Material Tenant definition

Material Tenant means any tenant of all or a portion of the Property under a Material Tenant Lease.

Material Tenant means a tenant occupying more than the greater of (x) 10,000 square feet or (y) ten percent (10%) of the total square feet for the related Mortgaged Property.

Material Tenant means (i) AWS or (ii) any tenant at the 3075 Olcott Property that, together with its affiliates, either (a) leases no less than 25% of the total rentable square footage of the 3075 Olcott Property or (b) accounts for (or would account for) no less than 25% of the total in-place base rent at the 3075 Olcott Property.

Examples of Material Tenant in a sentence

• In the event Tenant, in the normal course of operation of its business deals with the substances which may be considered Hazardous Material, Tenant shall be solely responsible for the proper use and disposal of such Hazardous Material in accordance with all applicable laws, and Tenant hereby agrees to indemnify Landlord with respect to the use and disposal of such Hazardous Materials (both during and after the Term) and shall provide Landlord with sufficient evidence of its compliance with the foregoing.

• Tenant agrees to obey all laws and regulations concerning such Hazardous Materials and agrees to indemnify and hold Landlord harmless from and against all loss, claims, damages, suits (including reasonable attorneys’ fees and costs) in connection with any Hazardous Material Tenant, its agents, employees, sublessees, concessionaires or others shall bring upon or release in the Premises.

• In addition to Tenant’s obligations under the Lease related to Hazardous Material, Tenant, at its sole cost and expense, agrees to cooperate with all inspections, legal requirements and Laws related to Hazardous Materials.

• Perfect Circle Credit Union reserves the right to change their monthly/quarterly drawing prize structure at any time during the year.

• Tenth, during the continuation of a Material Tenant Trigger Event with respect to which a Material Tenant Trigger Event Cure has not occurred, the remaining amount (the “ Material Tenant Trigger Event Excess Cash Flow”) shall be deposited into the Material Tenant Rollover Account in accordance with the terms and conditions of Section 6.13 hereof.

More Definitions of Material Tenant

Material Tenant means any of the following: (i) Deka, (ii) Deutsche Bundesbank, (iii) Franklin Xxxxxxxxx Investment Services GmbH and (iv) any other tenant who has entered into a lease agreement with the Borrower which lease agreement generates or is expected to generate lease rentals in the amount of more than EUR 1,000,000 p.a. “New Shareholders” is defined in Section 1.2. “Operating Account” means the account designated as such in Schedule 14.1.1 – Transaction Accounts. “Parties” is defined in Section 1.3. “Permitted Liabilities” is defined in Section 12.3.1. “Potential Event of Default” is defined in Section 13.6 lit. b). “Projected Interest Service” is defined in Section 15.4. “Projected Net Rental Income” is defined in Section 15.3. “Property” is defined in Section 1.1. “Property Management Agreement” is defined in Section 11.2.2. “Property Manager” is defined in Section 11.2.2. “Property Purchase Agreement” is defined in Section 1.2. 11 “Public Law Contract” means the public law contract dated 26/28 January 2011 between Stadt Frankfurt am Main and the Borrower regarding the implementation of fire protection and safety related measures, as amended by the following amendment agreements: (i) first amendment agreement (1. Nachtrag zum öffentlich-rechtlichen Vertrag) dated 26 August/5 September 2011, (ii) second amendment agreement (2. Nachtrag zum öffentlich-rechtlichen Vertrag) dated 16/22 December 2011 and (iii) third amendment agreement (3. Nachtrag zum öffentlich-rechtlichen Vertrag) dated 17 February 2012 as further amended from time to time. “Rate of Interest” is defined in Section 4.1. “Reference Banks” is defined in Section 4.1. “Reference Bank Rate” is defined in Section 4.1. “Rent Receipt Account” means the account designated as such in Schedule 14.1.1 – Transaction Accounts. “Relevant Date” is defined in Section 6.6. “Repayment Date” is defined in Section 4.4. “Security” is defined in Section 7.1. “Security Document/Security Documents” is defined in Section 7.1. “Security Provider” means any person that has provided security under any of the Security Documents or has subordinated its claims under the Subordination Agreement. “Settlement Agreement” means the settlement agreement (Vergleichsvertrag) between, inter alia, the Borrower and Deka dated 24 May 2011. “Shareholders” is defined in Section 3.1. “Shareholder Structure” is defined in Section 3.1. “SPA” is defined in Section 1.2. “Sponsor” is defined in Section 3.1 and Section 3.2. “Status Report” is defin...

Material Tenant means, with respect to any Property, any Tenant (i) that is a nationally or regionally recognized retail chain (as reasonably determined by Lender) or (ii) whose Lease covers more than 5,000 square feet in the aggregate at such Property.

Material Tenant means Southern California Gas Company, a California corporation, or any successor Tenant under the Material Tenant Lease.

Material Tenant means any of the following: (i) Deka, (ii) Deutsche Bundesbank, (iii) Franklin Texxxxxxx Xnvestment Services GmbH and (iv) any other tenant who has entered into a lease agreement with the Borrower which lease agreement generates or is expected to generate lease rentals in the amount of more than EUR 1,000,000 p.a.

Material Tenant means Polestar Xxxxx Limited, Polestar Holdings Limited, Polestar Xxxxx Bindery Limited, Polestar Magazines & Catalogues Limited, Watmoughs (Holdings) Limited, Polestar Group Limited and any other person that becomes a guarantor under the Occupational Lease dated on or about the date of this Agreement and made between the Borrower and Polestar Xxxxx Limited in accordance with the provisions of such lease provided that this shall not include any person that has been released as guarantor under such Occupational Lease in accordance with its terms with the prior written consent of the Agent (such consent not to be unreasonably withheld).

Material Tenant means the tenant under any Material Lease;

Material Tenant. AND "MAJOR TENANTS" Any Tenant and Tenants, as the context may require, occupying more than 7,500 square feet in any of the Properties or ground leasing any real property at any of the Properties listed in the SELLER DISCLOSURE SCHEDULE;