Major Subtenant means a Subtenant under a Major Sublease.
Major Subtenant means either: (i) a Subtenant occupying or proposing to occupy at least fifty thousand (50,000) square feet of leasable area within the Premises, or at least twenty five thousand (25,000) square feet if the Sublease involves a retail store or restaurant, (ii) an Affiliate of Tenant, or (iii) a National or Regional User (as hereinafter defined) or as required by a Leasehold Mortgagee.
Major Subtenant. A tenant under a Sublease for all or substantially all of a Leased Property.
Examples of Major Subtenant in a sentence
The Tenant shall promptly contain and remove any Hazardous Material found on the Premises or the Property if caused by the Tenant, Major Subtenant, any Subtenant or anyone acting or claiming by, through or under the Tenant.
Thus, the reason why Icelandic quirky subjects raise in exactly the same way as nominative subjects (Thráinsson 1979, Zaenen, Maling & Thráinsson 1985, SigurDsson 1989 and subsequent) is that quirky arguments in this language match PersS, subsequently raising into its vicinity (and then raising further to also match SL, like ordinary sub- jects).
Any subtenant, operator, licensee, franchisee, concessionaire, or other occupant of the Premises or any portion thereof, and a Major Subtenant.
The last two sentences contained in Section 6 of the Lease are hereby deleted and replaced in their entirety by the following two sentences: “Unless Tenant obtains a Certificate of Occupancy no later than December 31, 2017 for a Major Subtenant, this Lease shall be terminated by the parties, be of no further force or effect and the Deposit shall be the property of the Landlord.
More Definitions of Major Subtenant
Major Subtenant means a subtenant that occupies at least two adjacent full floors in a Building in accordance with the terms provided for in this Lease.
Major Subtenant has the meaning provided in Section 10.2(d) hereof.
Major Subtenant. A tenant under a Sublease for all or substantially all of a Leased Property. Material Agreement: Operating Agreements and agreements (i) requiring payment by Tenant of more than $2,000,000 per annum and not cancellable without a penalty of $500,000 or more, or (ii) pursuant to which Tenant is entitled to receive more than $2,000,000 per year, relating, in each case, to the ownership, development, use, operation, leasing, maintenance or repair of the Leased Property, provided "Material Agreements" shall not include agreements pursuant to which either party thereto may discontinue the provision of, or request for, services, or the delivery of goods to Tenant for storage, without payment of any penalty or without notice to the other party (regardless whether the agreement is formally terminated) .
Major Subtenant is either: (i) a Subtenant occupying or proposing to occupy at least five thousand (5,000) square feet of leasable area within the Premises, or at least two thousand five hundred (2,500) square feet if the Sublease involves a retail store or restaurant, (ii) a Sublease with an Affiliate of Tenant, or (iii) a National or Regional User (as hereinafter defined). As used herein, the term “National or Regional User” shall mean a party operating (direct, franchise, or otherwise) at least thirty (30) or more facilities in the United States or at least twenty (20) within a single region thereof (e.g. the Southwest, New England, Pacific Northwest, etc.) under a single trade name, style or xxxx, and having a national or regional identity with the public-at-large. The nondisturbance agreement shall provide that, notwithstanding the termination of this Lease, the Major Subtenant Sublease shall continue for the duration of its term and extensions thereof as direct leases between Landlord hereunder and Major Subtenant thereunder; provided, however, the nondisturbance agreement shall be conditioned on the following: (i) Landlord shall not be liable to any Major Subtenant for any security deposits (unless the security deposit has been delivered to Landlord) under its Major Subtenant Sublease, nor shall Landlord be bound by any rental which is paid more than thirty (30) days in advance of the due date under the terms of the sublease; (ii) the Major Subtenant must not be in default under its Major Subtenant Sublease on the date of the Lease termination; (iii) the Major Subtenant shall attorn to Landlord; and (iv) Landlord shall not be liable for any act or omission of Tenant or be subject to any offsets or defenses which any Major Subtenant may have against Tenant. In no event shall Tenant enter into any Sublease (including, but not limited to a Major Subtenant Sublease) which has a term (including available extensions) which extends beyond the Term of this Lease. As to any Subtenant who is not an Major Subtenant, Landlord agrees to consider any request by such Subtenant for a non-disturbance and attornment agreement, but Tenant shall not offer to obtain same unless and until requested by such Subtenant. Landlord agrees to devote a reasonable amount of time to the review, consideration, and negotiation of such non-disturbance and attornment agreements, but Tenant shall be liable and obligated to reimburse Landlord for any costs, fees and expenses that Landlord may suffer or...
Major Subtenant. A Subtenant under a Major Sublease.
Major Subtenant as used herein shall mean either of the following:
Major Subtenant means the subtenant with respect to a Major Subletting. Each Major Subtenant shall also be deemed a Substantial Subtenant.