Tenant Concession definition

Tenant Concession means any agreement or undertaking by any Former Landlord which is provided to Tenant or any affiliate of Tenant in connection with the execution by Tenant of the Lease or the occupancy by Tenant of Tenant’s Premises and which is not expressly set forth in the Lease, including free or reduced rent, early termination rights or options, assumption of any other lease obligations of Tenant or any affiliate of Tenant relating to property other than Landlord’s Premises, payment of moving or relocation costs, construction or installation of improvements to or alterations of Tenant’s Premises or Landlord’s Premises or the premises of any affiliate of Tenant, or any other economic, financial or contractual benefit to Tenant or any affiliate of Tenant of any type or nature that is provided by Landlord as an inducement to Tenant to enter into the Lease or to commence Tenant’s occupancy of Tenant’s Premises.
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Tenant Concession means any (a) out-of-pocket payment required under a Lease to be paid by the landlord to or for the benefit of the tenant that is in the nature of a tenant inducement, including tenant improvement costs, lease buyout payments, and moving, design and refurbishment allowances and costs, (b) commission obligations respecting any Lease (other than with respect to unexercised expansion, renewal or extension options or rights), and (c) loss of income resulting from any free rental period. "Tenant Concessions" also includes the Existing Unpaid Tenant Concessions.
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Tenant Concession means either (i) a tenant improvement allowance paid from Developer to a tenant of space within the Shopping Center, or (ii) a credit against rent afforded by Developer to a tenant of space within the Shopping Center, and in either case, which is paid or credited pursuant to a specific provision in a written lease with such tenant, and which is specifically designated for such tenant to make renovations and capital improvements to its leased space within the Shopping Center. 5 For example, a Pottery Barn store would not be deemed to be a Related Business to a Pottery Barn Kids store, and a Gap Store would not be deemed to be a Related Business to a Gap Kids store. But, a Walmart Market would be deemed a Related Business to a Walmart Supercenter because they sell the same types of goods to the same customer base.
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Examples of Tenant Concession in a sentence

  • A “Successor Landlord” means any party that becomes owner of Landlord's Premises as the result of a Foreclosure Event.1.8 Tenant Concession.

  • The Commission Concession Agreements to Tenant and the Tenant Concession Agreements from the Commission, the premises described in Exhibit “A” attached hereto and incorporated herein by reference.

  • ATM density varies widely by governorate, with the highest results observed for Aqaba and Amman23.

  • No tenant or occupant under the Leases is entitled to any free rent, abatement of rent, Tenant Concession, or to any reimbursement, credit or payment, except as set forth on Exhibit DD.


More Definitions of Tenant Concession

Tenant Concession. A “Tenant Concession” means any agreement or undertaking by any Former Landlord which is provided to Tenant or any affiliate of Tenant in connection with the execution by Tenant of the Lease or the occupancy by Tenant of Tenant's Premises and which is not expressly set forth in the Lease, including free or reduced rent, early termination rights or options, assumption of any other lease obligations of Tenant or any affiliate of Tenant relating to property other than Landlord's Premises, payment of moving or relocation costs, construction or installation of improvements to or alterations of Tenant's Premises or Landlord's Premises or the premises of any affiliate of Tenant, or any other economic, financial or contractual benefit to Tenant or any affiliate of Tenant of any type or nature that is provided by Landlord as an inducement to Tenant to enter into the Lease or to commence Tenant's occupancy of Tenant's Premises.
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Related to Tenant Concession

  • Concession Area means particulars of the area as more particularly described in Form A of West Bengal Minor Minerals (Auction) Rules, 2016.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Occupancy means the use or intended use of a building or part thereof for the shelter or support of persons, animals or property.

  • Subleased Premises means all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • the Premises means the building or part of the building booked and referred to in the contract

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Leased space means a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

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

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • The Building means any building of which the Property forms part.

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • 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.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Rentable Area of the Premises The amount of square footage set forth in Section 1.01(10).

  • Authority’s Premises means any premises occupied by or under the control of the Authority 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.

  • Leash means attaches the bird to the perch or falconer's glove.

  • Outbuilding means and refer to structures such as (by way of example and not limitation) storage buildings, sheds, greenhouses, gazebos and other Roofed Structures.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Franchise Area means the area within the jurisdictional boundaries of the City, including any areas annexed by the City during the term of this Franchise.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.