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

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(f).

Commercial Leases means the interest of Seller in and to all leases and subleases, 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; provided, however, that the term "Commercial Leases" (i) shall also include any modifications to such leases after the Effective Date and any new leases entered into after the Effective Date (subject to the further agreement that any such modifications or new leases shall be subject to the approval of Purchaser, which shall not be unreasonably withheld or delayed) and

Commercial Leases as used herein shall mean those Leases set forth on Schedule 5.1(d)(iv) hereof. Purchaser acknowledges that it has reviewed and is familiar with each of the Leases. If there are any inconsistencies or discrepancies between the information set forth in the Rent Roll and the provisions of the Leases, then the provisions of the Leases shall prevail and the Rent Roll shall be deemed amended accordingly.