Pro Forma Lease definition
Pro Forma Lease has the meaning given to such term in Section 5.03(e)(ii).
Pro Forma Lease has the meaning assigned to such term in Section 3(b) of Schedule 2.02(a) to the Servicing Agreement.
Pro Forma Lease has the meaning assigned to such term in Article 3 of Schedule 2.02(a) to this Agreement.
Examples of Pro Forma Lease in a sentence
The terms of the Pro Forma Lease may be revised from time to time by the Servicer, provided that any such revisions shall be consistent with a Lease originated thereunder being a Permitted Lease.
More Definitions of Pro Forma Lease
Pro Forma Lease means a lease described on SCHEDULE 1.1(B) hereto, or a lease which (i) provides for the payment of minimum base rent per square foot in an amount equal to or greater than the respective amount set forth on SCHEDULE 1.1(B) hereto, (ii) has an initial lease term of five years or greater, (iii) does not contain any provisions (except co-tenancy clauses which require co-tenancies of 65% or less of the Non-Anchor GLA and five or fewer Anchor Tenants) permitting the tenant thereunder to unilaterally terminate the lease or to pay percentage rents only, and (iv) provides for a tenant allowance of a vanilla box and $6.00 or less per square foot leased.