Pending Leases Sample Clauses
The "Pending Leases" clause defines how leases that have been agreed upon but have not yet commenced are treated within the context of the agreement. Typically, this clause outlines the rights and obligations of the parties regarding these future leases, such as whether the landlord can enter into new leases or how existing commitments are handled if the property is sold or transferred. Its core function is to provide clarity and certainty about the status and handling of leases that are in the pipeline, thereby preventing disputes or misunderstandings about future occupancy or rental income.
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Pending Leases. Within fifteen (15) days after the expiration or earlier termination of this Agreement, Manager shall deliver to Owner a list of all parties to whom Manager has presented a bona fide “Letter of Proposal” or has otherwise taken substantial and material steps evidenced in a manner acceptable to Owner, in Owner’s reasonable discretion, with respect to a good faith effort to enter into a Lease at a Property during the term of this Agreement regarding the possible leasing of space in a Property, or a possible renewal, extension or of any existing tenant Lease covering space in a Property. Owner agrees that it will pay the commission that would otherwise be due in accordance with Section 4.2.B hereof in the event Owner or its successor or assign enters into any Lease with any tenant validly included in Manager’s list or any affiliate thereof, or enters into any renewal, extension or expansion of an existing tenant Lease included in Manager’s list so long as negotiations commence and are a final written agreement is executed by all necessary parties during one hundred eighty (180) days after such expiration or termination of this Agreement. Owner covenants and agrees that it shall not delay entering into any Lease, or any renewal, extension or expansion thereof, for the purpose of depriving Manager of any commission due Manager pursuant to this Section 4.2.C.
Pending Leases. A scheduled of all pending leases, letters of intent for leasing, and leases out for signature, all related to the Property.
Pending Leases. Within fifteen (15) days after the expiration or earlier termination of this Agreement, Manager shall deliver to Owner a list of all parties to whom Manager has presented a bona fide “Letter of Proposal” or has otherwise taken substantial and material steps evidenced in a manner acceptable to Owner, in Owner's reasonable discretion, with respect to a good faith effort to enter into a lease at a ▇▇▇▇▇' Managed Property during the term of this Agreement regarding the possible leasing of space in a ▇▇▇▇▇' Managed Property, or a possible renewal, extension or of any existing tenant lease covering space in a ▇▇▇▇▇' Managed Property. Owner agrees that it will pay the commission that would otherwise be due in accordance with Section 4.2.B hereof in the event Owner or its successor or assign enters into any lease with any tenant validly included in Manager's list or any affiliate thereof, or enters into any renewal, extension or expansion of an existing tenant lease included in Manager's list so long as negotiations commence and are a final written agreement is executed by all necessary parties during one hundred eighty (180) days after such expiration or termination of this Agreement. Owner covenants and agrees that it shall not delay entering into any lease, or any renewal, extension or expansion thereof, for the purpose of depriving Manager of any commission due Manager pursuant to this Section 4.2.C.
Pending Leases. Seller confirms that it has not entered into and is not bound to enter into any leases, or any modifications, amendments or renewals thereof other than those listed in Exhibit E attached hereto. Accordingly, Seller will not enter into any leases, or any modifications, amendments or renewals thereof following the execution and delivery of this First Amendment, without first obtaining Buyer’s consent in accordance with the terms of Section 8.3.2
Pending Leases. Copies of all information relating to any pending leases, lease renewals, or lease modifications and the terms thereof;
Pending Leases. Upon and after the termination of the Agreement pursuant to Paragraph 8, above, Owner shall pay to Manager, in one lump sum, an amount equal to five percent (5%) of the rental to be paid after the date of termination under leases for apartment units in force as of such date for the balance of the terms of such leases. In addition, Owner shall recognize Manager as the broker in any pending negotiations for the rental of any apartment units, and in the event of the consummation of such lease, Owner shall pay to Manager, in one lump sum on the date of said consummation, a commission at the rate of five percent (5%) of the total rental to be paid under such new leases.