Leasing Default definition

Leasing Default shall have the meaning provided in Section 24.01(j).
Leasing Default shall have the meaning provided in Section 24.01(h). “Management Agreement” shall have the meaning provided in Section 26.01.
Leasing Default shall have the meaning provided in Section 24.01(h). “Management Agreement” shall have the meaning provided in Section 26.01. “Maintenance Capital Reserve” shall have the meaning provided in Section 12.02. “Mortgage” shall mean any deed of trust, indenture, mortgage, or similar instrument which constitutes a lien on Tenant’s interest in this Lease and the leasehold estate created hereby, provided such mortgage is held by a Mortgagee, as defined in this Lease. A deed of trust, indenture, mortgage or similar interest which is not held by a Mortgagee is not a “Mortgage” as such term is used in this Lease.

Examples of Leasing Default in a sentence

  • Once all such Residential Criteria Defaults have been cured and Tenant is no longer in a Leasing Default, Tenant shall retain all leasing and property management duties (and may retain an Approved Property Manager for such purposes) in accordance with the terms of this Lease.

  • During any period that the FCRHA undertakes leasing or property management duties as the result of a Leasing Default, the FCRHA shall use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.

  • Once all such Residential Criteria Defaults have been cured and Tenant is no longer in a Leasing Default, Tenant will retain all leasing and property management duties (and may retain an Approved Property Manager for such purposes) in accordance with the terms of this Lease.

  • During any period that Landlord undertakes leasing or property management duties as the result of a Leasing Default, Landlord will use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.

  • During any period that Landlord undertakes leasing or property management duties as the result of a Leasing Default, Landlord shall use good faith efforts to cure the Residential Criteria Defaults that resulted in the Leasing Default.

  • Any Residential Criteria Defaults that occurred during any period in which Landlord was responsible for the leasing and management of the Property will not be considered in determining whether Tenant has committed a Leasing Default.

  • Landlord may continue to operate and manage the Project for so long as any of the Residential Criteria Defaults that caused the Leasing Default that resulted in Landlord undertaking any leasing or property management responsibilities for the Project remain uncured.

  • Once all such Residential Criteria Defaults have been cured and Tenant is no longer in an Leasing Default, Tenant shall retain all leasing and property management duties (and may retain an Approved Property Manager for such purposes) in accordance with the terms of this Lease.

  • Any Residential Criteria Defaults that occurred during any period in which Landlord was responsible for the leasing and management of the Property will not be considered in determining whether Xxxxxx has committed a Leasing Default.

  • In the event that Tenant commits a Leasing Default within thirty-six (36) months after the date on which a prior Leasing Default was cured, in addition to Landlord’s rights under this Section 24.06, Landlord may avail itself to any other remedies set forth in this Lease, including the termination of this Lease pursuant to Section 24.02 and Section 24.03 above.


More Definitions of Leasing Default

Leasing Default has the meaning provided in Section 24.01(h).

Related to Leasing Default

  • Funding Default as defined in Section 2.22.

  • Financing Default means an event which would constitute (or with notice or lapse of time or both would constitute) an event of default (which event of default has not been cured) under or would otherwise violate or breach (i) any financing arrangement of the Company or any of its Subsidiaries in effect as of the time of the aforementioned event, and any extensions, renewals, refinancings or refundings thereof in whole or in part; and (ii) any provision of the Company's or any of its Subsidiary's constitutional documents.

  • MI Default has the meaning given to it in paragraph 6.1 of Framework Schedule 9 (Management Information);

  • Existing Defaults means, collectively, the Events of Default identified on Exhibit A hereto.

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • Servicing Default The meaning assigned in Section 6.01 of the Servicing Agreement.

  • PTC Event of Default means, with respect to each Trust Agreement, the failure to pay within 10 Business Days after the due date thereof: (i) the outstanding Pool Balance of the applicable Class of Certificates on the Final Legal Distribution Date for such Class or (ii) interest due on such Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or a withdrawal from the Cash Collateral Account relating to a Liquidity Facility for such Class, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee entitled thereto).

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Reporting Default means a Default described in Section 6.01(d).

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Event of Default has the meaning specified in Section 8.01.

  • Lease Default means any event or condition which, with the lapse of time or the giving of notice, or both, would constitute a Lease Event of Default.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Landlord Default shall have the meaning given such term in Article 14.

  • Default means any event which is, or after notice or passage of time or both would be, an Event of Default.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Potential Default means the occurrence of any event or condition which, with the giving of notice, the passage of time, or both, would constitute an Event of Default.

  • O & M Default means any default on the part of the Power Producer for a continuous period of ninety (90) days to (i) operate and/or (ii) maintain (in accordance with Prudent Utility Practices), the Project at all times.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p).

  • Bank Default means (i) the refusal (which has not been retracted) of a Bank to make available its portion of any Borrowing or to fund its portion of any unreimbursed payment under Section 2.03(c) or (ii) a Bank having notified in writing the Borrower and/or the Agent that it does not intend to comply with its obligations under Section 1.01 or Section 2, in the case of either clause (i) or (ii) as a result of any takeover of such Bank by any regulatory authority or agency.

  • Actionable Default means (i) an Event of Default under and as defined by the Credit Facility Agreement or (ii) an event of default under the Public Indenture.