Commercial Leases definition

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

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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

• If this IBM Agreement continues in full force and effect as provided above, the parties shall replace the invalid provision with a valid provision which corresponds as far as possible to the spirit and purpose of the invalid provision.

• 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 ▇▇▇ ▇▇▇▇ (SA).

• During the time period commencing upon the date that is three (3) Business Days prior to the expiration of the Investigation Period and terminating on the Closing or the earlier termination of this Agreement, as applicable, Seller shall not renew, extend, amend or modify any of the Commercial Leases or enter into any Proposed New Lease without the prior written consent of Buyer in each instance, which consent shall be given or withheld in Buyer’s sole discretion.

• The Borrower has delivered correct and complete copies of the fully-signed Commercial Leases to the Administrative Agent on or prior to the Closing Date.

More Definitions of Commercial Leases

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

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 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 has the meaning set forth in Section 7.1(e).

Commercial Leases means the interest of Seller in and to all rental agreements, 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, including but not limited to those items set forth on the rent roll attached hereto as Exhibit 1.1.4, including any new rental agreements, leases, subleases and other occupancy agreements entered into in the ordinary course of business between the Effective Date and the Closing Date. 1.1.5 "EFFECTIVE DATE" means the date on which Seller signs this Purchase Contract, thereby accepting the Purchase Contract, and provides Notice to Purchaser. 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 collective reference to all Leases other than admission agreements or residency agreements. “Commitment” means the Term Loan Commitment.