Leasing Condition definition

Leasing Condition shall have the meaning set forth in Section 4.3(b).
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Leasing Condition means, with respect to any Property, (i) that such Property has been leased to an Eligible Tenant pursuant to an Eligible Lease, (ii) all leasing costs and commissions in respect thereof have been paid in full and (iii) the applicable Borrower has received the first monthly rent payment under the Eligible Lease for such Property.
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Leasing Condition. The leasing of 40,000 square feet of space at the Project over and above the square footage leased as of the Effective Date pursuant to Existing Leases to tenants who have accepted their premises, taken possession of their premises and begun paying full rents under their Leases.
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Examples of Leasing Condition in a sentence

  • At any time when Tenant satisfies the Exclusive Signage Occupancy Condition but does not satisfy the Exclusive Signage Leasing Condition, Landlord shall only have the right to permit other tenants and occupants of the Building to install monument or placard signs similar to the monument or placard signs existing on the exterior of the Building along First Street as of the Execution Date.

  • In the event that the Leasing Condition is satisfied and WELP fails to contribute the WELP Earnout as provided in this Agreement, then PGRLP ▇▇▇▇l have such rights and remedies with respect thereto as are provided in the Operating Agreement, and in that certain guaranty made by Estein & Associates, Ltd.

  • Notwithstanding the foregoing provisions of this Article 3, at Closing WELP will withhold the WELP Earnout which will be ▇▇▇▇ributed to Dearborn C▇▇▇▇r only at such time as the Leasing Condition is met.

  • Once the Leasing Condition is satisfied, WELP's Invested Equity will increase by $9,800,000.0▇ (▇rovided WELP contributes the WELP Earnout) and PGRLP's Invested Equ▇▇▇ will increase by $▇,▇00,000.00.

Related to Leasing Condition

  • Closing Conditions shall include, but are not limited to, SI Securities determining in its sole discretion that at the time of a closing, the Minimum Offering has been met, the investment remains suitable for investors, investors have successfully passed ID, KYC, AML, OFAC, and suitability screening, and that Issuer has completed all actions required by it as communicated by SI Securities at the time of a closing.

  • Normal Operating Conditions means those Service conditions which are within the control of Grantee. Those conditions which are not within the control of Grantee include, but are not limited to, natural disasters, civil disturbances, power outages, telephone network outages, and severe or unusual weather conditions. Those conditions which are ordinarily within the control of Grantee include, but are not limited to, special promotions, pay-per-view events, rate increases, regular peak or seasonal demand periods, and maintenance or upgrade of the Cable System.

  • Termination Conditions means, collectively, (a) the payment in full in cash of the Obligations (other than (i) contingent indemnification obligations not then due and (ii) Obligations under Secured Hedge Agreements and Secured Cash Management Agreements) and (b) the termination of the Commitments and the termination or expiration of all Letters of Credit under this Agreement (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized on terms reasonably acceptable to the applicable Issuing Bank, backstopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank).

  • Financing Conditions means the conditions precedent to the Debt Financing explicitly set forth in the Debt Commitment Letter as in effect on the date hereof or as amended in accordance with the terms hereof.

  • Funding Conditions With respect to any proposed Funding Date, the following conditions: