Leasing Action definition

Leasing Action means all executions, modifications, terminations and extensions of Leases, and all other actions taken by the Borrower in exercising its rights as landlord under the Leases.
Leasing Action means any of the following: (i) entering into a New Lease, except with respect to the top floor of “Building 1” of the Property which shall not be leased to any party in any event, (ii) modifying or amending any Pre-Effective Date Lease or any New Lease entered into prior to the end of the Due Diligence Period, (iii) consenting to any assignment or sublease in connection with any Pre-Effective Date Lease or New Lease, and (iv) terminating any Lease and/ or removing any Tenant under any Pre-Effective Date Lease or New Lease, whether by summary proceedings or otherwise.
Leasing Action means any of the following: (i) entering into a new Lease, (ii) modifying or amending any Lease, (iii) consenting to any assignment or sublease in connection with any Lease, and (iv) terminating any Lease and/or removing any tenant under any Lease, whether by summary proceedings or otherwise.

Examples of Leasing Action in a sentence

  • For a Leasing Action which does not meet the above criteria, Lender approval of the Leasing Action is required.

  • Lender will be deemed to have consented to any Leasing Action if it does not notify Borrower that it is withholding its consent within ten (10) business days of its receipt of (a) notification of the proposed Leasing Action, and (b) all materials reasonably requested to permit Lender to review the proposed Leasing Action.

  • Any Leasing Action not related to the Key Leases will not require Lender written consent if the following conditions are met: Term of Lease: Maximum term of ten (10) years, including the base lease term and all extension options.

  • These measures would result in a more rapid reduction in the toxicity and volume of contaminants than the boundary systems included in Alternative 6 because of the proximity of the treatment and protective measures to the impacted areas.

  • The license does not extend to any Leasing Action that permits (i) less than reasonable market rent during its original term or any extension period, (ii) that permits prepayment of rent more than one (1) year in advance, or such shorter period as is actually provided for rentals under the Lease, or (iii) that modifies a Lease in any manner that increases the liability or obligations of any successor to Borrower’s interest in such Lease or affects the notice and cure rights available thereunder.

  • An electronic version of floor plan concepts by can be accessed at: http://fsweb.wo.fs.fed.us/aqm3/pages/asset-management/real-property/?tab=policy.6447.2 - Request for Leasing Action Units shall include the following space types in their “Request for Leasing Action”: 1.

  • The Borrower shall request such approval in writing, presenting the terms of the proposed Leasing Action in summary form.

  • The request shall be accompanied by (i) a copy of the form of lease, lease amendment, or other written instrument that is to effect the proposed Leasing Action, and (ii) any financial materials (such as credit reports, tenant financial statements, or retail tenant sales information) used by the Borrower in arriving at its decision to take the proposed Leasing Action.

  • Borrower will provide copies of all documentation for any such Leasing Action, within sixty (60) days after the execution thereof.

  • Unless the Lender declines a request for its approval of a Leasing Action by Notice within ten (10) Business Days of its receipt, together with all documentation required under this Section, the Lender shall be deemed to have approved the request.


More Definitions of Leasing Action

Leasing Action means any termination, assignment, sublease, renewal, or amendment of any Lease, or any material waiver of the Mortgagor’s rights as landlord in connection with the XXXXX Agreement or any Lease.
Leasing Action means the amendment, modification, assignment or sublease, supplement, termination, cancelation or rescinding of an existing Lease.
Leasing Action has the meaning specified in Section 5.10(a).

Related to Leasing Action

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.