Prior Tenant definition
Examples of Prior Tenant in a sentence
Landlord currently is negotiating the terms of an agreement with Prior Tenant to terminate the Prior Tenant Lease (the “Prior Tenant Termination Agreement”).
Notwithstanding anything set forth herein, it shall be a condition precedent to the commencement of the Term that Landlord and the Prior Tenant have entered into a Prior Tenant Termination Agreement.
Landlord currently is negotiating the terms of an agreement with Prior Tenant to terminate or modify the Prior Tenant Lease (the "Prior Tenant Modification Agreement") with respect to the Premises.
Tenant is in the process of purchasing certain furniture currently located in the Expansion Space (the “Personal Property”) and owned by Prior Tenant.
Promptly after the date hereof, Landlord shall notify such tenants of the foregoing removal/restoration obligations and shall use commercially reasonable efforts to enforce such obligations and to have such Prior Tenant Restoration Work completed prior to the Commencement Date(6) On the Commencement Date, Landlord shall assign to Tenant all of Landlord’s rights and remedies against such tenants with respect to such removal/restoration obligations.
Landlord has advised Tenant that although the tenant previously occupying the Premises (“Prior Tenant”) has vacated the Premises, the lease with the Prior Tenant (“Prior Lease”) has not yet been terminated.
Landlord is currently negotiating the terms of the Prior Tenant Agreement with the Prior Tenant.
If Landlord fails to enter into the Prior Tenant Termination Agreement with Prior Tenant on or before the later of (i) March 31, 2011, or (ii) ten (10) days following the date this Amendment, executed by Tenant, together with all prepaid rental and security deposits required hereunder, is delivered to Landlord, then Landlord or Tenant may terminate this Amendment by providing written notice thereof to Tenant.
This Lease specifically is contingent upon Landlord, on or before November 30, 2007 (the “Contingency Date”), entering into an agreement with the Prior Tenant to terminate the Prior Lease with respect to the Premises (the “Prior Tenant Agreement”).
If Landlord fails to enter into the Prior Tenant Termination Agreement with Prior Tenant on or before November 26, 2014 then Landlord may terminate this Amendment by providing written notice thereof to Tenant, whereupon, this Amendment shall be null and void and of no force or effect and the Lease shall continue in full force and effect as if this Amendment had not been executed.