Definition of New Tenant

  1. New Tenant means, with respect to any Income-Producing Project for any Fiscal Quarter, a tenant of such Project which first commenced leasing its premises at such Project during the period from the second day of such Fiscal Quarter through the end of such Fiscal Quarter.

Examples of New Tenant in a sentence

  1. New Tenant Costs has the meaning ascribed to such term in Section 10.4(e).
  2. Bankruptcy and Creditor Actions; Change in Ownership of New Tenant.
  3. Business Unit Net New Sales calculated as Gross New Tenant GAAP Revenue adjusted for Churn.

Definition of New Tenant in Promissory Note Secured by Deed of Trust

New Tenant means a new tenant (or a renewal tenant) at the Property acceptable to Lender that executes a New Lease.


Definition of New Tenant in Unsecured Credit Agreement

New Tenant means, with respect to any Income-Producing Project for any Fiscal Quarter, a tenant of such Project which first commenced leasing its premises at such Project during the period from the second day of such Fiscal Quarter through the end of such Fiscal Quarter.