Major Tenant definition

Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.
Major Tenant means any Tenant leasing in excess of 10,000 square feet of space at the Real Property, in the aggregate, as listed on Exhibit J attached hereto.
Major Tenant means a tenant under a Major Lease.

Examples of Major Tenant in a sentence

  • Landlord will operate, manage, maintain and repair or cause to be operated, managed, maintained or repaired, the Center, to the extent the same is not done by any Major Tenant.

  • If additional Major Tenants are added to the Center or an existing Major Tenant is replaced by a Major Tenant of higher quality, the Minimum Annual Rent and Minimum Monthly Rent herein provided for shall automatically be increased ten percent (10%) at the time each additional or higher quality Major Tenant opens for business.

  • The failure of any other tenant or any Major Tenant to contribute to the Fund shall not affect Tenant’s obligations hereunder.

  • Tenant’s store shall be and remain open from 10:00 A.M. until 9:00 P.M. each day of the week except Sunday, on Sunday from 11:00 A.M. until 7:00 P.M., and in addition, during all days, nights and hours (including Sundays as permitted by law) that any Major Tenant in the Center (as referred to in Section 4.2 above) is open for business, and such other days, nights and hours as Landlord shall approve in writing.

  • Tenant’s store shall be and remain open from 10:00 A.M. until 9:00 P.M. each day of the week except Sunday, on Sunday from 12:00 P.M. until 6:00 P.M., and in addition, during all days, nights and hours (including Sundays as permitted by law) that any Major Tenant in the Center (as referred to in Section 4.2 above) is open for business, and such other days, nights and hours as Landlord shall approve in writing.


More Definitions of Major Tenant

Major Tenant means any tenant (i) leasing more than 10,000 square feet of the Property or (ii) whose Rents comprise 25% or more of the effective gross income (as determined by Lender) of the Property.
Major Tenant means a tenant occupying space at the Collateral Asset of 10,000 square feet or greater.
Major Tenant means, a tenant of the Borrower or any PoolUnencumbered Property Owner which leases space in a Poolan Unencumbered Property pursuant to a Lease which entitles it to occupy forty percent (40%) or more of the Net Rentable Area of such PoolUnencumbered Property. Agent may in its discretion aggregate any and all Leases to Affiliates to determine whether such tenant should be treated as a Major Tenant.
Major Tenant means (i) any Tenant occupying all or substantially all of any Individual Property pursuant to a Lease (other than any month-to-month Lease) and (ii) any Tenant under any Lease listed on Schedule VIII.
Major Tenant means any Tenant that rents or occupies more than ten thousand (10,000) square feet of space in the Shopping Center pursuant to a Lease, including, without limitation, the Tenants listed on Schedule “2.0,” attached hereto and incorporated herein by reference.
Major Tenant means a Tenant under a Major Lease.
Major Tenant means any Tenant occupying twenty-five percent (25%) or more of a Mortgaged Property.