Common use of Tenant Estoppels Clause in Contracts

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent in an amount equal to or exceeding five percent (5%) of the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding the area leased by those described in clauses (a) and (b), lessees of not less than seventy-five percent (75%) of the remaining gross leasable area of each Collateral Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent in an amount equal to or exceeding five under a Lease occupying more than ten percent (510%) of the Operating Income from gross leaseable area of, or the applicable Collateral Rent under which constitutes ten percent (10%) or more of the Gross Revenues from, any Property occupied by such Tenant and (cb) disregarding from Tenants under other Leases such that the area leased by those described in clauses aggregate of (a) and (b), lessees of ) constitutes not less than seventy-five percent (75%) 80% of the remaining gross leasable leaseable area of each Collateral then occupied pursuant to Leases at the Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent tenant leasing in an amount equal to the aggregate 8,000 square feet or exceeding five percent (5%) more of space at the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding including the area leased by those described in clauses (a) and (b), lessees of not less than seventy-five seventy percent (7570%) of the remaining gross leasable leased area of each Collateral the Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, tenant identified by Lender as an “anchor tenant” of the Property and (b) each Tenant paying base rent in an amount equal to or exceeding five percent (5%) of the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding the area leased by those described in clauses clause (a) and (b), lessees of not less than seventy-five fifty percent (7550%) of the remaining gross leasable area of each Collateral the Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent tenant leasing in an amount equal to the aggregate 20,000 square feet or exceeding five percent (5%) more of space at the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding including the area leased by those described in clauses (a) and (b), lessees of not less than seventy-five percent (75%) of the remaining gross leasable leased area of each Collateral the Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenanttenant identified by Lender as an "anchor tenant" of the Property (i.e., each tenant leasing at least 150,000 square feet of space), and (b) each Tenant paying base rent in an amount equal to or exceeding five percent (5%) of the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding including the area leased by those tenants described in clauses the preceding clause (a) and (b), lessees tenants of not less than seventy-five eighty percent (7580%) of the remaining gross leasable area of each Collateral the Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent in an amount equal to or exceeding five percent (5%) of the Operating Income from the applicable Collateral Property occupied by such Tenant and (c) disregarding the area leased by those described in clauses (a) and (b), lessees of not less than seventy-five percent (75%) of the remaining gross leasable area of each the Collateral Property.

Tenant Estoppels. Lender shall have received an executed tenant estoppel letter, which shall be in form and substance satisfactory to Lender, from (a) each Anchor Tenant, (b) each Tenant paying base rent in an amount equal to or exceeding five under a Lease occupying more than ten percent (510%) of the Operating Income from gross leaseable area of, or the applicable Collateral Rent under which constitutes ten percent (10%) or more of the Gross Revenues from, any Property occupied by such Tenant and (cb) disregarding from Tenants under other Leases such that the area leased by those described in clauses aggregate of (a) and (b), lessees of ) constitutes not less than seventy-five percent (75%) 80% of the remaining gross leasable leaseable area of then occupied pursuant to Leases at each Collateral Individual Property.