Pending Leases definition

Pending Leases has the meaning set forth in Section 13.2(j).

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Pending Leases shall have the meaning assigned thereto in Section 3.4(d).

Pending Leases has the meaning ascribed to such term in Section 7.1(b). “Permitted Assignee” has the meaning ascribed to such term in Section 15.2.

Examples of Pending Leases in a sentence

• Any and all leasing ------------------------------------------- commissions due and tenant improvements with respect to Leases in existence on the date hereof including the Pending Leases (as hereinafter defined in Exhibit "Q") shall be paid in full and discharged by the Partners or the Partnership or credited to Buyer at closing prior to the Close of Escrow.

• Purchaser expressly consents to Seller entering into each of the Pending Leases, provided that the final version of each Pending Lease contains economic terms which are no less favorable to the landlord than those shown on Schedule 3.

• Prior to the Close of Escrow, the ----------------------- Partnership and the Partners shall not terminate, amend or extend existing Leases, except with respect to the pending leases (the "Pending Leases") a schedule of which is attached hereto as Exhibit "Q" or with respect to agreements approved by Buyer, or enter into new leases or lease extensions without the approval of Buyer.

• Seller shall not knowingly create, suffer or permit to be created, without the prior written consent of Purchaser, to be exercised in Purchaser’s sole and absolute discretion other than as hereinelsewhere provided with respect to the Leases and the Pending Leases, and shall remove or discharge pursuant to the terms of this Agreement, any liens or encumbrances against the Properties arising subsequent to the Effective Date.

• Provided, however, the total number of Net Mineral Acres categorized as Initial Leases and Pending Leases shall not increase beyond 4,000, and such post-Closing assignments shall be consistent with Section 4.3, below.

• After Closing, Purchaser agrees to provide regular updates to ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ at ▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇▇ or such other representative of Seller as is identified in a written notice to Seller (“Seller’s Leasing Representative”) of the status of the Pending Leases, and Seller’s Representative shall have the right to participate in the weekly leasing status meetings conducted by Purchaser.

• Purchaser agrees to use good faith commercially reasonable efforts to reach a final agreement with prospective tenants with respect to the Pending Leases.

• Unless the Parties mutually agree otherwise, Buyer shall not be required to acquire and pay for, or pay interest on the acquisition cost for, any of the Pending Leases that do not meet the requirements stated above.

• Notwithstanding the foregoing, Seller shall have no approval rights over the final terms of the Pending Leases after Closing.

• The Partners shall, at the Partners' sole expense, satisfy in full all lease commissions, tenant allowances or monetary concessions and complete all alterations or other work required to be performed by the Partners under the Leases (as shown on the Rent Schedule) or the Pending Leases.

More Definitions of Pending Leases

Pending Leases means the Leases which are not fully executed and delivered as of the Closing Date as set forth on the attached Schedule "D".

Pending Leases means those Tenant Leases set forth on Schedule 8.09(a)(iv), which have been executed by the tenant thereunder, but for which, as of the date of determination, TCF Revenue payments have not yet commenced but, excluding Tenant Leases for Development Tower Sites, will commence within six (6) months of the Closing Date.

Pending Leases. Any lease not included on Schedule 2.01-1 for which a draft for payment has been issued or for which payment has been tendered prior to the Closing Date and identified on Schedule 3.02(a)(iii) for Boyne Valley, ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ Townships, Charlevoix County. Seller will be responsible for its proportionate share of the lease acquisition cost for any such lease which is included in the Purchase Price or as a Post-Closing Adjustment.

Pending Leases means the oil, gas and mineral leases described on Exhibit D, together with such additional oil, gas and mineral leases which the Parties mutually agree to include on Exhibit D for the purpose of the Closing pursuant to Section 2.5(b), and/or any subsequent Closing, and which shall be comprised of all Net Mineral Acres other than the 2,000 Net Mineral Acres of Initial Leases, up to a total of 4,000 Net Mineral Acres.