Anchor Lease definition
Anchor Lease means a Lease for an Anchor Tenant.
Anchor Lease means any lease by a single tenant of more than 15,000 rentable square feet at a Qualified Property.
Anchor Lease means, collectively, (i) the Macy’s Lease and (ii) any lease entered into covering the Future Anchor Parcel.
Examples of Anchor Lease in a sentence
The Property is not subject to any Leases other than the Leases described on the Rent Roll attached as SCHEDULE IV hereto and made a part hereof (and subleases permitted under the Anchor Lease).
Manager will deliver each fully negotiated and approved Anchor Lease to Owner for Owner's execution thereof, and provided that the terms of any such Anchor Lease are consistent with the terms approved in writing by Owner, Owner shall execute any such Anchor Lease within fifteen (15) Business Days after Owner's receipt thereof.
Manager shall obtain the written consent of Owner to the terms and conditions of any Anchor Lease by delivering such Anchor Lease to Owner together with all reasonably relevant information.
Owner shall grant or deny (with specificity) its approval of the terms and conditions of any Anchor Lease within twenty-one (21) days after Owner's receipt of such Lease and relevant information.
The guaranty of the Anchor Tenant Lease executed by Anchor Lease Guarantor is in full force and effect.
More Definitions of Anchor Lease
Anchor Lease as such term is defined in Section 7(a)(i)(E) hereof.
Anchor Lease means a lease for contiguous space of not less than 15,000 square feet of gross leasable area.
Anchor Lease means any of the following: (a) the Wal-Mart Lease or any Wal-Mart Replacement Lease, or (b) the Sam’s Club Lease or any Sam’s Club Replacement Lease.
Anchor Lease means a lease demising in excess of 50,000 square feet of gross leaseable area of the Improvements on any Property or a ground lease demising a portion of a Property on which a retail or entertainment establishment of at least 50,000 square feet has been or will be constructed.
Anchor Lease means the Leases in effect as of the Effective Date covering a part of the Property with the following tenants (and the respective Property covered by such Lease): Consolidated Entertainment (▇▇▇▇ Entertainment Center Property), Sports Authority (▇▇▇▇ Gateway Property), ▇▇▇▇ & Busters (▇▇▇▇ Entertainment Center Property), Nordstrom Rack (▇▇▇▇ Village Property), Office Depot (▇▇▇▇ Village Property), ▇▇▇▇ Stores (▇▇▇▇ Gateway Property), Pier 1 (▇▇▇▇ Village Shops), Bank of Hawaii (▇▇▇▇ Plaza Property), Marukai Marketplace (▇▇▇▇ Industrial Property), Famous Footwear (▇▇▇▇ Centre Property) and any Lease executed covering the space previously occupied by Border’s Books (▇▇▇▇ Centre Property).
Anchor Lease means a Lease for an Anchor Tenant. "ANCHOR TENANT" means an Occupant that is a department store having not less than seventy-five thousand (75,000) square feet of usable space at the Property. "ANNUAL PLAN" means the plan for the operation, leasing, maintenance and improvement of the Property, including, without limitation, the Operating Budget, prepared by Manager and approved by Owner as provided herein for each Fiscal Year. 1 <PAGE> "BANKRUPTCY" of any Person means the occurrence of any of the following events: (i) if such Person shall file a voluntary petition in bankruptcy or shall be adjudicated a bankrupt or insolvent, or shall file any petition or answer seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief for itself under the present or any future Federal bankruptcy act or any other present or future applicable Federal, state or other statute or law relating to bankruptcy, insolvency, or other relief for debtors, or shall seek or consent to the appointment of any trustee, receiver, conservator or liquidator of such Person of all, or substantially all, of its property; or (ii) if a court of competent jurisdiction shall enter an order, judgment or decree approving a petition filed against such Person seeking any reorganization, arrangement, composition, readjustment, liquidation, dissolution or similar relief under the present or any future Federal bankruptcy act, or any other present or future Federal, state or other statute or law relating to bankruptcy, insolvency, or other relief for debtors, and such order, judgment or decree shall remain unvacated and unstayed for a period of ninety (90) days from the date of entry thereof, or any trustee, receiver, conservator or liquidator of such Person or of all or substantially all of its property shall be appointed without the consent of such Person and such appointment shall remain unvacated and unstayed for a period of ninety (90) days, or if such Person shall file an answer admitting the material allegations of a petition filed against it in any bankruptcy, reorganization or insolvency proceeding; or (iii) if such Person shall admit in writing its inability to pay its debts as they mature; or
Anchor Lease means, with respect to a Property, a Lease whereby a tenant leases 40,000 or more of the net rentable square footage of such Property at the time of determination.