Affiliated Tenants definition

Affiliated Tenants means the tenants (either Tenant or an Affiliate or Affiliates of Tenant) under the Other Leases.
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Affiliated Tenants means persons or entities controlled and owned, directly or Indirectly, thirty-five percent (35%) or more by Borrower, any direct or indirect parent of Borrower, or any guarantor. Borrower, any Affiliated Tenant and Guarantor are hereinafter sometimes referred to individually as a “Loan Party” and collectively as the “Loan Parties.”
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Affiliated Tenants means tenants defined as "Tenants" or the “Tenant” in the Preliminary Transaction Documents.
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Examples of Affiliated Tenants in a sentence

  • As of the Closing Date and as of the Funding Date, there are no Affiliated Tenants at the Property.

  • An Event of Default by Tenant or Landlord, or any Affiliated Lessors or Affiliated Tenants, under any of the Other Leases or the Agreement To Lease, shall constitute an Event of Default under this Lease.

  • On the Effective Date, Tenant and Affiliated Tenants shall establish a segregated account in the aggregate amount of FIVE MILLION AND NO/100 DOLLARS ($5,000,000.00) in their names (the “Restricted Operating Expense Account”), in a bank designated by Tenant and Affiliated Tenants and approved by Landlord.

  • Xxxx Xxxxxxx & Associates and their Affiliated Companies will be assigned all the reserved underground parking spaces (except for any spaces that have been previously reserved for NON Xxxx Xxxxxxx & Associates and Affiliated Tenants).

  • In the event that the Trailing 3 Year Lease Coverage Test is not satisfied, Tenant and Affiliated Tenants shall, within thirty (30) days following receipt or written notice from Landlord or any Affiliated Landlord, increase the Aggregate Lease Security Deposit by the amount of $3,000,000, in which event the Aggregate Lease Security Deposit shall not exceed $28,000,000.

  • For each Fiscal Year throughout the Term except for Fiscal Year 2008, Tenant and Affiliated Tenants shall be required to maintain a Lease Coverage of at least 1.2 during each Fiscal Year, which Lease Coverage shall be tested as of the last business day of each Fiscal Year during the Term (the “Yearly Lease Coverage Test”).

  • In the event the Minimum Net Worth Requirement is not satisfied as of the Effective Date or as of any Minimum Net Worth Test Date, Tenant and Affiliated Tenants shall, so long as the then Aggregate Lease Security Deposit does not equal or exceed the Aggregate Lease Security Deposit Cap, within thirty (30) days following receipt of written notice from Landlord or any Affiliated Landlord, increase the Aggregate Lease Security Deposit to an amount equal to $20,000,000.

  • Tenant and Affiliated Tenants shall not use the funds in the Restricted Operating Expense Account for any purpose other than the payment of Rent and/or Operating Expenses with respect to the Leased Property and the Business under this Lease and the Affiliated Leases unless and until clauses (A), (B) and (C) of Section 20.7 above have been satisfied by the Capital Raise Deadline.

  • Tenant agrees that the aggregate Net Worth of Tenant and Affiliated Tenants shall be required to equal or exceed (i) $15,000,000, as of the Effective Date and through Fiscal Year 2008, and (ii) $20,000,000, commencing the first day of Fiscal Year 2009 and throughout the remainder of the Term (in either case, the “Minimum Net Worth Requirement”).

  • In the event that the requirements of clauses (a) and (b) of Section 20.7 above have been satisfied by the Capital Raise Deadline, Tenant and Affiliated Tenants may apply any and all funds then remaining in the Restricted Operating Expense Account to their obligation under Section 20.7 above to increase the Aggregate Lease Security Deposit by $5,000,000.


More Definitions of Affiliated Tenants

Affiliated Tenants means, individually or collectively, as the context requires, (i) the Darien Lake Tenant, (ii) the Waterworld Tenant, (iii) the Elitch Gardens Tenant, (iv) the Splashtown Tenant, (v) the Frontier City Tenant, and (vi) the White Water Bay Tenant.
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Affiliated Tenants means, individually or collectively as the context requires, the tenants under each of the Affiliated Leases.
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Related to Affiliated Tenants

  • Outside Areas means all areas within the Property which are located outside the buildings, such as pedestrian walkways, parking areas, landscaped areas, open areas and enclosed trash disposal areas.

  • Qualified Tenants means any tenants who have incomes of 60% or less of the area median gross income, as adjusted for family size, so as to make the Project eligible for LIHTC.

  • Building Common Areas means with respect to the Tower, the areas, facilities and amenities specified in Schedule [E] which are to be used and enjoyed in common with all the other Apartment Acquirers of the Units in the Building; and

  • Tenant Parties means Tenant, any affiliate of Tenant, any permitted subtenant or any other permitted occupant of the Premises, and each of their respective direct or indirect partners, officers, shareholders, directors, members, trustees, beneficiaries, servants, employees, principals, contractors, licensees, agents, invitees or representatives.

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Common Areas is defined as all areas and facilities outside the Premises and within the exterior boundary line of the Project and interior utility raceways and installations within the Unit that are provided and designated by the Lessor from time to time for the general non-exclusive use of Lessor, Lessee and other tenants of the Project and their respective employees, suppliers, shippers, customers, contractors and invitees, including parking areas, loading and unloading areas, trash areas, roadways, walkways, driveways and landscaped areas.

  • Shopping Center means the Shopping Center identified on the initial page hereof.

  • Franchise Area means the area within the jurisdictional boundaries of the City, including any areas annexed by the City during the term of this Franchise.

  • Permitted Uses means a use, listed in a permitted use table, that shall be approved with or without conditions provided the requirements and regulations of Zoning By-law No. 4404, as amended, are satisfied;

  • Common Area means all areas and facilities within the Project that are not designated by Landlord for the exclusive use of Tenant or any other lessee or other occupant of the Project, including the parking areas, access and perimeter roads, pedestrian sidewalks, landscaped areas, trash enclosures, recreation areas and the like.

  • Common Areas and Facilities means collectively the Development Common Areas and Facilities and the Residential Common Areas and Facilities and all those parts and such of the facilities of the Development designated as common areas and facilities in any Sub-Deed;

  • Usable space means all the space on a pole, except the portion below ground level, the 20 feet of safety clearance space above ground level, and the safety clearance space between communications and power circuits. There is a rebuttable presumption that six feet of a pole are buried below ground level.

  • Permitted Use , in relation to a property, means the limited purposes for which the property may be used in terms of –

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

  • Areas means such areas within the DAS Areas that are identified in Annexure A annexed to this Agreement;

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.