Related Party Space definition

Related Party Space space leased or licensed to a Related TLA Party to house Related Party Equipment.
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Examples of Related Party Space in a sentence

  • The Deemed Area or the Related Party Space will only be increased in size or reconfigured if appropriate space is available in the Building.

  • On the occurrence of a Co-location, the Licensee will no longer have any right to occupy the Deemed Area, unless the Related TLA Party gives up its right to occupy the Related Party Space.

  • In addition, all renewals of Leases and all proposed leases shall provide for rental rates and terms comparable to existing local market rates and terms and shall be arms-length transactions with bona fide, independent third- party tenants (except for approximately 8,000 square feet of space in the property located at 00000 Xxxx Xxxxx Xxxxx, which is occupied by Borrower or its affiliate (the "Related Party Space")).

Related to Related Party Space

  • Open space means undeveloped land, a naturally landscaped area, or a formal or man-made landscaped area that provides a connective link or a buffer between other resources.

  • Premises means the location where the Services are to be supplied, as set out in the Specification.

  • Occupant means any person or persons over the age of eighteen years in possession of the property.