Excluded Tenant definition

Excluded Tenant means, with respect to any Income-Producing Project for any Fiscal Quarter, a tenant of such Project (i) whose lease expired or was terminated during such Fiscal Quarter or within thirty (30) days after the expiration of such Fiscal Quarter or (ii) which either defaulted in the payment of any of its lease obligations during such Fiscal Quarter (and such payment default is continuing after all required notices have been given and all applicable cure periods provided for in such lease have expired) or was the debtor in a voluntary or involuntary proceeding under any Debtor Relief Law during such Fiscal Quarter.

Excluded Tenant means, as of any date, any tenant under a Lease who is then either (i) the subject of a voluntary or involuntary proceeding for relief under the bankruptcy code or any state bankruptcy codes or insolvency laws, unless such tenant has assumed such Lease and provided adequate assurances of future performance, all as may be required in such proceeding, or (ii) more than sixty (60) days delinquent in the payment of any installment of base rent due under such tenant’s Lease.

Excluded Tenant means, as of any date, any tenant under a Lease who is then either (i) the subject of a voluntary or involuntary proceeding for relief under the Bankruptcy Code or any state bankruptcy codes or insolvency laws, unless such tenant has assumed such Lease and provided adequate assurances of future performance, all as may be required in such proceeding, or (ii) more than sixty (60) days delinquent in the payment of any installment of base rent due under such tenant’s Lease.

Examples of Excluded Tenant in a sentence

• This Master Lease constitutes a security agreement covering all such Tenant Personal Property and Tenant Intangible Property (to the extent assignable in accordance with applicable law), and Tenant shall keep such Tenant Property free and clear of all Liens other than Liens in favor of Landlord and, with respect to Excluded Tenant Property (as defined below) only, Permitted Tenant Property Liens (as defined below).

• If there is any Event of Default then existing, Tenant will not remove any Tenant Personal Property from the Premises and instead will, on demand from Landlord, convey it (other than the Excluded Tenant Personal Property) to Landlord or its designee for no additional consideration by executing a xxxx of sale in a form reasonably required by Landlord.

• If there ix xxy Event of Default then existing, Tenant will not remove any Tenant Personal Property (including the Excluded Tenant Personal Property) from the Premises and instead will, on demand from Landlord, convey it to Landlord for no additional consideration by executing a bill of sale in a form reasonably required by Landlord.

• If there is any Event of Default then existing, Tenant will not remove any Tenant Personal Property (including the Excluded Tenant Personal Property) from the Premises and instead will, on demand from Landlord, convey it to Landlord for no additional consideration by executing a xxxx of sale in a form reasonably required by Landlord.

• The Landlord may determine that a party (other than the Tenant or a Related Body Corporate of the Tenant) is an Excluded Tenant from time to time, and may provide written notice to the Tenant of that determination from time to time (but not more than once annually).

More Definitions of Excluded Tenant

Excluded Tenant means a tenant of land to which sections 32 to 32R (both inclusive) do not apply by virtue of sub-section (1) of section 88C.

Excluded Tenant means, with respect to any Income-Producing Project for any Fiscal Quarter, a tenant of such Project (i) whose lease expired or was terminated during such Fiscal Quarter or (ii) which either defaulted in the payment of any of its base rental obligations during such Fiscal Quarter (and such payment default is continuing after all required notices have been given and all applicable cure periods provided for in such lease have expired) or was the debtor in a voluntary or involuntary proceeding under any Debtor Relief Law during such Fiscal Quarter.

Excluded Tenant means any of the following tenants: (a) offices of any agency or bureau of the United States or any state or political subdivision thereof; (b) offices or agencies of any foreign governmental or political subdivision thereof; (c) offices of any health care professionals or health care service organization (except to the extent utilized primarily for general office purposes); (d) schools or other training facilities which are not ancillary to corporate, executive or professional office use; (e) retail or restaurant uses (except to the extent consistent with the retail or restaurant uses at the Comparable Buildings); or (f) communications firms such as radio and/or television stations (except to the extent utilized primarily for general office purposes); provided, however, that in the event that Tenant shall not timely exercise its right to lease Expansion Space 1, then effective upon the first day following the last day in which Tenant may exercise its right to lease Expansion Space 1, as set forth in

Excluded Tenant means only any agency or bureau of a foreign or domestic government which (I) generates foot traffic to the Building which materially exceeds the foot traffic to the Building that would be generated by a non-Excluded Tenant, (II) is of a character or reputation, or is associated with a political faction or orientation, which is materially inconsistent with that of tenants leasing space at the Comparable Buildings, and (III) has employees at the Building that carry weapons in the course of their employment and/or would otherwise create a safety threat which materially exceeds that created by tenants at the Comparable Buildings.

Excluded Tenant means any entity which the Landlord has agreed with another tenant of the Building must not occupy or use the Building or be granted a lease or licence of part of the Building.

Excluded Tenant means, as of any date, any tenant at Project that is subject to a voluntary or involuntary petition for relief under any federal or state bankruptcy codes or insolvency law.

Excluded Tenant means, as of any date, any tenant leasing 5,000 square feet or more at a Project that is subject to a voluntary or involuntary petition for relief under any federal or state bankruptcy codes or insolvency law.