New Tenant Lease definition

New Tenant Lease means any Lease covering any portion of the Improvements which is executed by and between Borrower and any tenant after the Closing Date in compliance with the requirements of Section 6.7(b) hereof (including the renewal term of any Lease existing as of the Closing Date or thereafter that has been validly renewed in accordance with such requirements), so long as Lender has received a fully executed copy of such Lease.
New Tenant Lease has the meaning set forth in Section 1.2(b).
New Tenant Lease means each new Tenant Lease entered into by Property Owner after April 24, 2007 and prior to the Closing Date in accordance with Section 6.1(c) or otherwise with the approval of Transferee; provided, that the Tenant thereunder is scheduled to open for business on or prior to December 31, 2007 (except as may otherwise be agreed to by Transferee); provided, further, that, with respect to each New Tenant Lease:

Examples of New Tenant Lease in a sentence

  • From and after the Effective Date, Seller shall promptly deliver to Buyer copies of any proposed New Tenant Lease.

  • If Buyer fails to respond in writing to any New Tenant Lease for which Buyer has consent rights as provided in this Section within five (5) Business Days after Seller’s written request for approval, Buyer is deemed to have approved the New Tenant Lease.

  • From and after the expiration of the Due Diligence Period and during the remaining term of this Agreement, Seller shall not enter into any New Tenant Lease without Buyer’s consent, which consent shall not be unreasonably withheld or delayed.

  • The TPB states that intention is an instantaneous progenitor of behaviour.

  • For any New Tenant Lease which is a Major Lease, Borrower shall use commercially reasonable efforts to provide to Lender an executed original subordination, nondisturbance and attornment agreement from such tenant in Lender’s standard form or another form reasonably acceptable to Lender, and receipt by Lender of such subordination, nondisturbance and attornment agreement may be required by Lender as a condition to Lender granting its approval of such Major Lease.


More Definitions of New Tenant Lease

New Tenant Lease means any new Tenant Lease relating to the Property with tenants of Seller having a term (including extensions or renewal rights) that will extend beyond the scheduled Close of Escrow, and any renewal, material amendment and extension of any existing Tenant Lease beyond the scheduled close of Escrow, entered into or proposed to be entered into by Seller after the Effective Date. From and after the Effective Date, Seller shall promptly deliver to Buyer copies of any proposed New Tenant Lease. From and after the expiration of the Due Diligence Period and during the remaining term of this Agreement, Seller shall not enter into any New Tenant Lease without Buyer’s consent, which consent shall not be unreasonably withheld or delayed. If Buyer fails to respond in writing to any New Tenant Lease for which Buyer has consent rights as provided in this Section within five (5) Business Days after Seller’s written request for approval, Buyer is deemed to have approved the New Tenant Lease. Buyer’s consent is not required for the exercise by tenants of rights set forth in existing Tenant Leases, to the extent all of the economic terms therefor have been agreed to in the existing Tenant Lease, but not otherwise.

Related to New Tenant Lease

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

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • 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:

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Operating Lease of a Person means any lease of Property (other than a Capitalized Lease) by such Person as lessee which has an original term (including any required renewals and any renewals effective at the option of the lessor) of one year or more.

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • 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.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • 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 Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

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

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Existing Lease shall have the meaning assigned thereto in Section 10.7.

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

  • Lease Agreement means the bargain, with respect to the lease, of the lessor and the lessee in fact as found in their language or by implication from other circumstances including course of dealing or usage of trade or course of performance as provided in this article. Unless the context clearly indicates otherwise, the term includes a sublease agreement.

  • Operating Leases means all real or personal property leases under which any Company is bound or obligated as a lessee or sublessee and which, under GAAP, are not required to be capitalized on a balance sheet of such Company; provided that Operating Leases shall not include any such lease under which any Company is also bound as the lessor or sublessor.

  • Master Leases refers to the four second amended and restated master lease agreements, dated as of April 27, 2007, by and among the Operating Partnership and Kindred Healthcare, Inc. and Kindred Healthcare Operating, Inc.

  • Existing Leases means those leases, license agreements and occupancy agreements identified on Schedule 2.1.3, as the same may be amended or modified from time to time in accordance with the terms of this Agreement.

  • Master Lease means that certain [Master Lease title], relating to the leasing of, inter alia, the Healthcare Facility by Borrower to Master Tenant.

  • Property Lease means any Depot Lease, any lease in respect of a Managed Station Area, any lease in respect of Shared Facilities or any Station Lease and any agreement or lease of a similar or equivalent nature (whether in respect of any such facility or otherwise) which the Franchisee may enter into with a person who has an interest in a network or a railway facility which is to be used for or in connection with the provision or operation of the Franchise Services;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Ground Leases Those certain leases with respect to real property that is a portion of the Leased Property, pursuant to which Landlord is a tenant and which leases have either been approved by Tenant or are in existence as of the date hereof and listed on Schedule A hereto.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.