Examples of Anchor Leases in a sentence
Use of economic (market) rent instead of contract rents reflects a Jurisdictional Exception under USPAP that is necessary to comply with Michigan law.”12 Five comparable Anchor Leases were considered.
Subject to Section 5.4(ii) hereof, Borrower shall pay all Common Charges and all fees, assessments and charges assessed pursuant to the Anchor Leases against Borrower and the Borrower Unit as and when the same become due and payable.
The Debtors, in the motion, sought approval to implement a global procedure to streamline existingobligations under pending prepetition Anchor Leases and to enter into postpetition Anchor Leases without further notice or order from the Court, or pursuant to certain notice procedures if the value of the Anchor Lease exceeds $5 million.
Upon request of Lender, Borrower shall deliver to Lender evidence reasonably satisfactory to Lender that all such Common Charges and fees, assessments, charges and other amounts assessed pursuant to the Anchor Leases against Borrower and the Borrower Unit, which are then due and payable, have been paid by Borrower.
Such Anchor Leases are crucial to the Debtors’ business operations because they often establish long- term stable leases that provide predictable and steady revenue streams.