Leasing Criteria definition

Leasing Criteria means the standards, procedures and guidelines of the REO Subsidiary for any Lease Agreement, which are set forth in the written policies and procedures of the Sellers on behalf of the REO Subsidiary, a copy of which have been provided to Buyer and such other criteria as are identified to and approved in writing by Buyer.

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Leasing Criteria means the criteria listed on Schedule 1.1.65.

Leasing Criteria shall have the meaning ascribed thereto in Section 3.2 of this Agreement.

Examples of Leasing Criteria in a sentence

All Rental Properties shall be managed by a Property Manager and shall exceed or meet the Leasing Criteria and Tenant Underwriting Criteria.
All references in the Purchase Agreement to the Leasing Criteria shall mean and refer to the Leasing Criteria attached hereto as Schedule “2.0” and incorporated herein by reference.
Seller and Buyer have agreed to certain revisions to the Deficit Rental Agreement and Leasing Criteria.
Each Lease Agreement exceeds or meets the Leasing Criteria (including all supplements or amendments thereto) previously provided to and approved by Buyer.
Each Lease Agreement exceeds or meets the Leasing Criteria (including all supplements or amendments thereto) previously provided to and approved by Administrative Agent.
Without the prior written consent of Buyer, no Seller shall amend or otherwise modify or permit the amendment or modification of the Leasing Criteria or Tenant Underwriting Criteria in any material respect.
Buyer or its designee shall have received on or before the day of entering into additional Transactions a materially true and correct copy of the Leasing Criteria and Tenant Underwriting Criteria.
Without limiting the foregoing, in the event that a Seller makes any amendment or modification to the Leasing Criteria or Tenant Underwriting Criteria, such Seller shall promptly deliver to Buyer a complete copy of the amended or modified Leasing Criteria or Tenant Underwriting Criteria, as applicable, specifying in detail the amendments and modifications set forth therein from the previous copy delivered.
Without the prior written consent of Administrative Agent, no Seller shall amend or otherwise modify or permit the amendment or modification of the Underwriting Guidelines, Acquisition Guidelines, Leasing Criteria or Tenant Underwriting Criteria in any material respect.
The Leasing Criteria and Tenant Underwriting Criteria provided to Buyer are true and correct.

More Definitions of Leasing Criteria

Leasing Criteria. C" Form of Registration Rights Agreement "D" Form of Amendment to Summit Limited Partnership Agreement "E-1" Form of Stockholder Cash Election "E-2" Form of Partner Cash Election "F-1" Form of Rancho Issue Election "F-2" Form of Rancho Reconveyance Election "G" Terms of Reconveyance "H" Form of Assignment of Partnership Interest "I" [Reserved] "J" Prorations "K" [Reserved] "L-1" Title Exceptions - Buena Vista "L-2" Title Exceptions - Belcourt "L-3" Title Exceptions - Turtle Cove "L-4" Title Exceptions - Camino Real "L-5" Title Exceptions - Rancho Las Palmas "L-6" Title Exceptions - Los Arboles "L-7" Title Exceptions - Turtle Rock "M" Opinion of Counsel for Ewin▇ "▇" Equity Transfer Certificates "O" Opinion of Counsel for Summit "P" List of Ewin▇ ▇▇▇ckholders "Q" Required Consents "R" Environmental Reports "S" Master Lease "T" Employee Benefit Plans "U" [Reserved] "V" Principal Balances of Existing Indebtedness "W" Partners of the Partnerships "X" [Reserved] "Y" Appliances and Amenities "Z" Service Contracts and Personalty Leases "AA" List of Partnership Financial Statements "BB" [Reserved]

Leasing Criteria means, with respect to any proposed Lease, that such proposed Lease (a) is on commercially reasonable terms, (b) provides for rental rates comparable to existing local market rates and on market terms for new leases for similar premises in similar facilities located near the applicable Property and (c) does not contain any terms which would materially and adversely affect Agent's or any Lender's rights under the Loan Documents, in each case, as determined by Agent in its reasonable discretion.