Tenant Direction Notice definition

Tenant Direction Notice shall have the meaning set forth in Section 9.2 hereof.
Tenant Direction Notice means a notice, substantially in the form of Exhibit A attached hereto, directing the recipient to pay all Rent and other sums due under the Lease to which such Person is a party into the Lockbox Account.
Tenant Direction Notice shall have the meaning set forth in Section 8.2 hereof. “Term SOFR” shall mean, with respect to each Interest Period, the rate identified as “1 Month CME Term SOFR” by the Term SOFR Administrator on the CME Market Data Platform xxxxx://xxx.xxxxxxxx.xxx/market-data/cme-group-benchmark-administration/term-sofr.html (or any successor source for the rate currently identified as “1 Month CME Term SOFR” identified as such by the Term SOFR Administrator from time to time) as of 6:00 a.m. (New York City time) on the Determination Date (rounded upwards, if necessary, to the nearest 1/100th of 1%). “Term SOFR Administrator” means CME Group Benchmark Administration Limited or a successor administrator of the rate currently identified as “1 Month CME Term SOFR” that

Examples of Tenant Direction Notice in a sentence

  • Borrower warrants and covenants that it shall not rescind, withdraw or change any notices or instructions required to be sent by it pursuant to this Section (including, without limitation, any Tenant Direction Notice) in each case without Lxxxxx’s prior written consent.

  • If the recipient fails to remit payments as directed thereby for ninety (90) days after receipt of such Tenant Direction Notice, then in addition to continuing such efforts, Borrower shall give notice thereof to Lender.

  • If following receipt of a Tenant Direction Notice, the recipient fails to remit payments as directed thereby for sixty (60) days, Borrower shall use all commercially reasonable efforts to cause such recipient to comply with the terms thereof.

  • From and after the Closing Date Borrower shall direct all tenants, pursuant to a Tenant Direction Notice, to transmit rents directly to the Lockbox for deposit into the Clearing Account.


More Definitions of Tenant Direction Notice

Tenant Direction Notice means, with respect to the tenant under a Lease, a direction letter, in form and substance reasonably acceptable to the Administrative Agent, directing such tenant to deposit all payments due the landlord under such Lease directly into the Operating Account, it being agreed that, with respect to any Postal Lease, the form of direction letter issued by the United States Postal Service from time to time for use with such Postal Lease is an acceptable form.
Tenant Direction Notice. Means a notice in the form attached hereto as Exhibit D.

Related to Tenant Direction Notice

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Redirection Notice shall have the meaning assigned to such term in Section 14(c).

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy.

  • improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Removal Notice shall have the meaning specified in Section 2.07(b).

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Non-Renewal Notice shall have the meaning set forth in Section 2.

  • Full Notice to Proceed means that all material third party contractors have been given the notice to proceed with construction by the Capacity Market Seller or its agent, with a guaranteed completion date backed by liquidated damages.

  • Notice of Tender means, in connection with an Optional Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent, indicating an intention to tender VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Notice of Completion means a document issued by the Department or Delegated Agency at the end of project construction when all items and conditions of the approved Sediment and Stormwater Management Plan have been satisfied, post construction verification documents demonstrate that the stormwater management systems have been constructed in accordance with the approved Sediment and Stormwater Management Plan, and final stabilization of disturbed areas on the site has been achieved.

  • Escalation Notice has the meaning set forth in Section 8.02.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Administrative Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Borrower pursuant to the terms of the Purchase and Sale Agreement and the Loan Assignment by which the Transferor effects such conveyance.

  • Variation Notice means a written notice signed by a Shareholder (or each Shareholder in the case of a joint shareholding) under clause 8.1 in the form prescribed or approved by the Board from time to time, which may (without limitation) be combined with, or form part of, any other form or notice including an Election Form).

  • Work request means a document prepared by the Contractor which describes over and above work being proposed.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • decision notice means a written notice of a decision by the Department regarding an individual's eligibility for benefits in a program.

  • Removal Notice Date means, with respect to the Removed Accounts designated hereby, , (which shall be a date on or prior to the fifth Business Day prior to the Removal Date).

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.