Common use of Material Lease Clause in Contracts

Material Lease. all Leases which individually or in the aggregate with respect to the same tenant and its Affiliates (i) cover more than 35,000 square feet of the Improvements or (ii) have a gross annual rent of more than five percent (5%) of the total annual Rents or (iii) demise at least one (1) full floor of the Improvements.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

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Material Lease. all Leases which individually or in the aggregate with respect to the same tenant and its Affiliates (i) cover more than 35,000 21,000 square feet of the Improvements or (ii) have a gross annual rent of more than five ten percent (510%) of the total annual Rents or (iii) demise at least one (1) full floor of the Improvements.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Material Lease. all Leases which individually or in the aggregate with respect to the same tenant and its Affiliates (i) cover more than 35,000 80,000 square feet of the Improvements or (ii) have a gross annual rent of more than five twelve percent (512%) of the total annual Rents or (iii) demise at least one (1) full floor of the ImprovementsRents.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

Material Lease. all Leases which individually or in the aggregate with respect to the same tenant and its Affiliates (i) cover more than 35,000 40,000 square feet of the Improvements or (ii) have a gross annual rent of more than five fifteen percent (515%) of the total annual Rents or (iii) demise at least one (1l) full floor of the Improvements.

Appears in 1 contract

Samples: Loan Agreement (Hines Global REIT, Inc.)

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Material Lease. all Leases which individually or in the aggregate with respect to the same tenant and its Affiliates (i) cover more than 35,000 100,000 square feet of the Improvements or (ii) have a gross annual rent of more than five twelve percent (512%) of the total annual Rents or (iii) demise at least one (1) full floor of the ImprovementsRents.

Appears in 1 contract

Samples: Loan Agreement (Thomas Properties Group Inc)

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