Priority Lease definition
Priority Lease means a lease for all or any portion of the Unit executed and delivered prior to the Execution Date which grants to the tenant thereunder the right, on or about the Stated Expiration Date, to lease all or part of the Demised Premises, but which shall not include any amendments to any such leases entered into after the Execution Date which grant such tenant additional rights to lease all or any part of the Demised Premises.
Examples of Priority Lease in a sentence
In the event of any conflict among the following Lease documents (the “Documents”), the Documents shall be construed according to the following priorities: Highest Priority: Amendments to Lease (if any) Second Priority: Lease Third Priority: Addenda to the Request for Proposals (if any) Fourth Priority: Request for Proposals Fifth Priority: ▇▇▇▇▇▇'s Proposal.