Comparable Landlords definition
Examples of Comparable Landlords in a sentence
Notwithstanding the foregoing, with respect to any Alterations installed after the Lease Commencement Date that (A) create a Design Problem described in clause (iii) hereinabove and (B) are other than walls not aligned with existing columns or mullions, Landlord shall act reasonably and in good faith based upon standards generally employed by Comparable Landlords (as defined below) for comparable retail projects.
As used herein, “FMRR” shall mean the net rental rate per RSF for which Landlord and Comparable Landlord are entering into new leases within the time period of fifteen (15) to nine (9) months prior to the Expiration Date (“Market Determination Period”), with new tenants leasing from Landlord and/or Comparable Landlords office space in the Building and/or the Comparable Buildings which space is comparable to the Premises in views, tenant improvements and other material factors (“Comparative Transactions”).