MOB Tenant definition
Examples of MOB Tenant in a sentence
If Tenant determines, in its reasonable discretion, that a proposed name is likely to materially and negatively affect Tenant’s ability to lease space in the MOB, Tenant shall deliver written notice of objection to Landlord within ten (10) calendar days after receiving notice of the proposed name setting forth in detail the objection(s).
The term "MOB Tenant" shall mean Stealth L.P., a Delaware limited partnership.
Notwithstanding the foregoing, if Buyer shall be unable to collect such delinquent rents and an MOB Tenant has not tendered their delinquent rent payment to Seller, SAFECARE shall have the right, upon prior written notice to Buyer, to pursue any MOB Tenants to collect such delinquencies, but SAFECARE shall not be entitled to evict any such tenants or to terminate any such MOB Leases.
Lender acknowledges that the MOB Tenant has entered into subleases relating to the Property and the Improvements, and that copies of such subleases have been delivered to the Lender prior to the date hereof.
Borrower shall not release the MOB Tenant from any material obligations or liabilities under the MOB Lease without the prior written consent of Lender.
The term "Community Hospital Lease" shall mean that certain Lease Agreement, dated June 17, 2004, by and between Community Hospital Borrower, as landlord, and MOB Tenant, as tenant, regarding the lease of the improvements more particularly described in the Community Hospital Mortgage.
The term "MOB Lease" shall mean that certain Lease Agreement dated June 17, 2004, by and between MOB Borrower, as landlord, and the MOB Tenant, as tenant, regarding the lease of the Improvements.
Lender further acknowledges that the MOB Tenant has entered into a Management Agreement, dated May 16, 2003, with West Houston G.P. Management, LLC, relating to the management of the Improvements, a copy of which has been delivered to the Lender prior to the date hereof.
The term "MOB Lease" shall mean that certain Lease Agreement dated June 17, 2004, by and between Borrower, as landlord, and the MOB Tenant, as tenant, regarding the lease of the Improvements.
Borrower shall promptly notify Lender of the occurrence of any events of default under the MOB Lease (subject to all notice, grace and cure periods) of which Borrower has Knowledge, and shall promptly after receipt thereof provide to Lender any notices in writing from the MOB Tenant alleging that Borrower is in default under the MOB Lease.