Commercial Leases definition

Commercial Leases means the collective reference to all Leases other than admission agreements or residency agreements.

Commercial Leases means the collective reference to all Leases other than (a) admission agreements or residency agreements or (b) any Lease for real property solely used for office space with a term not to exceed five (5) years and for 5,000 square feet or less.

Commercial Leases means the interest of Seller in and to all leases, subleases and other occupancy agreements, whether or not of record, which provide for the use or occupancy of space or facilities on or relating to the Property and which are in force as of the Effective Date for the applicable Property.

Examples of Commercial Leases in a sentence

• You should be aware that the Code of Practice on Commercial Leases in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement.

• As of the Closing Date, the Commercial Leases as to which a Borrower is the lessee and the expiration dates of their current terms are as set forth on Schedule 7.36 attached hereto.

• To present the financial position and the changes in financial position of NYCEDC’s rental portfolio in a manner consistent with the limitations and restrictions placed upon the use of resources and NYCEDC’s contractual agreements with the City and other third parties, NYCEDC classifies its asset management operations into the following five portfolios: Commercial Leases Portfolio: NYCEDC manages property leases between the City and various commercial and industrial tenants.

• With respect to Material Commercial Leases, Borrower shall not: enter into any Material Commercial Lease except with the prior written consent of Lender; or modify the terms of, extend, or terminate any Material Commercial Lease (including any Material Commercial Lease in existence on the Effective Date) without the prior written consent of Lender.

• In this lease: Act means the Retail and Commercial Leases Xxx 0000 (SA).

More Definitions of Commercial Leases

Commercial Leases means those certain Commercial Leases, dated as of the Closing Date, by and between Buyer and Atlanta Industrial Holdings LLC, State Street Holdings, LLC and Villanova Holdings, LLC, as applicable.

Commercial Leases means, collectively, all of the leases pursuant to which MLP is leasing space in the Commercial Properties to the occupants thereof and does not include occupancy by MLP of its corporate offices.

Commercial Leases as defined in Section 2.1.6.

Commercial Leases means those certain Commercial Leases, dated as of the Closing Date, by and between the Company and Callaway Development, LLC.

Commercial Leases has the meaning set forth in Section 7.1(f).

Commercial Leases means the interest of Seller in and to all leases, subleases and other occupancy agreements, whether or not of record, which provide for the use or occupancy of space or facilities on or relating to the Property and which are in force as of the Effective Date, as set forth on the rent roll attached hereto as Exhibit 8. 1.1. 8, including any new leases, subleases and other occupancy agreements entered into between the Effective Date and the Closing Date. 1.1.5 "EXCLUDED PERMITS" means those Permits which, under applicable law, are nontransferable or transferable only with consent and such consent shall not have been obtained. 1.1.6 "FIXTURES AND TANGIBLE PERSONAL PROPERTY" means all fixtures, furniture, furnishings, fittings, equipment, machinery, apparatus, appliances and other articles of personal property now located on the Land or in the Improvements as of the Effective Date and used or usable in connection with any present or future occupation or operation of all or any part of the Property as set forth in Exhibit 1.

Commercial Leases means the interest of Seller in and to all leases, subleases and other occupancy agreements, whether or not of record, which provide for the use or occupancy of space or facilities on or relating to the Property and which are in force as of the Effective Date for the applicable Property. 1.1.5 "EXCLUDED PERMITS" means those Permits which, under applicable law, are nontransferable and such other Permits as may be designated as Excluded Permits on Exhibit 1.1.5, if any, attached hereto. 1.1.6 "FIXTURES AND TANGIBLE PERSONAL PROPERTY" means all fixtures, furniture, furnishings, fittings, equipment, machinery, apparatus, appliances and other articles of personal property now located on the Land or in the Improvements as of the date of this Purchase Contract and used or usable in connection with any present or future occupation or operation of all or any part of the Property. The term "Fixtures and Tangible Personal Property" does not include (i) equipment leased by Seller and the interest of Seller in any equipment provided to the Property for use, but not owned or leased by Seller, or (ii) property owned or leased by Tenants and guests, employees or other persons furnishing goods or services to the Property or (iii) property and equipment owned by Seller, which in the ordinary course of business of the Property is not used exclusively for the business, operation or management of the Property or (iv) the property and equipment, if any, expressly identified in Exhibit 1.1.6. 1.1.7 "IMPROVEMENTS" means all buildings and improvements, located on the Land taken "as is" containing approximately 462,566 leasable square feet of low-rise office buildings. 1.1.8 "LAND" means all of that certain tract of land located in County of Oakland, Michigan commonly known as Southfield Office Portfolio, consisting of: