SMALL SHOP LEASE definition

SMALL SHOP LEASE means any Lease which both (i) covers a gross leasable area at the Property which is twenty thousand (20,000) square feet or less, and (ii) has a term, including renewal options (if any), less than or equal to ten (10) years; provided, however that the term "Small Shop Lease" expressly excludes all Temporary Leases.
Sample 1Sample 2Sample 3
SMALL SHOP LEASE means any Lease which both (i) covers a gross leasable area at the Property which is twenty thousand (20,000) square feet or less, and (ii) has a term, including renewal options (if any), less than or equal to ten (10) years; provided, however that the term "Small Shop Lease" expressly excludes all Temporary Leases. "STANDARD FORM OF SHOP LEASE" means the standard form leasing documents for Small Shop Leases and Large Shop Leases at the Property as approved by Owner, which approval will not be unreasonably withheld by Owner, as the same may be amended or restated from time to time in accordance with the provisions of this Agreement. "TEMPORARY LEASE" means any Lease of a temporary or seasonal nature, having a term, including renewal options (if any) of less than one (1) year, including without limitation, short-term concessions or license agreements and cart or kiosk leases or licenses for less than one year. "WEA" means Westfield America, Inc., a Missouri corporation. ARTICLE II APPOINTMENT Owner hereby appoints Manager to rent, lease, operate, manage and direct the operation of the Property subject to the terms and conditions hereinafter set forth. The appointment of Manager shall be exclusive to Manager except to the extent that Manager otherwise agrees from time to time in Manager's sole and absolute discretion. Manager agrees that during the term of this Agreement it will not act as the property manager for any regional shopping center (other than a regional shopping center which is owned by any Affiliate of WEA) which directly competes with the Property and which is within the primary market area of the Property (a "Competing Mall"), PROVIDED that the foregoing restriction shall not be deemed to be violated if Manager shall acquire, either directly or indirectly, all or substantially all of the assets of, or an interest in, an entity which is engaged in the property management business and which manages, among other properties, a regional shopping center which is a Competing Mall. Owner and Manager acknowledge that Owner has engaged Developer as the exclusive developer for the Property pursuant to the Development Framework Agreement with respect to any expansion, redevelopment or refurbishment of the Property (any such expansion, redevelopment or refurbishment being hereinafter referred to as a "Project"). Owner and Manager further acknowledge that to the extent Developer 9 <PAGE> is providing leasing services with respect to the initial leasing of a...
Sample 1

Related to SMALL SHOP LEASE

  • Natural area means an area of the rural or non-urban environment which is in an unspoilt natural state or is of high scenic value, and includes, but is not limited to, national parks, game reserves, nature reserves, marine reserves, wilderness areas, areas of extensive agriculture and scenic areas;

  • Expandable condominium means a condominium project to which additional

  • Premises Building Total Destruction means if the Building of which the Premises are a part is damaged or destroyed to the extent that the cost to repair is fifty percent (50%) or more of the then Replacement Cost of the Building.

  • Health professional shortage area means that term as defined in section 332(a)(1) of subpart II of part C of title III of the public health service act, chapter 373, 90 Stat. 2270, 42 U.S.C. 254e.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Basal area means the effective surface area available to transmit the treated effluent from the filter media in a mound system into the in-situ receiving soils. The perimeter is measured at the interface of the imported fill material and in-situ soil. On sloping sites, only the area down-gradient from the up-slope edge of the distribution media may be included in this calculation.

  • Water Surface Elevation (WSE means the height, in relation to mean sea level, of floods of various magnitudes and frequencies in the floodplains of coastal or riverine areas.

  • Acre-foot means the amount of water necessary to cover one acre of land one foot deep, or about 325,851 U. S. gallons of water.

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Expansion to an existing manufactured home park or subdivision means the preparation of additional sites by the construction of facilities for servicing the lots on which the manufactured homes are to be affixed (including the installation of utilities, the construction of streets, and either final site grading or the pouring of concrete pads).

  • Area A means the area marked “Area A” outlined in red on the Plan (excluding that part shaded grey on the Plan);

  • Animal shelter means a facility operated by a humane society or any society organized under Chapter 1717. of the Revised Code or a dog pound operated pursuant to Chapter 955. of the Revised Code.

  • Parcel 2 A NON-EXCLUISVE EASEMENT FOR INGRESS AND EGRESS OVER LOT 11 OF RENWICK PLAXX, XXXXX X XXXXXXXXXXX XX PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEROF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND OVER LOT 15 IN THE RESUBDIVISON OF LOT 8 OR RENWICK PLACE, BEING A XXXXXXIVISION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS. PARCEL 3: A NON-EXCLUSIVE EASEMENT FOR PARKING OVER ALL LOTS CONTAINED IN RENWICK PLACE, BEING A SXXXXXXXION OF PART OF THE NORTHWEST 1/4 OF SECTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT THEREOF RECORDED AUGUST 14, 1998, AS DOCUMENT NUMBER R98-094653, AND THE RESUBDIVISION OF LOT 8 OF RENWICK PLACX, XXXXX X XXXXXXXXXXXXX OF PART OF THE NORTHWEST 1/4 OF SESCTION 22, TOWNSHIP 36 NORTH, RANGE 9, EAST OF THE THIRD PRINCIPAL MERIDIAN, ACCORDING TO THE PLAT OF SAID RESUBDIVISION RECORDED DECEMBER 29, 1999, AS DOCUMENT R99-157784, IN WILL COUNTY, ILLINOIS, AND AMENDED BY AMENDEMENT TO THE EASEMENTS OF RENWICK PLACE, AND THE XXXXX AND PROVISIONS CONTAINED THEREIN, RECORDED NOVEMBER 25, 1998 AS DOCUMENT R98-141755.

  • California Renewables Portfolio Standard means the renewable energy program and policies established by California State Senate Bills 1038 and 1078 as amended by Senate Bill SB1X, and codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions are amended or supplemented from time to time.

  • Water surface elevation means the height, in relation to the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, where specified, of floods of various magnitudes and frequencies in the floodplains of riverine areas.

  • Eligible Ground Lease means a ground lease containing terms and conditions customarily required by mortgagees making a loan secured by the interest of the holder of the leasehold estate demised pursuant to a ground lease, and shall include the following: (a) a remaining term (exclusive of any unexercised extension options) of 30 years or more from the date the applicable Property first becomes an Eligible Property; (b) the right of the lessee to mortgage and encumber its interest in the leased property without the consent of the lessor; (c) the obligation of the lessor to give the holder of any mortgage Lien on such leased property written notice of any defaults on the part of the lessee and agreement of such lessor that such lease will not be terminated until such holder has had a reasonable opportunity to cure or complete foreclosures, and fails to do so; (d) reasonable transferability of the lessee’s interest under such lease, including ability to sublease; and (e) clearly determinable rental payment terms which in no event contain profit participation rights.

  • Visual impairment including blindness means an impairment in vision that, even with correction, adversely affects a student's educational performance. The term includes both partial sight and blindness.

  • Premises Total Destruction means damage or destruction to the Premises, other than Lessee Owned Alterations and Utility Installations and Trade Fixtures, which cannot reasonably be repaired in six (6) months or less from the date of the damage or destruction. Lessor shall notify Lessee in writing within thirty (30) days from the date of the damage or destruction as to whether or not the damage is Partial or Total.

  • Sub-Lease means the sub-lease entered into following the approval of an Approved Sub-lease;

  • public open space means the securing of an area of a site at grade or street level which is acceptable to the City and is appropriately landscaped for the use and enjoyment of the public during reasonable hours.

  • Modular home means a modular unit as defined in Section 15A-1-302.

  • Co-op Lease With respect to a Co-op Loan, the lease with respect to a dwelling unit occupied by the Mortgagor and relating to the stock allocated to the related dwelling unit.

  • Disposal area means 1 or more of the following at a location as defined by the boundary identified in its construction permit or engineering plans approved by the department:

  • Generator Planned Outage means the scheduled removal from service, in whole or in part, of a generating unit for inspection, maintenance or repair with the approval of the Office of the Interconnection in accordance with the PJM Manuals.