Office Leasing Commissions definition

Office Leasing Commissions means reasonable and customary commissions paid in connection with a Qualified Office Lease to a real estate broker licensed in the State, under commission agreements containing such terms and provisions as are then prevailing between third party, unaffiliated owners and brokers for comparable leases of space at properties similar to the Office Unit in the market area in which the Office Unit is located.
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Examples of Office Leasing Commissions in a sentence

  • Disbursements for Office Leasing Commissions for new Qualified Office Leases and renewals of Qualified Office Leases shall not exceed amounts customarily payable for such type of lease and space and quality of tenant in the Austin, Texas.

  • Borrower shall perform and pay, or cause to be performed and paid, all Office Tenant Improvements, Office Leasing Commissions and Office Leasing Costs in accordance with the applicable Qualified Office Leases, construction, brokerage and other agreements, and the Loan Documents.

Related to Office Leasing Commissions

  • Leasing company means that term as defined in 49 USC 14504a.

  • Planning Commission means the City’s Planning Commission.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Property Management Agreement means any Property Management Agreement between the Company and the Property Manager.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Lease Agreements shall have the meaning set forth in Section 3.14.

  • Selling Commissions means any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to the Dealer Manager.

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Net Lease means a lease in which the tenant undertakes to pay all or substantially all the cash expenses, excluding debt service, related to the leased property.

  • Public Service Commission means the Public Service Commission constituted under this Constitution;

  • Wet Lease means any arrangement whereby Owner or a Permitted Lessee agrees to furnish the Aircraft, Airframe or any Engine to a third party pursuant to which the Aircraft, Airframe or Engine shall at all times be in the operational control of Owner or a Permitted Lessee, provided that Owner’s obligations under the Trust Indenture shall continue in full force and effect notwithstanding any such arrangement.

  • Real estate salesperson means an individual who for compensation or valuable consideration is employed either directly or indirectly by a licensed real estate broker to sell or offer to sell, buy or offer to buy, provide or offer to provide market analyses of, list or offer or attempt to list, or negotiate the purchase, sale, or exchange of real estate; to negotiate the mortgage of real estate; to negotiate for the construction of a building on real estate, or to lease or offer to lease, or rent or offer for rent, real estate; who is employed by a real estate broker to engage in property management; or who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others, as a whole or partial vocation.

  • Michigan state housing development authority means the public body corporate and politic created by Section 21 of the State Housing Development Authority Act of 1966, 1966 PA 346, MCL 125.1421.