Major Tenant Lease definition

Major Tenant Lease means a Tenant Lease that demises more than 5,000 rentable square feet of a Borrowing Base Property.
Major Tenant Lease means any Tenant Lease demising 50,000 or more rentable square feet in any Secured Pool Property prior to the Collateral Release Event.
Major Tenant Lease means a Tenant Lease covering more than 1,000 square feet of space in the Asset. Prior to and at the Closing, Seller shall use Commercially Reasonable Efforts to cooperate with Purchaser and Purchaser’s employees and representatives to assist in an orderly transition of the ownership of the Asset.

Examples of Major Tenant Lease in a sentence

  • Borrower shall not enter into any Major Tenant Lease without obtaining Xxxxxx’s prior written consent.


More Definitions of Major Tenant Lease

Major Tenant Lease means (i) the Comenity Lease, and any replacement Lease that is acceptable to Lender pursuant to the terms of this Agreement, or (ii) any Lease which, either individually or when taken together with any other Lease with the same Tenant or any Affiliate of such Tenant, and assuming the exercise of all expansion rights and preferential rights to lease additional space contained in such Lease or Leases, (a) covers (or, after giving effect to any such proposed Lease, would cover) no less than 35% of the total rentable square footage at the Property or (b) requires (or, after giving effect to any such proposed Lease, would require) the payment of base rent that is no less than 35% of the total in-place base rent at the Property, in each case under clause (i) or (ii), as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time in accordance with the terms and conditions of this Agreement.
Major Tenant Lease means any Tenant Lease demising 50,000 or more rentable square feet in any Borrowing Base Property.
Major Tenant Lease means any existing Lease or future Lease (i) having a net rentable area occupied or to be occupied thereunder, exceeding twenty percent (20%) of the net leasable area of the Improvements for any particular Individual Property and having a lease term, excluding renewal options, that exceeds ten (10) years; (ii) having a tenant that is an Affiliate of Borrower or Guarantor; (iii) that is to be used to satisfy the release of funds deposited with Lender or any agent of Lender or for other rental achievement purposes; or (iv) or with CUBExec as tenant.
Major Tenant Lease shall have the meaning set forth in Section 19(a). "New Leases" shall have the meaning set forth in Section 6(b)(iv).
Major Tenant Lease means the Lease Agreement between Cousins Properties Incorporated, a Georgia corporation (predecessor to Borrower), as landlord, and Major Tenant, as tenant, dated August 1, 2006, as amended, modified, renewed and/or restated, or, if applicable, replaced in connection with any replacement of the Major Tenant Lease.
Major Tenant Lease has the meaning set forth in the recitals to this Agreement, and includes all schedules and exhibits thereto.
Major Tenant Lease means any existing Lease or future Lease (i) having a net rentable area occupied or to be occupied thereunder, including expansion options, exceeding 10,000 square feet, in the aggregate, of the net leasable area of the Improvements; (ii) having a lease term, excluding renewal options, that exceeds ten (10) years; (iii) having a tenant that is an Affiliate of Borrower or a related entity of any Guarantor; or (iv) with Home Depot, TJ Maxx/Homegoods or Sprouts Farmers Market (or any of their respective successors or assigns).