Proposed Tenant definition
Examples of Proposed Tenant in a sentence
In order to send the Offer Notice, Landlord does not need to have negotiated a lease with the Proposed Tenant but must have either a signed letter of intent or a signed term sheet from the Proposed Tenant.
The provisions of this section shall be operative each time any lease for any portion of the warehouse space shall expire and Landlord intends to enter into a Proposed Lease for such space with a Proposed Tenant.
If Tenant fails to provide Landlord with Tenant’s Notice within the fourteen (14) day period described above, Landlord thereafter shall have the right to lease the Proposed Lease Space and/or the Contiguous Space to the Proposed Tenant or any other tenant on any terms Landlord deems appropriate.
In order to send the Offer Notice, Landlord does not need to have negotiated a lease with any particular Proposed Tenant but may merely have determined on what basis it will market the Offered Space to Proposed Tenants.
If requested to do so by Developer, Mall II Buyer shall require a Proposed Tenant to obtain any license, qualification, clearance or the like which shall be requested or required of any Proposed Tenant by any Gaming Authority or any regulatory authority having jurisdiction over Developer or any Affiliate of Developer.
Notwithstanding anything else contained herein to the contrary, if Tenant accepts the Offered Space, the lease term for the Offered Space, at Tenant’s election, may be either (a) coterminous with this Lease, so long as there are at least [***] ([***]) [***] left in the Lease Term or (b) the lease term offered to another Proposed Tenant.
In order to send the Offer Notice, Landlord does not need to have negotiated a complete lease with the Proposed Tenant, but may merely have agreed upon the material economic terms for the Proposal.
Unless it is a publicly traded corporation on a national stock exchange, the Proposed Tenant shall disclose to Mall I Owner and H/C I Owner all direct and indirect ownership interests in the Proposed Tenant and all lenders or sources of financing.
If Tenant does not accept (or fails to timely accept) at any time the Offered Space offered by Landlord, then Landlord shall be free to lease the Offered Space to the Proposed Tenant consistent with those terms set forth in the Offer Notice.
If requested to do so by H/C I Owner, Mall I Owner shall require a Proposed Tenant to obtain any license, qualification, clearance or the like which shall be requested or required of any Proposed Tenant by any Gaming Authority or any regulatory authority having jurisdiction over H/C I Owner or any Affiliate of H/C I Owner.