Leasing Parameters Sample Clauses

Leasing Parameters. The proposed use shall be a use typically found in retail centers of this type.
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Leasing Parameters. The term
Leasing Parameters. Manager is authorized to charge only rents in excess of ninety percent (90%) of the amounts listed on the initial guidelines attached hereto as Exhibit B, as the same may be modified by Owner from time to time or as otherwise authorized by Owner. Unless otherwise approved by Owner, Tenants must have and the following qualifications: Minimum Monthly Income: 2.25 times monthly rent Job History: Minimum 1 year in same industry Rental History: Minimum 1 year at the same location Dogs with a pet deposit and pet agreement with breed restrictions Clean Eviction record.
Leasing Parameters. Agent shall specify the leasing parameters for each portion of the Available Space, the Renewal Space and the Expansion Space subject to change from time to time at Agent's direction. All leases shall be executed on Agent's standard form, attached hereto as Exhibit "B", with all appropriate Riders and Exhibits attached thereto, or on such other form as the respective Agent on behalf of Landlord may adopt from time to time. When negotiating a lease with a Prospective Tenant, Broker shall not vary from the parameters specified by Agent without the prior express written consent of Agent. In any event, even if a Prospective Tenant has signed a proposed lease complying with the leasing parameters, the lease shall not be effective unless and until the lease has been submitted to Agent's office and has been approved and fully executed on behalf of Landlord. Broker shall clearly explain to each Prospective Tenant that no lease signed by Prospective Tenant shall have any effect until the provisions of this Paragraph 4 have been satisfied.
Leasing Parameters. Notwithstanding anything in the Loan Instruments to the contrary, Lender shall permit Borrower to execute a Lease or Lease modification, including a Lease renewal, without Xxxxxx's prior written consent provided that: (a) no Event of Default has occurred under any of the Loan Instruments, other than an Event of Default as to which Lender, in its sole discretion, has accepted a cure in writing or otherwise waived in writing; (b) the Lease term or the term of the Lease modification or renewal, as applicable, is not more than twelve (12) years and is on the standard form lease approved by Lender with such commercially reasonable modifications and deviations as may be negotiated by Borrower and the applicable lessee (provided that there shall be no material modifications to the mortgagee protection provisions contained in such form lease); (c) the Lease or the Lease modification or renewal, as applicable does not include any purchase option, right of first refusal or right of first offer with respect to a purchase of all or a portion of the Secured Property; (d) the rent is at market terms, including, but not limited to, base rent, reimbursements and tenant improvement costs; (e) the rent shall be not less than (i) $67 gross per square foot with respect to any Lease pertaining to the Office Parcel and (ii) $67 net per square foot with respect to any Lease pertaining to the Retail Parcel; (f) the total rentable square footage of the Lease together with the total rentable square footage of any other Lease at the Secured Property to the applicable tenant and/or its affiliates, initially shall not be more than (i) 20,000 square feet with respect to any Lease pertaining to the Office Parcel and (ii) 4,000 square feet with respect to any Lease pertaining to the Retail Parcel; (g) Xxxxxx receives a certified copy of the fully-executed Lease or the Lease modification or renewal, as applicable, within ten (10) Business Days of it being fully executed; and (h) The Lease contains (i) an obligation for the lessee to automatically attorn to any successor owner following a foreclosure or deed in lieu thereof, which attornment may be conditioned upon an agreement by such successor owner not to disturb the lessee so long as the lessee is not in default under the Lease and (ii) the unilateral right for any mortgagee to subordinate the lien of its security instrument to the Lease.
Leasing Parameters. Each Lease must be on the form submitted to Lender at closing and approved by Lender and must be on market terms.

Related to Leasing Parameters

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