Leasing Requirements definition

Leasing Requirements means:
Sample 1Sample 2
Leasing Requirements means, with respect to any Lease that is not a Major Lease that such Lease (i) provides for rental rates reasonably comparable to existing local market rates for similar properties, (ii) is on commercially reasonable terms with unaffiliated third parties, and, (iii) does not contain any terms which would have a Material Adverse Effect.
Sample 1Sample 2
Leasing Requirements means, with respect to any Lease that is not a Major Lease, that such Lease (i) is written on the Approved Lease Form; (ii) provides for rental rates comparable to existing local market rates for similar properties; (iii) is an arm’s-length transaction with an unrelated third party tenant (unless otherwise agreed by Lender); (iv) provides that such Lease is subordinate to the Security Instrument and that the lessee will attorn to Lender and any purchaser at a foreclosure sale; and (v) does not contain any option to purchase the Property or any other terms which would have a Material Adverse Effect.
Sample 1

Examples of Leasing Requirements in a sentence

  • No new building, structure, or other improvement shall be constructed on the Land nor shall any material part of the Improvements be removed, demolished, or structurally or materially altered, without Lender’s prior written consent (except for non-structural tenant improvements required or permitted to be constructed pursuant to Leases approved or deemed approved by Lender pursuant to the Assignment, or within the Minimum Leasing Requirements as provided by the Assignment).

  • Borrower shall not, and Borrower shall not permit any Subsidiary Guarantor to, enter into, amend or renew any Lease without the prior consent of Lender, which consent shall not be unreasonably withheld delayed or, conditioned; provided, however, such consent shall not be required in the case of any Lease which satisfies the Leasing Requirements.

  • Except for any Residential Lease that meets the Qualified Leasing Requirements, Borrower shall not enter into any Lease, and shall not substantially modify, or terminate, any Lease unless (a) Bank shall have given its prior written consent thereto, and (b) such Lease is made subordinate to the lien, operation and effect of the Mortgage pursuant to a subordination, non-disturbance and attornment agreement satisfactory to Bank.

  • There is no Lease in effect relating to the Project, any Apartment Unit or any portion of any of the foregoing, except for Leases that satisfy the Qualified Leasing Requirements.

  • The Closing shall commence at 10:00 a.m. on the date (the "Closing Date"), within fifteen (15) days after the Leasing Requirements Satisfaction Date (defined at Section 5(b)), specified by Buyer upon not less than five (5) days written notice to the Seller, and, in any event, subject to Section 2(b) above, the Closing Date shall be not later than July 1, 1999.

  • Except to the extent inconsistent with the terms of this Lease or to the extent applicable only to the relationship between the City and Landlord, all of the terms and provisions of the Ground Lease applicable to the Demised Premises, including, without limitation, the provisions of Section 10.03 (Required Sublease Clauses), Section 10.04 (Subtenant Non-Disturbance) and Section 23.03 (New Building Space Leasing Requirements), are hereby incorporated in and made a part of this Lease.

  • From and after the Leasing Requirements Satisfaction Date, there shall be no distributions of Net Cash Flow to members of the Company under the Operating Agreement.

  • Bank agrees that it will not disapprove any Major Lease for any matter that is covered by the Leasing Guidelines as long as such Major Lease satisfies the Leasing Requirements.

  • The Closing shall commence at 10:00 a.m. on the date (the "Closing Date"), within fifteen (15) days after the Leasing Requirements Satisfaction Date, specified by Buyer upon not less than five (5) days written notice to the Seller, and, in any event, subject to Section 2(b) above, the Closing Date shall be not later than July 1, 1999.


More Definitions of Leasing Requirements

Leasing Requirements shall having the meaning set forth in Section 5(e) and Exhibit E.
Sample 1
Leasing Requirements means the (A) renewal of the Required Lease for the entire Building (as hereinafter defined) for the first five (5) year renewal term provided for under the Required Lease or (ii) execution of a new lease with a new tenant or tenants for no less than ninety percent (90%) of the rentable area of the Building on terms and conditions acceptable to the Lender with a tenant or tenants whose credit is acceptable to the Lender, which leases will provide a debt service coverage ratio of not less than 1.40 to 1 for not less than a five (5) year term commencing upon scheduled expiration date for the Required Lease. (ii) “Leasing Costs” shall mean (A) the costs reasonably incurred by the Borrower to perform, or cause to be performed, tenant improvements required under any replacement lease or modification, renewal or extension of the Required Lease; and (B) the costs of leasing commissions incurred by Borrower in connection with the leasing of the Building or any portion thereof, provided that (x) such leasing commissions are reasonable and customary for properties similar to the Property and the portion of the Property leased for which such leasing commission is due, and (y) the amounts of such leasing commissions are determined pursuant to arm’s length transactions between Borrower and any leasing agent to which a leasing commission is due, and excluding any leasing commissions which shall be due any member, general partner or shareholder of Borrower or any affiliate of Borrower, except that Lender acknowledges (i) that an affiliate of Borrower may receive a “co-broker” commission of one percent (1%) in excess of the brokerage commission otherwise payable to CBRE (or any broker retained by Borrower to replace CBRE) pursuant to its listing agreement with Borrower and (ii) if Borrower’s leasing agent affiliate is the sole procuring broker Borrower’s affiliate can receive a market rate commission. 1.6
Sample 1

Related to Leasing Requirements

  • Listing Requirements means the Main Market Listing Requirements of Bursa Securities.

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Reporting Requirements As defined in Section 11.12.

  • Insurance Requirements means, collectively, all provisions of the Insurance Policies, all requirements of the issuer of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Loan Party which is an owner of Mortgaged Property and applicable to the Mortgaged Property or any use or condition thereof.

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Operational requirements means the need to ensure that the Agency is to be operated as effectively, efficiently and economically as possible.

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • essential requirements means all the conditions set out in Annex III which must be met by the rail system, the subsystems, and the interoperability constituents, including interfaces;

  • Mortgage Conditions means the mortgage conditions booklet reference MORT 0154 MAY 13 HF;

  • Environmental Guidelines means the environmental guidelines and occupational health and safety standards of the World Bank Group as in effect on [Bid Date].

  • Design requirements means the written description of the infrastructure facility to be procured pursuant to this article, including:

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.