Tenancy Leases definition

Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a Sale and Leaseback Transaction).
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Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose.
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Tenancy Leases shall have the meaning set forth in Section 3.11(l).
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Examples of Tenancy Leases in a sentence

  • If the payoff upon always winning a tie conditional on “good news” events is sufficiently high and a seller believes that the buyer would follow such an alternative continuation equilibrium, he may have incentives to deviate to a menu with the possibility of ties.15 14If the buyer chooses a jointly ex-post efficient contract less likely, then a seller receives a lower interim payoff conditional on any payoff level that he is willing to give to the buyer.

  • Productivity Commission (2008), The Market for Retail Tenancy Leases in Australia, Inquiry Report, March.

  • Except as indicated in Schedule 3.11(l), none of the Tenancy Leases is subject to any mortgage, pledge, Lien, sublease, assignment, license or other agreement granting to any third party any interest therein, collateral or otherwise, or any right to the use or occupancy of any premises leased thereunder.

  • If the Accused Student agrees to the findings and proposed sanctions, the case is resolved with a waiver of a hearing and no further right of appeal.

  • Nevertheless, one example is the enquiry by the Commission into Retail Tenancy Leases which arose as a result of tensions between shopping centre landlords and their tenants (Productivity Commission, 2008).

  • Productivity Commission (2008), The Market for Retail Tenancy Leases in Australia, Inquiry Report, March, p 233.

  • The ground leases underlying the leased Company Properties referenced in Schedule 3.11(a) (collectively, the "Tenancy Leases") are accurately described in Schedule 3.11(l).

  • To the Company's knowledge, except as set forth in Schedule 3.11(l), there is no pending or threatened proceeding which is reasonably likely to interfere with the quiet enjoyment of the tenant under any of the Tenancy Leases.

  • In fact, the mission carried out field investigations on Ishigaki-jima, Iriomote-jima, Miyako-jima, Tokashiki-jima, Zamami-jima, Aka- jima, and Kume-jima.

  • The Company has disclosed to Buyer all adverse matters known to the Company with respect to or in connection with the Company Properties (including the Company Leases and the Tenancy Leases), which would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.


More Definitions of Tenancy Leases

Tenancy Leases means leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries or any of its Joint Ventures in its capacity as a lessor or a similar capacity with a third party as the lessee, licensee or other counterparty (excluding any lease entered into in connection with a Sale and Leaseback Transaction); provided, that (w) with respect to residential leases, such leases shall be on customary market terms (subject to the requirements of applicable law) as of the time of execution and delivery thereof (as determined by Borrower in good faith), (x) with respect to commercial leases for 15,000 square feet or less (or, in the case of the 77 Greenwich Property, 4,700 square feet or less), such Tenancy Lease shall be on customary market terms as of the time of execution and delivery thereof (as determined by Borrower in good faith) and (y) with respect to commercial leases for more than 15,000 square feet (or, in the case of the 77 Greenwich Property, more than 4,700 square feet) and residential leases of units at the 77 Greenwich Property, such lease is approved by the Required Lenders (which approval shall not be unreasonably withheld or delayed).
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Tenancy Leases means leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity with a third party as the lessee, licensee or other counterparty (excluding any lease entered into in connection with a Sale and Leaseback Transaction); provided, that (w) with respect to residential leases, such leases shall be on customary market terms (subject to the requirements of applicable law) as of the time of execution and delivery thereof (as determined by Borrower in good faith), (x) with respect to commercial leases for 15,000 square feet or less (or, in the case of the 77 Greenwich Property, 4,700 square feet or less), such Tenancy Lease shall be on customary market terms as of the time of execution and delivery thereof (as determined by Borrower in good faith) and (y) with respect to commercial leases for more than 15,000 square feet (or, in the case of the 77 Greenwich Property, more than 4,700 square feet) and residential leases of units at the 77 Greenwich Property, such lease is approved by the Required Lenders (which approval shall not be unreasonably withheld or delayed).
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Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose.
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Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a Sale and Leaseback Transaction). “Term Loan” shall mean the term loan to the Borrower from the Term Loan Lenders in an aggregate principal amount equal to $200,000,000 on the Original Closing Date, as the same may be increased as provided in Section 2.17. The aggregate outstanding principal amount of Term Loans as of the Closing Date is $200,000,000. “Term Loan Advance” has the meaning specified in Section 2.01(b). “Term Loan Commitment” means, (a) with respect to any Lender at any time, the amount set forth opposite such Xxxxxx’s name on Schedule I hereto under the caption “Term Loan Commitment” or (b) if such Lender has entered into an Accession Agreement or one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender’s “Term Loan Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05. The aggregate Term Loan Commitments of the Lenders on the Original Closing Date was $200,000,000. The aggregate Term Loan Commitments as of the Closing Date is $0. “Term Loan Facility” shall mean, at any time, the aggregate amount of the Term Loan Commitments at such time. “Term Loan Lender” means a Lender having a Term Loan Commitment, whether funded or unfunded. “Term Note” shall mean a promissory note of the Borrower payable to the order of any Term Loan Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender under the Term Loan Facility. “Term SOFR” means: (a) for any Interest Period with respect to a Term SOFR Advance, the rate per annum equal to the Term SOFR Screen Rate two U.S. Government Securities Business Days prior to the commencement of such Interest Period with a term equivalent to such Interest Period; provided that if the rate is not published prior to 11:00 a.m. on such determination date then Term SOFR means the Term SOFR Screen Rate on the first U.S. Government Securities Business Day immediately prior thereto; and (b) for any interest calculation with respect ...
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Tenancy Leases has the meaning set forth in Section 3.2(j).
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Tenancy Leases shall have the meaning ascribed to such term in Section 4I(ix).
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Related to Tenancy Leases

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Leases means any and all leases, subleases, tenancies, options, concession agreements, rental agreements, occupancy agreements, franchise agreements, access agreements and any other agreements (including all amendments, extensions, replacements, renewals, modifications and/or guarantees thereof), whether or not of record and whether now in existence or hereafter entered into, affecting the use or occupancy of all or any portion of any Real Property.

  • Sublease means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • New Lease Any lease of REO Property entered into on behalf of the Trust, including any lease renewed or extended on behalf of the Trust if the Trust has the right to renegotiate the terms of such lease.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that: