Leasing Rate definition

Leasing Rate means the ratio, expressed as a percentage, of (a) the net rentable units of such Multifamily Property for which the Borrower is collecting rent to (b) the total units of such Multifamily Property available for lease.
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Leasing Rate means, with respect to any Pool Asset (including CIP) at any time, the ratio, expressed as a percentage, of (a) the net rentable square footage of such Property actually leased to tenants paying rent pursuant to binding leases as to which no material monetary default has occurred and is continuing to (b) the aggregate net rentable square footage of such Property.
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Leasing Rate means, with respect to any Property at any time, the ratio, expressed as a percentage, of (a) the net rentable square footage of such Property for which the Borrower, is collecting rent, or for which a lease has been signed but the term has not yet commenced, to (b) the total square footage of such Property available for lease; provided, that, in the case of a Multifamily Property, “Leasing Rate” means the ratio, expressed as a percentage, of (a) the net rentable units of such Multifamily Property for which the Borrower is collecting rent, or for which a lease has been signed but the term has not yet commenced, to (b) the total units of such Multifamily Property available for lease.
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Examples of Leasing Rate in a sentence

  • Schedule 7.1(f)(i) is, as of the Agreement Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate of such Property as of September 30, 2014, and if such Property is a Development Property, the status of completion of such Property as of September 30, 2014.

  • Until such time as a Facility has at least one non-Strategic Anchor Tenant leasing space comparable to Raw Space, the leasing rate for Raw Space leased by Strategic Anchor Tenant will be the Most Favored Nation Leasing Rate.

  • The Most Favored Nation Leasing Rate shall apply only to the lease of Elective Leased Space up to [*] square feet of Space.

  • Schedule 7.1(f)(i) is, as of the First Modification Effective Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate of such Property as of June 30, 2016, and if such Property is a Development Property, the status of completion of such Property as of June 30, 2016.

  • The Strategic Anchor Tenant shall lease an amount of space equal to its Minimum Space Obligation at the Most Favored Nation Leasing Rate (as defined in Section 3.3 below) for such Facility.

  • Schedule 7.1(f)(i) is, as of the Agreement Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate of such Property as of September 30, 2015, and if such Property is a Development Property, the status of completion of such Property as of September 30, 2015.

  • Schedule 7.1(f)(i) is, as of the Agreement Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate such Property as of June 30, 2011, and if such Property is a Development Property, the status of completion of such Property as of June 30, 2011.

  • Schedule 7.1(f)(i) is, as of the Agreement Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate of such Property as of September 30, 2011, and if such Property is a Development Property, the status of completion of such Property as of September 30, 2011.

  • Schedule 7.1(f)(i) is, as of the Agreement Date, a complete and correct listing of all Properties of each Loan Parties and each of their respective Subsidiaries, setting forth, for each such Property, the Leasing Rate of such Property as of June 30, 2016, and if such Property is a Development Property, the status of completion of such Property as of June 30, 2016.

Related to Leasing Rate

  • Funding Rate means any individual rate notified by a Lender to the Facility Agent pursuant to sub-paragraph (ii) of paragraph (a) of Clause 10.3 (Cost of funds).

  • Ceiling Rate means, with respect to any Calculation Period, the rate set forth as the “Ceiling Rate” on the attached Schedule I.

  • Lease Balance means, as of any date of determination, an amount equal to the aggregate sum of the outstanding amount of the Advances, plus (without duplication) all accrued and unpaid Basic Rent and all Supplemental Rent owing by the Lessee under the Operative Documents.

  • Rental Rate means the average annualized composite rate for United States treasury bonds issued for periods of ten years and longer plus two percent. The rental rate shall not exceed ten and three-quarters percent nor fall below eight and one-quarter percent.

  • Pricing Rate the per annum percentage rate for determination of the Price Differential;