Key Lease definition

Key Lease means any Lease that satisfies one or more of the following conditions:
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Key Lease means any present or future Lease to a tenant that either (i) demises more than 10,000 square feet of the net leasable area of the Improvements, or (ii) whose rental payments under all Leases comprise more than twenty percent (20%) of the gross rental income of the Real Property.
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Key Lease means any lease, license, or similar agreement relative to any Obligor's use or operation of Real Property comprising all or part of any Facility.
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Examples of Key Lease in a sentence

  • We rent to you the property with the street address and description stated under Key Lease Terms, referred to as the “Leased Property.” Lease Term.

  • Your security deposit due is stated under the Key Lease Terms, referred to as “Security Deposit.” The Security Deposit secures your obligations and compliance with the provisions of this Lease and Ohio Landlord-Tenant law.

  • The Key Lease Terms are further described and detailed throughout this Lease.

  • You shall limit the persons occupying the Leased Property to the maximum occupancy stated in the Key Lease Terms, including overnight guests or visitors.

  • Participant also agrees that he/she is jointly and separately liable with the keypad holders for all duties, responsibilities, indemnification and other undertakings of the keypad holders under the Key Lease Agreement, provided, however, that the agreement shall not be construed to make the keypad holder an employee of the Participant.

  • The utilities and other services you must pay under this Lease stated under the Key Lease Terms are referred to as these “Utilities.” “Utilities” includes all charges for connection fees, tests, monthly charges and all other associated costs for gas, electric, water, sewer, trash, telephone, television, internet, and other similar charges applicable to the Leased Property during the Lease Term, unless exceptions to your responsibility are noted under Key Lease Terms.

  • The remaining provisions of this Section shall apply to the extent that they are consistent with the terms of the approved Key Lease.

  • Your term under this Lease starts and ends on the dates stated under Key Lease Terms, referred to as the “Lease Term.” This Lease does not renew.

  • These Key Lease Terms require us to fill in blanks with important terms that specifically apply to you and bind you as part of this Lease.

  • At all times, each Originator shall comply with, service in accordance with, and maintain in full force and effect, the Key Lease Upgrade Provisions.


More Definitions of Key Lease

Key Lease means any Lease of a portion of the Improvements that covers more than 20% of the net leasable area of the Improvements or generates more than 20% of the gross rental income of the Real Property, together with any future "Key Leases" as defined in the Absolute Assignment of Leases and Rents.
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Key Lease means any lease demising in excess of 15,000 rentable square feet of space.
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Key Lease means the following leases: Agilent Tecnhnologies; Panasonic Corporation; Department of Consumer Affairs; Wachovia Dealer Services; and Republic Indemnity of America. Any Leasing Action related to a space not occupied by a Key Lease will not require Lender’s written consent if the following conditions are met with respect to such proposed Leasing Action, Lender’s consent shall not be required to such Leasing Action:
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Related to Key Lease

  • Company Lease means any lease, sublease, sub-sublease, license and other agreement under which the Company or any of its Subsidiaries leases, subleases, licenses, uses or occupies (in each case whether as landlord, tenant, sublandlord, subtenant or by other occupancy arrangement), or has the right to use or occupy, now or in the future, any real property.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Real Property Lease has the meaning set forth in Section 3.9(b).

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).