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
Borrower shall deliver to each new Major Tenant a Tenant Notice upon execution of such ▇▇▇▇▇▇’s Lease, and promptly thereafter deliver to Lender a copy thereof and evidence of such ▇▇▇▇▇▇’s receipt thereof.
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 any Tenant occupying twenty-five percent (25%) or more of a Mortgaged Property.
Major Tenant means a Tenant under a Major Lease.