Acceptable Tenant definition

Acceptable Tenant any Person that (a) has a contract with the Borrower or any of its Subsidiaries to locate wireless transmission antennae on a Tower and (b) either (i) is listed on Annex A or (ii) has been approved in writing by the Administrative Agent.
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Acceptable Tenant any Person that (a) has a contract with the ----------------- Borrower or any of its Subsidiaries to locate wireless transmission antennae on a Tower and (b) either (i) is listed on Annex B or (ii) has been approved in writing by the Required Lenders.
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Acceptable Tenant means a proposed assignee or undertenant (as the case may be) either which has an address for service and assets which are in the reasonable opinion of the Lessors of an appropriate nature and value within the jurisdiction of the English Courts or in respect of which a surety having an address for service and assets which are in the reasonable opinion of the Lessors of an appropriate nature and value within the jurisdiction of the English Courts shall before the relevant assignment or underletting takes place have covenanted with the Lessors in the terms of the Surety's covenant herein contained (mutatis mutandis) or in such other terms as the Lessors shall reasonably require
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Examples of Acceptable Tenant in a sentence

  • In the event the proposed tenant is not deemed an Acceptable Tenant, then the tenant must (i) evidence a minimum of $100,000,000.00 in Tangible Net Worth; (ii) evidence a Maximum Debt to Equity of 3.0; and (iii) such tenant shall be subject to approval from the Bank’s Chief Credit Officer and Chief Lending Officer (each in their sole discretion).

  • To be an acceptable Lease, the tenant must be an Acceptable Tenant.

  • Further, at any given time during the term of the Facility, the maximum amount of Loans outstanding for Properties with Leases to tenants that are not an Acceptable Tenant shall be limited to $5,000,000.00.

  • Notwithstanding the foregoing, Seller shall send each Tenant (other than Tenants leasing space at the Property pursuant to telecom access agreements listed on Schedule A to the Non-Competition Agreement (as hereinafter defined)) an estoppel in the Tenant Estoppel Certificate Form (as hereinafter defined) and use commercially reasonable efforts to obtain an Acceptable Tenant Estoppel executed by each of the Tenants.

  • The Seller Parties shall use reasonable best efforts to obtain Acceptable Tenant Estoppel Certificates from tenants under each Tenant Property Lease.

  • Purchaser’s obligation to close hereunder shall be conditioned upon Unit Seller’s delivery to Purchaser, on or prior to the Closing Date, of Acceptable Tenant Estoppels from Tenants whose Fixed Rents comprise, in the aggregate, at least seventy (70%) of the Fixed Rents, including (x) Pfizer, Inc.

  • Purchaser’s obligation to close hereunder shall be conditioned upon Seller’s delivery to Purchaser, on or prior to the Closing Date, of Acceptable Tenant Estoppels from Tenants whose Fixed Rents comprise, in the aggregate, at least seventy (70%) of the Fixed Rents, including at least two (2) of the three (3) Tenants set forth on Schedule 7.5(i) (the “Minimum Estoppel Requirement”).

  • Lender shall have received an executed tenant estoppel letter, which shall be in form and substance reasonably satisfactory to Lender and not disclosing any breaches of the representations made by each Borrower in Section 4.1.26 or elsewhere in the Loan Documents (each an "Acceptable Tenant Estoppel Letter" and collectively "Acceptable Tenant Estoppel Letters"), from tenants leasing not less than sixty-five percent (65%) of the leased square footage of the applicable Property as of the Closing Date.

  • The acquisition of the Acquired Interests is subject to the condition that, as of the Closing, Purchaser shall have received an Acceptable Tenant Estoppel from the Tenant under the Tenant Lease at the Property (the "Required Tenant Estoppel").

  • In no event will Seller be in default under this Agreement or have any liability to Purchaser if Seller is unable to obtain the Acceptable Tenant Estoppel Letter.


More Definitions of Acceptable Tenant

Acceptable Tenant is a Person (a) that has, or whose Parent Company (as defined below) has, publicly-traded debt that is, as the date of determination, rated BBB or better (or comparably if the rating system has changed) by Standard & Poor’s Rating Group, Mxxxx’x Investors Service, Inc., Fitch Investor Service, Duff & Pxxxxx or any other nationally recognized rating agency or (b) if the debt of such Person or its Parent Company is not publicly traded, that has, or together with its Parent Company and subsidiaries of the Parent Company on a consolidated basis has, net assets, as of the date of determination, of at least $100,000,000, determined in accordance with GAAP. In anticipation of Brandywine Condominium entering into either of such leases subsequent to the Closing Date, the Aspen Merger Consideration has been increased to reflect the value thereof, subject to the following:
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Related to Acceptable Tenant

  • Eligible Tenant means, as of any date of determination, a bona fide third party lessee of a Property who satisfies each of the following criteria:

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • Acceptable Waste means ordinary household, municipal, institutional, commercial and industrial Solid Waste including, but not limited to, the following:

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Ground Lessor means the lessor under the Ground Lease.

  • FHA Approved Mortgagee means a corporation or institution approved as a mortgagee by the FHA under the National Housing Act, as amended from time to time, and applicable FHA Regulations, and eligible to own and service mortgage loans such as the FHA Loans.

  • Acceptable Use Policy means the policy located at xxxx://xxx.xxxxxx.xxx/aup (and any successor or related locations designated by us), as it may be updated by us from time to time.

  • Architect means the person or other entity engaged by the PHA to perform architectural, engineering, design, and other services related to the work as provided for in the contract. When a PHA uses an engineer to act in this capacity, the terms “architect” and “engineer” shall be synonymous. The Architect shall serve as a technical representative of the Contracting Officer. The Architect’s authority is as set forth elsewhere in this contract.

  • Bailee Letter has the meaning assigned to such term in the Custodial Agreement.

  • Estoppel Certificate As defined in Section 23.1(a).

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance reasonably acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Property Manager means an entity that has been retained to perform and carry out at one or more of the Properties property-management services, excluding persons, entities or independent contractors retained or hired to perform facility management or other services or tasks at a particular Property, the costs for which are passed through to and ultimately paid by the tenant at such Property.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Available Tenor means, as of any date of determination and with respect to the then-current Benchmark, as applicable, (x) if the then-current Benchmark is a term rate, any tenor for such Benchmark that is or may be used for determining the length of an Interest Period or (y) otherwise, any payment period for interest calculated with reference to such Benchmark, as applicable, pursuant to this Agreement as of such date.