Material Tenant definition

Material Tenant means any tenant of all or a portion of the Property under a Material Tenant Lease.

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Material Tenant means a tenant occupying more than the greater of (x) 10,000 square feet or (y) ten percent (10%) of the total square feet for the related Mortgaged Property.

Material Tenant means Southern California Gas Company, a California corporation, or any successor Tenant under the Material Tenant Lease.

Examples of Material Tenant in a sentence

In the event Tenant performs or causes to be performed any test on or within the Premises for the purpose of determining the presence of a Hazardous Material, Tenant shall obtain Landlord’s prior written consent and use a vendor approved by Landlord for such testing.
Section 11.2 Tenant shall not be required to obtain Landlord’s consent to any Tenant Work other than Material Tenant Work.
Upon receipt of such notice from Tenant, Landlord shall have the right to either (i) perform such Material Tenant Repair by delivering notice of such election to Tenant within thirty (30) days following receipt of Tenant’s notice, and Tenant shall pay Landlord the cost thereof (including Landlord’s reasonable supervision fee pursuant to Section 7.1) within thirty (30) days after receipt of an invoice therefor, or (ii) require Tenant to perform such Material Tenant Repair at Tenant’s sole cost and expense.
If Tenant's business operations on the Premises or uses of the Premises involve any generation, storage, use, treatment or disposal of any Hazardous Material, Tenant shall be responsible for removing any such Hazardous Materials from the Premises and the Building Complex and for decontaminating the Premises and the Building Complex and any neighboring properties affected by such Hazardous Materials.
Lender shall not be required to disburse Material Tenant Rollover Funds more frequently than once each calendar month, and each disbursement of the Material Tenant Rollover Funds must be in an amount not less than the Minimum Disbursement Amount (or a lesser amount if the total remaining balance of Material Tenant Rollover Funds is less than the Minimum Disbursement Amount, in which case only one disbursement of the amount remaining in the Material Tenant Rollover Account shall be made).

More Definitions of Material Tenant

Material Tenant means the tenant under any Material Lease;

Material Tenant. Any Tenant and Tenants, as the context may require, occupying more than 7,500 square feet in any of the Properties or ground leasing any real property at any of the Properties listed in Sellers Disclosure Schedule.

Material Tenant means each of:

Material Tenant means Polestar ▇▇▇▇▇ Limited, Polestar Holdings Limited, Polestar ▇▇▇▇▇ Bindery Limited, Polestar Magazines & Catalogues Limited, Watmoughs (Holdings) Limited, Polestar Group Limited and any other person that becomes a guarantor under the Occupational Lease dated on or about the date of this Agreement and made between the Borrower and Polestar ▇▇▇▇▇ Limited in accordance with the provisions of such lease provided that this shall not include any person that has been released as guarantor under such Occupational Lease in accordance with its terms with the prior written consent of the Agent (such consent not to be unreasonably withheld).

Material Tenant. AND "MAJOR TENANTS" Any Tenant and Tenants, as the context may require, occupying more than 7,500 square feet in any of the Properties or ground leasing any real property at any of the Properties listed in the SELLER DISCLOSURE SCHEDULE;

Material Tenant means (i) AWS or (ii) any tenant at the 3075 Olcott Property that, together with its affiliates, either (a) leases no less than 25% of the total rentable square footage of the 3075 Olcott Property or (b) accounts for (or would account for) no less than 25% of the total in-place base rent at the 3075 Olcott Property.

Material Tenant means (a) as of the Closing Date, M▇▇▇▇▇▇ L▇▇▇▇, and (b) thereafter, any Tenant that is the Tenant under a Material Tenant Lease.