BY TENANT definition

BY TENANT. The following provisions shall apply to any assignment, subletting or other transfer by Tenant or any subtenant or assignee or other successor in interest of the original Tenant (collectively referred to in this Section as "Tenant"):
BY TENANT. As required by the Declaration covering the Property, but in no event less than $2,000,000 combined single limit of liability for bodily injury and property damage with an annual aggregate of $2,000,000, together with all risk property insurance (hereinafter "Tenant's Property Insurance") covering fire and extended coverage, vandalism and malicious mischief, sprinkler leakage and all other perils included in a standard Special Causes of Loss or All Risk form for no less than eighty percent (80%) of the replacement value of all of Tenant's property located on or within the Premises, together with the same insurance for replacement of the Premises themselves, for not less than on hundred percent of the replacement value of the Premises, excluding footings and foundation, with Tenant's customary deductibles. By Landlord: Such insurance as Landlord deems appropriate to insure itself for claims for bodily injury and property damage liability.

Examples of BY TENANT in a sentence

  • LANDLORD MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY TENANT.

  • THIS WAIVER IS KNOWINGLY, INTENTIONALLY, AND VOLUNTARILY MADE BY TENANT AND TENANT ACKNOWLEDGES THAT NEITHER LANDLORD NOR ANY PERSON ACTING ON BEHALF OF LANDLORD HAS MADE ANY REPRESENTATIONS OF FACT TO INDUCE THIS WAIVER OF TRIAL BY JURY OR IN ANY WAY TO MODIFY OR NULLIFY ITS EFFECT.

  • THE SUBMISSION OF THIS LEASE BY LANDLORD, ITS AGENT OR REPRESENTATIVE FOR EXAMINATION OR EXECUTION BY TENANT DOES NOT CONSTITUTE AN OPTION OR OFFER TO LEASE THE PREMISES UPON THE TERMS AND CONDITIONS CONTAINED HEREIN OR A RESERVATION OF THE PREMISES IN FAVOR OF TENANT, IT BEING INTENDED HEREBY THAT THIS LEASE SHALL ONLY BECOME EFFECTIVE UPON THE EXECUTION HEREOF BY LANDLORD AND TENANT AND DELIVERY OF A FULLY EXECUTED LEASE TO TENANT.

  • SUCH ACKNOWLEDGEMENTS, AGREEMENTS AND WAIVERS BY TENANT ARE A MATERIAL INDUCEMENT TO LANDLORD ENTERING INTO THIS LEASE.

  • EXCEPT AS EXPRESSLY SET FORTH HEREIN, LANDLORD MAKES NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IN RESPECT OF THE LEASED PROPERTY OR ANY PART THEREOF, EITHER AS TO ITS FITNESS FOR USE, DESIGN OR CONDITION FOR ANY PARTICULAR USE OR PURPOSE OR OTHERWISE, AS TO THE QUALITY OF THE MATERIAL OR WORKMANSHIP THEREIN, LATENT OR PATENT, IT BEING AGREED THAT ALL SUCH RISKS ARE TO BE BORNE BY TENANT.


More Definitions of BY TENANT

BY TENANT. Tenant's failure to pay rent or any other charge under this lease within l0 days after it is due.
BY TENANT. As required by the Governing Documents (as hereinafter defined) covering the Property, but in no event less than $2,000,000 combined single limit of liability for bodily injury and property damage with an annual aggregate of $2,000,000, together with all risk property insurance (hereinafter "Tenant's Property Insurance") covering fire and extended coverage, vandalism and malicious mischief, sprinkler leakage and all other perils included in a standard Special Causes of Loss or All Risk form for no less than eighty percent (80%) of the replacement value of all of Tenant's property located on or within the Premises, together with the same insurance for replacement of the Premises themselves, for not less than one hundred percent of the replacement value of the Premises, excluding footings and foundation, with Tenant's customary deductibles.
BY TENANT s giving written notice to Landlord no later than nine (9) months prior to the expiration of the term or the Extended Term, if applicable. Base Monthly Rental for the Premises shall be the Market Rent for such Premises and all other terms and conditions of this Lease shall remain the same as existed on the last day of the term or the Extended Term, if applicable. Base Monthly Rental for the Premises shall be the Market Rent for such Premises and all other terms and conditions of this Lease shall remain the same as existed on the last day of the Term hereof or the Extended Term, if applicable. For purposes of this Special Stipulation 2, the term "Market Rent" shall mean rent which is comparable to rent then being charged for premises of a similar size located within Class "A" warehouse/industrial/office parks of a similar nature to the Center located in the Gwinnett County, "I-85" area, as agreed upon by Landlord and Tenant. If Landlord and Tenant are unable to agree on Market Rent, Landlord and Tenant shall appoint a third party, expert in the Market Rent shall be and is hereby deemed to be final and conclusive. If Tenant does not extend this Lease in a timely manner, Tenant's rights with respect to the Extended Term(s) shall expire and be of no further force and effect.
BY TENANT. Tenant shall not sublet the Leased Premises for any portion thereof or assign or encumber its interest in this Lease, whether voluntarily or by operation of Law, without Landlord's prior written consent first obtained in accordance with the provisions of this Article 7. Any attempted subletting, assignment or encumbrance without Landlord's prior written consent, at Landlord's election, shall constitute a default by Tenant under the terms of this Lease. Notwithstanding the foregoing, Tenant may sublease up to, but not exceeding, fifty percent (50%) of the Leased Premises, in the aggregate (taking into account any then-existing sublettings of the Leased Premises to any Affiliate(s) (as defined below)), to an Affiliate without the prior written consent of Landlord provided that, in each instance, (i) Tenant provides Landlord with prior written notice of the sublease in question and promptly furnishes Landlord with the documents and information described in Section 7.3 below, (ii) the conditions described in Section 7.4 below have been fully and completely satisfied with respect to such proposed sublease (with any purported sublease to an Affiliate made prior to such satisfaction being void and, at Landlord's election, shall constitute a material default by Tenant under this Lease, all as provided in Section 7.4 below), (iii) all other terms and conditions of this Article 7 shall apply to such sublease (other than the requirement that Tenant obtain the prior written consent of Landlord thereto), and (iv) such sublease is not a subterfuge by Tenant to avoid its obligations or the transfer restrictions under this Lease. For purposes hereof, an "Affiliate" shall mean any entity that controls, is controlled by or is under common control with Tenant, and "control" shall mean the direct or indirect ownership of more than fifty percent (50%) of the voting securities of any entity or possession of the right to vote more than fifty percent (50%) of the voting interest in the ordinary direction of the entity's affairs. Any dissolution, merger, consolidation or other reorganization of an Affiliate following a sublease to such Affiliate permitted to be made hereunder without Landlord's consent, or the sale or other transfer in the aggregate over the Lease Term of a controlling percentage (as defined in Section 7.2 below, with the term "Tenant" as used in such definition meaning such Affiliate for purposes of such application) of the capital stock of such Affiliate, shall ...
BY TENANT. As applicable to the Leased Premises, heat, water, gas, steam, telephone, sewer and electricity consumed on the Premises.
BY TENANT. The following provisions shall apply to any assignment or subletting by Tenant:
BY TENANT. BY LANDLORD: CONVERA Corporation ASTON VIEWS, LLC A Delaware Corporation A California limited liability company By:________________________________ By:________________________________ Title:_____________________________ Title:_____________________________ By:________________________________ By:________________________________ Name:______________________________ Name:______________________________ Title:_____________________________ Title:_____________________________ EXHIBIT A FLOOR PLAN WITH PREMISES DEPICTED EXHIBIT "B" RULES AND REGULATIONS FOR ASTON VIEWS CORPORATE CENTER