New Tenants definition

New Tenants means those tenants who lawfully begin residence at the Project after the date of this Agreement. New Tenants never become Current Tenants.
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New Tenants includes their successors and assigns with respect to the New Leases.
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New Tenants means (i) tenants who executed comparable leases within six (6) months prior to Tenant's exercise of the applicable Option or (ii) if no comparable lease exists within that six (6) month period, tenants who have executed comparable leases within twelve (12) months prior to Tenant's exercise of that Option. Landlord shall notify Tenant of the then prevailing market rate ("Rate Notice") promptly after Tenant's exercise of the Option; and if such rate is not acceptable to Tenant, then Tenant has the right to rescind its exercise of the Option by providing a written revocation notice to Landlord within ten (10) days of Tenant's receipt of Landlord's Rate Notice. In such case Tenant will have no further right to renew this Lease under Exhibit "E".
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Examples of New Tenants in a sentence

  • The Owner shall maintain on file, for a period of not less than three (3) years, an executed original of each New Tenant's Income Certification.

  • New Tenants must each submit a completed Tenant Application and pay a $45 application fee plus a $100 xxxxxxx payment.

  • New Tenants moving into a completely vacated (non-renewal or partial renewal) apartment have a choice on cleaning.

  • New Tenants: Each new prospective tenant must receive a notice informing about the rehabilitation Project before signing a lease or rental agreement.

  • Cash Basis (excludes periodic, contractual fixed rent increases) Renewals of Existing Leases Stores Re-leased to New Tenants (1) Average Annualized Base Rents Average Annualized Base Rents ($ per sq.

  • However, if paid by Tenants or New Tenants, Seller shall credit Purchaser with the amount thereof received by Seller from such Tenants or New Tenants, to the extent not applied to the payment obligations under the Contracts.

  • As used herein the term "New Tenant" and the term "New Tenants" includes their successors and assigns with respect to the New Leases.

  • The Tests and Studies conducted by or on behalf of Purchaser and the restoration of the Project in respect thereto as hereinafter provided shall be done in such a fashion so as to not disrupt the ordinary course of business of Seller or any of the Tenants, New Tenants (as hereinafter defined) or Seller's contractors or subcontractors.

  • Notwithstanding the foregoing, Seller shall be permitted the rights against Tenants and New Tenants as provided in the Assignment Reservation set forth in Paragraph 13.03 hereof.

  • Penalties for Submitting False InformationF.3 Security Deposits for New Tenants After ConversionFor new tenants housed after conversion, owners must collect a security deposit at the time of the initial lease execution equal to the greater of the household’s one-month total tenant payment at move-in or $50.


More Definitions of New Tenants

New Tenants means those Tenants who lawfully begin residence at the Project after the date of this Agreement.
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New Tenants means those Tenants who lawfully begin residence at the Project after the date of this Agreement. "Moderate Income Families" are persons or families whose annual incomes do not exceed 80% of AMI . "Affordable Unit" are Units where the initial rents are set at 30% of 80% of AMI or Units in which rents are at 30% of 80% of AMI and are occupied by Current Tenants that are willing to document their eligibility as Moderate Income Families as of the date of this Agreement or at a subsequent renewal.
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New Tenants means those Tenants identified on Exhibit A-5 attached hereto and made a part hereof, who have entered into leases with respect to certain demised premises within a Property, but, at the time of Closing, may not be in possession of the premises demised under its respective Lease, open for business to the public and/or paying full and unabated rent under its Lease.
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New Tenants shall be defined as any tenant of the Project whose lease first becomes in force and effect after the Effective Date of this Lease.
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New Tenants with respect to alternative locations or opportunities concerning industrial/distribution/warehouse real property for such Tenants or New Tenants, whether for purposes of leasing, selling or build-to-suit (an "Alternative Site"). In the event, during the period of Sealy's employment with Employer, any Non-Compete Party is contacted by any of the Tenants or New Tenants concerning an Alternative Site without having solicited or initiated contact, Sealy shall, and shall cause any other applicable Non-Compete Party to, immediately notify Employer of such fact and shall refer such Tenant or New Tenant to Employer. Sealy further agrees that, in the event of breach of any or all of the covenants contained in this Section 7.1, Employer shall be entitled to all available remedies against any or all of the Non-Compete Parties, at law or in equity, including, without limitation, injunctive relief, all of which remedies shall be cumulative and non-exclusive. Sealy hereby acknowledges that Employer performs one or more of the following business activities (the "Business Activities") within the parishes and counties set forth in Exhibit "C": (i) managing and operating industrial/warehouse/distribution real property assets; (ii) soliciting, meeting and negotiating with prospective tenants for occupancy in industrial/warehouse/distribution real property assets of Employer; and (iii) investigating potential acquisitions and developments of industrial/warehouse/distribution real property assets. The parties agree that, upon receipt of notice by Sealy from time to time from Employer indicating an expansion of the Business Activities to additional parish(es) or county(ies), as the case may be, the
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Related to New Tenants

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Tenants means the tenants under the Leases.

  • Subleased Premises means approximately -18;961 rentable square feet on the 141h floor of the Building, as more specifically depicted on Exhibit A attached hereto and made a part hereof. The Subleased Premises include all of the Leased Premises identified in the Prime Lease.

  • Sublessee means any Person for so long, but only so long, as such Person is in possession of the Airframe and/or any Engine pursuant to the terms of a Sublease which is then in effect pursuant to Section 7(b)(x) of the Lease.

  • Tenant means any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement.

  • Lessees SIGNATURE: DATE: PRINT NAME: LESSOR’S SIGNATURE: DATE: PRINT NAME: LESSOR’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSOR of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public My commission expires: LESSEE’S ACKNOWLEDGMENT OF NOTARY PUBLIC STATE OF County, ss. On this day of , 20 , before me appeared , as LESSEE of this Commercial Lease Agreement who proved to me through government issued photo identification to be the above-named person, in my presence executed foregoing instrument and acknowledged that they executed the same as their free act and deed. Notary Public

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • the Premises means the building or part of the building booked and referred to in the contract

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • the Building means any building of which the Property forms part.

  • Sublessor means one who conveys real property by sublease."

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Off-premises sign means a sign directing attention to a use, product, commodity or service not related to the premises upon which the sign is located.

  • the Landlord includes the person for the time being entitled to the reversion immediately expectant on the determination of the Term;

  • Existing Building means a building that (a) was in existence and completely constructed on the date that the Applicant first submitted its Application, or (b) in respect of which the IESO has, in its sole and absolute discretion, issued a written confirmation that the building will be deemed an Existing Building for the purposes of the definition of Rooftop Facility.

  • 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).

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Landlords means anyone owning an interest in the Property, whether freehold or leasehold, entitling them to possession of it upon the termination or expiry of the Tenancy and anyone who subsequently owns the Property.

  • New Building ’ means a new construction to house a complete motor vehicle as- sembly process, where that construction includes the pouring or construction of a new foundation and floor, the erection of a new frame and roof, and the instal- lation of new plumbing and electrical and other utilities;

  • Residence premises means the unit where you reside shown as the "residence premises" in the Declarations.

  • Superior Landlord means the person for the time being who owns the interest in the Premises which gives him the right to possession of the Premises at the end of the Landlord’s lease of the Premises.