Specified Tenant definition

Specified Tenant means, as applicable, (i) GDC, (ii) Xxxxx Fargo, and (iii) any other lessee(s) of the Specified Tenant Space (or any portion thereof) whose lease (together with all other leases at the Property to the same tenant and to all affiliates of such tenant) covers fifteen percent (15%) or more of the total gross leasable space for the Property together with any parent or affiliate thereof providing credit support or a guaranty under its lease (if any).
Specified Tenant means, as applicable, with respect to an Individual Property, (i) those Tenants at such Individual Property as of the Execution Date, set forth on Exhibit E attached hereto and incorporated herein, (ii) any other lessee of the Specified Tenant Space (or minimum of 20% thereof) and (iii) any guarantor of the applicable related Specified Tenant Lease.
Specified Tenant means, as applicable, (i) NYC DCAS and (ii) any other lessee(s) of the Specified Tenant Space (or any portion thereof) and any guarantor(s) of the applicable related Specified Tenant Lease(s).

Examples of Specified Tenant in a sentence

  • In the event Mortgage Borrower delivers to Mortgage Lender the Specified Tenant Trigger Cure Guaranty (as defined in the Mortgage Loan Agreement), Borrower shall provide to Lender a payment guaranty from Guarantor, which guaranty shall be substantially in the form of, and shall guarantee payment of such amounts as are guaranteed by, the Specified Tenant Trigger Cure Guaranty delivered by Mortgage Borrower to Mortgage Lender.

  • Lender shall make disbursements from the Specified Tenant Reserve Account to pay, or to reimburse Borrower or Master Tenant, for the costs of completing the Purchaser’s Outstanding Conditions only.

  • If there occurs after the date hereof a material adverse change in the financial condition of a Specified Tenant (as hereinafter defined), such Specified Tenant shall thereafter no longer be an Approved Tenant for the purposes of any future Project and Project Loans; provided, however, that Bank, in its sole discretion, may approve such Specified Tenant as an Approved Tenant for a specific Project.

  • For the purposes hereof, each of OfficeMax, Merchants and Walgreens shall be a "Specified Tenant." The foregoing provision shall in no way modify, amend or otherwise affect Bank's right under the Loan Agreement to approve or disapprove, in its sole discretion, a Project Loan.

  • According to the estoppel certificate delivered by the Specified Tenant in connection with the closing of the Mortgage Loan, the initial term of the Specified Tenant’s lease commenced on July 1, 2018.


More Definitions of Specified Tenant

Specified Tenant means individually and collectively, as the context may require, (i) the City of New York under the NYC HRA Lease, (ii) the City of New York under the NYC EPA Lease, and (iii) any other lessee(s) of the Specified Tenant Space (or any portion thereof) and any guarantor(s) of the applicable related Specified Tenant Lease(s).
Specified Tenant means each individual Specified Tenant and all Specified Tenants collectively.
Specified Tenant means, as applicable, (i) iCIMS, (ii) any tenant whose lease at the Bell Works Property, individually or when aggregated with all other leases at the Bell Works Property with the same tenant or any affiliates of such tenant, accounts for 15% or more of either (A) the total rental income for the Bell Works Property, or (B) the total square footage of the Bell Works Property, (iii) any other lessee(s) of the Specified Tenant Space (or any portion thereof) and (iv) any guarantor(s) of, or persons providing credit support in relation to, the applicable related Specified Tenant Lease(s). Notwithstanding the foregoing, or anything to the contrary herein, the Master Lessee will not be deemed to be a Specified Tenant.
Specified Tenant means, as applicable, (i) The New School, (ii) any guarantor(s) of the applicable related Specified Tenant Lease(s), and (iii) any replacement tenant for a Specified Tenant that leases 107,500 square feet or more at the 79 Fifth Avenue Property.
Specified Tenant means, as applicable, individually and collectively, (i) Shoppers Food Warehouse Corp. dba "Shoppers World", together with its successors and assigns, (ii) USF S&H Virginia, LLC dba "One Life Fitness", together with its successors and assigns,(iii) any other lessee(s) of the Specified Tenant Space (or any portion thereof) to the extent leasing at least 10% of the original square footage of such applicable Specified Tenant Space, and (iv) any guarantor(s) of the applicable related Specified Tenant Lease(s).
Specified Tenant means any tenant that at such time, together with any affiliates, leases space at the Corporate Woods Portfolio Properties that comprises more than 20% or more of either (1) the Corporate Woods Portfolio Properties’ aggregate gross leasable area, or (2) the total rental income (in the aggregate) for the Corporate Woods Portfolio Properties.
Specified Tenant means the tenant so identified with respect to the First Eligible Asset on Exhibit X.