Leasing Parameters definition
Leasing Parameters means the leasing parameters set forth on Schedule 3 attached hereto.
Leasing Parameters means any new Target Property Lease for any portion of the Target Property entered into after the date of this Agreement in the ordinary course and consistent with past practices of the Seller Parties, provided that any such Target Property Lease (a) is not for more than 5,000 rentable square feet of space, (b) is substantially on the form of lease provided by the Seller Parties to the Buyer Parties prior to the date of this Agreement (for the avoidance of doubt, such Target Property Leases shall not include any termination rights, purchase rights, relocation rights, expansion rights or tenant exclusives), and (c) contains economics that are in accordance with the leasing parameters attached as Section 9.5(ii) of the Seller Disclosure Letter, provided further that the base rent thereunder may be for up to $1.00/psf annually less than the corresponding leasing parameters attached as Section 9.5(ii) of the Seller Disclosure Letter and the tenant improvement allowance may increase by up to 5.0% above the corresponding leasing parameters attached as Section 9.5(ii) of the Seller Disclosure Letter.
Leasing Parameters means leasing parameters for the Mortgaged Property approved by the Agent and (prior to the initial syndication) Goldman. Leasing Parameters shall include, without limitation, the minimum and maximum term, the minimum rent, tax and operating stops, tenant standard improvements, tenant allowances and other tenant inducements and leasing commissions, and shall be approved by the Agent prior to the commencement of each calendar year during the term of the Notes. The Borrower will require, and each Lease will require, each tenant to enter into a Nondisturbance, Attornment and Subordination Agreement and to provide an estoppel certificate satisfactory to the Agent upon the request of the Agent. The Agent shall have the right, and the Borrower hereby authorizes the Agent, to communicate directly with any tenant under a Lease to verify any information delivered to the Agent by the Borrower concerning such tenant or such tenant's Lease.
Examples of Leasing Parameters in a sentence
Manager is hereby authorized to execute, deliver and renew leases on behalf of Owner including, but not limited to tenant and commercial leases (such as laundry room leases) in accordance with the Approved Leasing Parameters.
All leases for the Vacant Space shall comply with the Leasing Parameters attached hereto as Exhibit F or shall otherwise be approved in writing by Purchaser.
Manager shall perform promotional, leasing and management activities required to lease apartment units in the Project in accordance with the Approved Leasing Parameters.
Leasing Parameters shall include, without limitation, the minimum and maximum term, the minimum rent, tax and operating stops, tenant standard improvements, tenant allowances and other tenant inducements and leasing commissions, and shall be approved by the Agent prior to the commencement of each calendar year during the term of the Notes.
The Tenants in Common are encouraged to review all such leasing materials or summary and contact the Property Manager to discuss any questions and comments they may have with respect to the Leasing Parameters and any other leasing matters.
More Definitions of Leasing Parameters
Leasing Parameters means the pro forma rents and projected TI Expenditures and Leasing Expenditures for the In-Line Space previously agreed in writing by Contributor and the Partnership.
Leasing Parameters means leasing parameters for a Mortgaged Property approved by the Agent. Leasing Parameters shall include, without limitation, the minimum and maximum term, the minimum rent, tax and operating stops, tenant standard improvements, tenant allowances and other tenant inducements and leasing commissions, and shall be approved by the Agent prior to the commencement of each calendar year during the term of the Notes. The Agent agrees to provide a Subordination, Attornment and Nondisturbance Agreement for the tenant under any Lease that covers more than the lesser of 20,000 square feet or five (5%) of the aggregate Net Rentable Area of the Mortgaged Properties as requested by the Borrower, provided that (a) such tenant is not an Affiliate of the Borrower, REA or any Guarantor, (b) the Lease is on the Form Lease (without modifications or additions), (c) the Lease falls within the Leasing Parameters, and (d) the terms of the Subordination, Attornment and Nondisturbance Agreement are otherwise acceptable to the Agent. The Agent shall provide a Subordination, Attornment and Nondisturbance Agreement with respect to each other Lease that is approved by the Agent provided that the terms of the Subordination, Attornment and Nondisturbance Agreement are acceptable to the Agent.
Leasing Parameters means, with respect to the Lease-Up services to be rendered by PCE in terms of Section 6.1 below in respect of each Development Project, those rental grids, tenant mix and leasing guidelines which have been agreed between the Parties in respect of each of the Development Projects by not later than the date of the Construction Start Notice, which are or shall be detailed and specified in the Leasing Parameters Schedule attached hereto as SCHEDULE 1.1(SS);
Leasing Parameters shall have the meaning as set forth in Section 4.1.9.
Leasing Parameters means the guidelines for proposed Leases, set forth in ------------------ Exhibit H hereto, which have been approved by Lender as of the date hereof or --------- from time to time in accordance with Section 6.11(a)(vii) hereof.
Leasing Parameters is defined in Section 2.08.
Leasing Parameters means leasing guidelines for the Project approved by Owner pursuant to the Approved Annual Budget, as may be modified thereafter from time to time at Owner’s direction. Subject to the satisfaction of the other terms of Section 5(f), the Manager may enter into Leases that are in compliance with the then effective Leasing Parameters without additional Owner approval required.