Required Tenants definition

Required Tenants means (i) all Anchor Tenants; (ii) all Tenants at the Property under existing Leases demising 20,000 square feet or more; and (iii) of the remaining Tenants of the Improvements under existing Leases as of the Effective Date, those whose aggregate leased square footage equals or exceeds eighty percent (80%) of the aggregate occupied square footage of the Property under such Leases (exclusive of the square footage occupied by Anchor Tenants and Tenants under existing Leases demising 20,000 square feet or more) (it being agreed that, at current occupancy levels, eighty percent (80%) of the aggregate occupied square footage of the Property, exclusive of the square footage occupied by Anchor Tenants and Tenants under existing Leases demising 20,000 square feet or more, would equal 217,611 square feet).

Required Tenants means those Tenants commonly known as [REDACTED]. At Buyer’s request, Seller agrees to use commercially reasonable efforts to deliver to all Tenants a subordination, non-disturbance and attornment agreement (an “SNDA”) prior to Closing in a form reasonable requested by Buyer and/or Buyer’s lender; provided, however, that delivery to and receipt from any Tenant of an SNDA shall not be a condition of Closing.

Required Tenants means, the tenants identified on Schedule 1.1(3).

Examples of Required Tenants in a sentence

• In the event Seller cannot for any reason obtain the Tenant Estoppels, Seller, at its option, may satisfy the Estoppel Condition with respect to any tenant(s) other than the Required Tenants by delivering to Buyer, an estoppel certificate in the form of Exhibit J-2 attached hereto and incorporated herein by this reference for tenant(s) which (together with the estoppel certificates actually obtained from tenants) occupy all of the rentable square feet currently subject to Leases.

• Buyer shall have received Tenant Estoppel Certificates from the Required Tenants on or before two (2) Business Days prior to the Closing Date, pursuant to Section 8 below.

• Written Notice Required Tenants must give their landlord advance notice of move out as a formal written notice.

• The failure to obtain estoppel certificates from the Required Tenants shall not be a default on the part of the Seller but rather the failure of a condition precedent to Purchaser’s obligation to close, in which case, Purchaser shall have the right to waive such requirement or terminate this Agreement and received a return of the Deposit.

• Written Notice Required Tenants must give their landlord advance notice of move out as a formal written notice in Sydney.

More Definitions of Required Tenants

Required Tenants means any tenant under any Lease which demises 10,000 square feet or more in any Project.

Required Tenants means, collectively, the following tenants: Boston Bread, LLC, Harvard Business School Publishing; Bright Horizons Children's Centers, LLC; TSI Watertown, Inc.; Bard, Rao + Athanas Consulting Engineers, LLC; and Paulus, Sokolowski and Sartor, LLC; Scholastic Inc.; Roundarch Isobar, Inc.; Liaison International, LLC; Mobile Messenger Americas, Inc.; Communispace Corporation; Service Employees International Union (SEIU) Local 509; Watertown Arts Center; Syniverse ICX Corporation; and La Casa de Pedro, Inc.

Required Tenants means (i) the Anchor Tenant, (ii) all Tenants of space at the Property under Leases demising 20,000 square feet or more as of the Closing Date; and (iii) of the remaining Tenants of space at the Property as of the sixtieth (60th) day prior to the Closing Date, Tenants whose aggregate leased square footage equals or exceeds seventy percent (70%) of the aggregate leased square footage of the Property as of such 60th day (exclusive of the square footage occupied by the Anchor Tenant and Tenants under Leases demising 20,000 square feet or more).

Required Tenants means (i) all Anchor Tenants; (ii) all Tenants at the Property under existing Leases demising 20,000 square feet or more; and

Required Tenants means the following tenants: Husch & Eppenberger; Ernst & Young; MetLife; and Luciano’s.

Required Tenants has the meaning provided in Section 3.1(b)(xv).

Required Tenants means: