New Tenant Lease definition

New Tenant Lease means any Lease covering any portion of the Improvements which is executed by and between Borrower and any tenant after the Closing Date in compliance with the requirements of Section 6.7(b) hereof (including the renewal term of any Lease existing as of the Closing Date or thereafter that has been validly renewed in accordance with such requirements), so long as Lender has received a fully executed copy of such Lease.
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New Tenant Lease has the meaning set forth in Section 1.2(b).
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New Tenant Lease means each new Tenant Lease entered into by any Property Owner after April 24, 2007 and prior to the Closing Date in accordance with Section 6.1(c) or otherwise with the approval of Transferee; provided, that the Tenant thereunder is scheduled to open for business on or prior to December 31, 2007 (except as may otherwise be agreed to by Transferee); provided, further, that, with respect to each New Tenant Lease: (1) Transferee shall receive a credit for (A) all unpaid, non-disbursed Tenant incentives, allowances or inducements (including work to be performed by or at the applicable Property Owner’s expense pursuant to the terms of such New Tenant Lease) for the initial term of such Tenant Lease, and (B) all third party brokerage and leasing agreements for which fees or commissions are or will be payable relating to such New Tenant Lease, in each case, as and to the extent set forth in Section 10.1(k); and (2) without duplication of any credits received under clause (1), Transferee shall receive a credit for the value of any rent concessions, abatements, free rent amounts, rent “holidays”, or other “lost” rent between the Closing Date and the scheduled (as of the Closing Date) rent commencement date under such New Tenant Lease; provided, that there shall be a post-closing adjustment based on the actual rent commencement date under such New Tenant Lease.
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Examples of New Tenant Lease in a sentence

  • From and after the expiration of the Due Diligence Period and during the remaining term of this Agreement, Seller shall not enter into any New Tenant Lease without Buyer’s consent, which consent shall not be unreasonably withheld or delayed.

  • If Buyer fails to respond in writing to any New Tenant Lease for which Buyer has consent rights as provided in this Section within five (5) Business Days after Seller’s written request for approval, Buyer is deemed to have approved the New Tenant Lease.

  • From and after the Effective Date, Seller shall promptly deliver to Buyer copies of any proposed New Tenant Lease.

  • For any New Tenant Lease which is a Major Lease, Borrower shall use commercially reasonable efforts to provide to Lender an executed original subordination, nondisturbance and attornment agreement from such tenant in Lender’s standard form or another form reasonably acceptable to Lender, and receipt by Lender of such subordination, nondisturbance and attornment agreement may be required by Lender as a condition to Lender granting its approval of such Major Lease.

  • To the extent that the amount of the total Reconciled TCF is less than the Current TCF for all of the Assets acquired by Purchaser pursuant to the terms of this Agreement, Sellers shall pay Purchaser the amount equal to the difference between (a) the product of (x) such difference between the amount of the total Reconciled TCF and the Current TCF and (y) the Applicable Multiple and (b) the amount of New Tenant Lease Amount.

  • If Purchaser shall fail to deliver written notice of Purchaser’s approval or disapproval within said five (5) business-day period, then Purchaser shall be deemed conclusively to have approved such New Tenant Lease or a Modification.

  • If Tenant fails to exercise the Offer Notice within the ten (10) day period, the right of first offer set forth in this Section 8.2 for the applicable Building One space shall be null and void and of no further force or effect as to that Building One New Tenant Lease, and Landlord shall be free to lease such space to any other persons or entities, free of any restrictions set forth herein.

  • In the event Landlord does not enter into the New Tenant Lease by November 29, 2011, then the Lease shall not terminate but shall remain in full force and effect.

  • Purchaser shall deliver its approval or disapproval within five (5) business days after Purchaser’s receipt of a written request for approval of a New Tenant Lease or a Modification (other than Permitted Modifications) from Sellers by providing written notice of Purchaser’s approval or disapproval of the same.

  • No New Tenant Lease shall be for a term in excess of one (1) year.


More Definitions of New Tenant Lease

New Tenant Lease means any new Tenant Lease relating to the Property with tenants of Seller having a term (including extensions or renewal rights) that will extend beyond the scheduled Close of Escrow, and any renewal, material amendment and extension of any existing Tenant Lease beyond the scheduled close of Escrow, entered into or proposed to be entered into by Seller after the Effective Date. From and after the Effective Date, Seller shall promptly deliver to Buyer copies of any proposed New Tenant Lease. From and after the expiration of the Due Diligence Period and during the remaining term of this Agreement, Seller shall not enter into any New Tenant Lease without Buyer’s consent, which consent shall not be unreasonably withheld or delayed. If Buyer fails to respond in writing to any New Tenant Lease for which Buyer has consent rights as provided in this Section within five (5) Business Days after Seller’s written request for approval, Buyer is deemed to have approved the New Tenant Lease. Buyer’s consent is not required for the exercise by tenants of rights set forth in existing Tenant Leases, to the extent all of the economic terms therefor have been agreed to in the existing Tenant Lease, but not otherwise.
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Related to New Tenant Lease

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Space Leases means any and all leases, subleases, lettings, licenses, concessions, operating agreements, management agreements, and all other agreements affecting the Trust Estate that Trustor has entered into, taken by assignment, taken subject to, or assumed, or has otherwise become bound by, now or in the future, that give any person the right to conduct its business on, or otherwise use, operate or occupy, all or any portion of the Site or Improvements and any leases, agreements or arrangements permitting anyone to enter upon or use any of the Trust Estate to extract or remove natural resources of any kind, together with all amendments, extensions, and renewals of the foregoing entered into in compliance with this Deed of Trust, together with all rental, occupancy, service, maintenance or any other similar agreements pertaining to use or occupation of, or the rendering of services at the Site, the Improvements or any part thereof.

  • Operating Lease means, as applied to any Person, any lease (including, without limitation, leases which may be terminated by the lessee at any time) of any Property (whether real, personal or mixed) which is not a Capital Lease other than any such lease in which that Person is the lessor.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Base Lease means the Base Lease Agreement delivered concurrently with this Lease between the Company and the Issuer.

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Master Lease This Schedule is issued pursuant to the Lease identified on page 1 of this Schedule. All of the terms and conditions of the Lease are incorporated in and made a part of this Schedule as if they were expressly set forth in this Schedule. The parties hereby reaffirm all of the terms and conditions of the Lease (including, without limitation, the representations and warranties set forth in Section 8) except as modified herein by this Schedule. This Schedule may not be amended or rescinded except by a writing signed by both parties. CHEMDEX CORPORATION COMDISCO, INC. AS LESSEE AS LESSOR By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx ------------------- --------------------- Title: CEO Title: SR VP ----------------- ------------------- Date: Date: ----------------- ------------------- EXHIBIT 1 SUMMARY EQUIPMENT SCHEDULE -------------------------- This Summary Equipment Schedule dated XXXX is executed pursuant to Equipment Schedule No. X to the Master Lease Agreement dated XXXX between Comdisco, Inc. ("Lessor") and XXXX ("Lessee"). All of the terms, conditions, representations and warranties of the Master Lease Agreement and Equipment Schedule No. X are incorporated herein and made a part hereof, and this Summary Equipment Schedule constitutes a Schedule for the Equipment on the attached invoices.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.