Operating Tenant definition

Operating Tenant means the tenant under the Operating Lease.
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Operating Tenant means any Person who is a lessee with respect to the Facility Operating Leases or any other lease of an entire Borrowing Base Asset held by any Borrower as lessor or as an assignee of the lessor thereunder.
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Operating Tenant means the tenants under the Operating Leases, as more specifically set forth on Schedule XII attached hereto.
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Examples of Operating Tenant in a sentence

  • Borrower, Operating Tenant and, if applicable, each General Partner, have not at any time identified themselves, and will not identify themselves, as being a division of any other Person.

  • Notwithstanding anything to the contrary contained in this Section 2.02(g), provided Borrower or Operating Tenant, as applicable, is a Delaware single member limited liability company which satisfies the single purpose bankruptcy remote entity requirements of each Rating Agency for a single member limited liability company, the foregoing provisions of this Section 2.02(g) shall not apply to the General Partner.

  • Borrower, Operating Tenant and, if applicable, each General Partner, have not at any time since their formation made, and will not make, loans to its partners, members or shareholders or any predecessor company, corporation or partnership, each as applicable, or any Affiliates of any of such Persons.

  • Borrower, Operating Tenant and, if applicable, each General Partner has not permitted and will not permit any Affiliate independent access to their bank accounts.

  • All information submitted by Borrower and Operating Tenant to Lender and in all financial statements, rent rolls, reports, certificates and other documents submitted in connection with the Loan or in satisfaction of the terms thereof and all statements of fact made by Borrower and Operating Tenant in this Agreement or in any other Loan Document, are accurate, complete and correct in all material respects.


More Definitions of Operating Tenant

Operating Tenant has the meaning ascribed thereto in the Recitals.
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Operating Tenant means Starwood, as tenant under the Operating Lease.
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Operating Tenant means, individually and collectively, the tenant under each Operating Lease.
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Operating Tenant means Marriott Hotel Services, Inc., a Delaware corporation and wholly owned subsidiary of Marriott International Inc., as lessee and operator of the Hotel.
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Operating Tenant means ShopKo Stores Operating Co., LLC.
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Operating Tenant means Vail Food Services, Inc., a Colorado corporation.
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Operating Tenant means, individually and/or collectively (as the context may require), each of (b) for the SpringHill Suites, TRS San Spring, LLC, (b) for the Courtyard, TRS Jax Court, LLC and (c) for the Hotel Indigo, TRS Atl Indy, LLC.
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