TENANT PERSONAL PROPERTY" and with "TENANT INTANGIBLE PROPERTY", "TENANT PROPERTY"). "TENANT INTANGIBLE PROPERTY" means all the following at any time owned by Tenant in connection with its use of any portion of the Premises: Medicare, Medicaid and other accounts and proceeds thereof; rents, profits, income or revenue derived from such operation or use; all documents, chattel paper, instruments, contract rights (including contracts with residents, employees and third-party payors), deposit accounts, general intangibles and choses in action; refunds of any Taxes or Other Charges; licenses and permits necessary or desirable for Tenant's use of any portion of the Premises, including any applicable certificate of need or other similar certificate, and the exclusive right to transfer, move or apply for the foregoing and manage the Business conducted at any portion of the Premises (including the right to apply for permission to reduce the licensed bed complement, take any of the licensed beds out of service or move the beds to a different location); and the right to use, at no cost, expense or royalty, for up to three (3) years following the termination of this Master Lease for any reason other than the expiration of the then Term or the default by Landlord, the names "Clare Bridge," "Wynwood" and "Sterling House" and all reasonable variations and replacements or substitutions thereof.
Appears in 1 contract
Tenant Property. Tenant shall obtain, install, maintain obtain and update install all items of furniture, fixtures, supplies and equipment not included as Landlord Personal Property as shall be necessary or reasonably appropriate to operate each the Facility in compliance with this Master Lease "TENANT PERSONAL PROPERTY" and with "TENANT INTANGIBLE PROPERTY", "TENANT PROPERTY"(“Tenant Personal Property”). "TENANT INTANGIBLE PROPERTY" (Tenant Personal Property and “Tenant Intangible Property” shall be collectively referred to herein as “Tenant Property”.) As used herein, “Tenant Intangible Property” means all the following at any time owned by Tenant in connection with its use of any portion of the PremisesPremises during the Term: Medicare, Medicaid and other accounts and proceeds thereof; rents, profits, income or revenue derived from such operation or use; all documents, chattel paper, instruments, contract rights (including contracts with residents, employees and third-party payors), deposit accounts, general intangibles and choses in action; refunds of any Taxes or Other Charges; licenses and permits necessary or desirable for Tenant's ’s use of any portion of the Premises, including any certified Medicaid beds, any applicable certificate of need or other similar certificate, and and, to the extent permitted by law, the exclusive right to transfer, move or apply for the foregoing and manage the Business conducted at any portion of the Premises (including the right to apply for permission to reduce the licensed bed complement, take any of the licensed beds out of service or move the beds to a different location); and the right to use, at no cost, expense use the name “Quail Ridge” and any other trade or royalty, for up to three (3) years following the termination of this Master Lease for any reason other than the expiration name or logo now or hereafter associated with Tenant’s operation of the then Term Premises (excluding the “Emeritus” or the default by Landlord, the names "Clare Bridge," "Wynwood" “ESC” name or any variation thereof and "Sterling House" and all reasonable variations and replacements any name that now or substitutions thereofhereafter begins with “Loyalton of”).
Appears in 1 contract
Sources: Lease Agreement (Emeritus Corp\wa\)
Tenant Property. Tenant shall obtain, install, maintain obtain and update install all items of furniture, fixtures, supplies and equipment not included as Landlord Personal Property as shall be necessary or reasonably appropriate to operate each the Facility in compliance with this Master Lease ("TENANT PERSONAL PROPERTY" and with "TENANT INTANGIBLE PROPERTY", "TENANT PROPERTYTenant Personal Property"). (Tenant Personal Property and "TENANT INTANGIBLE PROPERTYTenant Intangible Property" shall be collectively referred to herein as "Tenant Property".) As used herein, "Tenant Intangible Property" means all the following at any time owned by Tenant in connection with its use of any portion of the PremisesPremises during the Term: Medicare, Medicaid and other accounts and proceeds thereof; rents, profits, income or revenue derived from such operation or use; all documents, chattel paper, instruments, contract rights (including contracts with residents, employees and third-party payors), deposit accounts, general intangibles and choses in action; refunds of any Taxes or Other Charges; licenses and permits necessary or desirable for Tenant's ’s use of any portion of the Premises, including any certified Medicaid beds, any applicable certificate of need or other similar certificate, and and, to the extent permitted by law, the exclusive right to transfer, move or apply for the foregoing and manage the Business conducted at any portion of the Premises (including the right to apply for permission to reduce the licensed bed complement, take any of the licensed beds out of service or move the beds to a different location); and the right to use, use the name "Manor at no cost, expense Essington" and any other trade or royalty, for up to three (3) years following the termination of this Master Lease for any reason other than the expiration name or logo now or hereafter associated with Tenant’s operation of the then Term Premises (excluding the "Emeritus" or the default by Landlord, the names "Clare Bridge,ESC" name or any variation thereof and any name that now or hereafter begins with "Wynwood" and Loyalton of"Sterling House" and all reasonable variations and replacements or substitutions thereof).
Appears in 1 contract
Sources: Lease (Emeritus Corp\wa\)
Tenant Property. Tenant shall obtain, install, maintain obtain and update install all items of furniture, fixtures, supplies and equipment not included as Landlord Personal Property as shall be necessary or reasonably appropriate to operate each the Facility in compliance with this Master Lease "TENANT PERSONAL PROPERTY" and with "TENANT INTANGIBLE PROPERTY", "TENANT PROPERTY"(“Tenant Personal Property”). "TENANT INTANGIBLE PROPERTY" (Tenant Personal Property and “Tenant Intangible Property” shall be collectively referred to herein as “Tenant Property”.) As used herein, “Tenant Intangible Property” means all the following at any time owned by Tenant in connection with its use of any portion of the PremisesPremises during the Term: Medicare, Medicaid and other accounts and proceeds thereof; rents, profits, income or revenue derived from such operation or use; all documents, chattel paper, instruments, contract rights (including contracts with residents, employees and third-party payors), deposit accounts, general intangibles and choses in action; refunds of any Taxes or Other Charges; licenses and permits necessary or desirable for Tenant's ’s use of any portion of the Premises, including any certified Medicaid beds, any applicable certificate of need or other similar certificate, and and, to the extent permitted by law, the exclusive right to transfer, move or apply for the foregoing and manage the Business conducted at any portion of the Premises (including the right to apply for permission to reduce the licensed bed complement, take any of the licensed beds out of service or move the beds to a different location); and the right to use, at no cost, expense use the name “Richland Gardens” and any other trade or royalty, for up to three (3) years following the termination of this Master Lease for any reason other than the expiration name or logo now or hereafter associated with Tenant’s operation of the then Term Premises (excluding the “Emeritus” or the default by Landlord, the names "Clare Bridge," "Wynwood" “ESC” name or any variation thereof and "Sterling House" and all reasonable variations and replacements any name that now or substitutions thereofhereafter begins with “Loyalton of”).
Appears in 1 contract
Sources: Lease Agreement (Emeritus Corp\wa\)
Tenant Property. Tenant shall obtain, install, maintain obtain and update install all items of furniture, fixtures, supplies and equipment not included as Landlord Personal Property as shall be necessary or reasonably appropriate to operate each Facility the Premises in compliance with this Master Lease ("TENANT PERSONAL PROPERTY" and with "TENANT INTANGIBLE PROPERTY", "TENANT PROPERTYTenant Personal Property"). (Tenant Personal Property and "TENANT INTANGIBLE PROPERTYTenant Intangible Property" shall be collectively referred to herein as "Tenant Property".) As used herein, "Tenant Intangible Property" means all the following at any time owned by Tenant in connection with its use of any portion of the Premises: Medicare, Medicaid and other accounts and proceeds thereof; rents, profits, income or revenue derived from such operation or use; all documents, chattel paper, instruments, contract rights (including contracts with residents, employees and third-party payors), deposit accounts, general intangibles (excluding intellectual property) and choses in action; refunds of any Taxes or Other Charges; licenses and permits necessary or desirable for Tenant's use of any portion of the Premises, including licensed Medicaid beds, any applicable certificate of need or other similar certificate, and the exclusive right to transfer, move or apply for the foregoing and manage the Business conducted at any portion of the Premises (including the right to apply for permission to reduce the licensed bed complement, take any of the licensed beds out of service or move the beds to a different location); and the right to use, at no cost, expense use the names set forth on Schedule 2 and any other trade or royalty, for up to three (3) years following the termination of this Master Lease for any reason other than the expiration name now or hereafter associated with its operation of the then Term Premises (excluding the "Summerville" name or any variation thereof and any other trade names and trademarks that are generally used by Tenant and its Affiliates in connection with the default by Landlord, the names "Clare Bridge," "Wynwood" and "Sterling House" and all reasonable variations and replacements or substitutions thereofoperation of their respective businesses).
Appears in 1 contract
Sources: Master Lease (Emeritus Corp\wa\)