Tenancy Leases definition

Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a Sale and Leaseback Transaction).
Sample 1Sample 2Sample 3
Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of any Healthcare Asset or other Real Property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a sale and leaseback transaction).
Sample 1Sample 2Sample 3
Tenancy Leases shall have the meaning set forth in Section 3.11(l).
Sample 1Sample 2Sample 3

Examples of Tenancy Leases in a sentence

  • Productivity Commission Inquiry Report The Market for Retail Tenancy Leases in Australia, No.43, 31 March 2008, p.

  • Productivity Commission (2008), The Market for Retail Tenancy Leases in Australia, Inquiry Report, March.

  • Nevertheless, one example is the enquiry by the Commission into Retail Tenancy Leases which arose as a result of tensions between shopping centre landlords and their tenants (Productivity Commission, 2008).

  • True and complete copies of the Tenancy Leases (including all amendments, modifications and supplements thereto) have been delivered to Buyer prior to the date hereof.

  • Barrett CE, Koyama AK, Alvarez P, Chow W, Lundeen EA, Perrine CG, et al.

  • Productivity Commission Inquiry Report The Market for Retail Tenancy Leases in Australia, No.43, 31 March 2008, pp.219-222 and p.2343.

  • Except as indicated in Schedule 3.11(l), none of the Tenancy Leases is subject to any mortgage, pledge, Lien, sublease, assignment, license or other agreement granting to any third party any interest therein, collateral or otherwise, or any right to the use or occupancy of any premises leased thereunder.

  • The Company has disclosed to Buyer all adverse matters known to the Company with respect to or in connection with the Company Properties (including the Company Leases and the Tenancy Leases), which would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • There does not exist under any of the Tenancy Leases any default, and, to the Company's knowledge, no event has occurred which, with notice or lapse of time or both, would constitute such a default, except as would not, individually or in the aggregate, be reasonably expected to result in a Material Adverse Effect.

  • To the Company's knowledge, except as set forth in Schedule 3.11(l), there is no pending or threatened proceeding which is reasonably likely to interfere with the quiet enjoyment of the tenant under any of the Tenancy Leases.


More Definitions of Tenancy Leases

Tenancy Leases means leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries or any of its Joint Ventures in its capacity as a lessor or a similar capacity with a third party as the lessee, licensee or other counterparty (excluding any lease entered into in connection with a Sale and Leaseback Transaction); provided, that (w) with respect to residential leases, such leases shall be on customary market terms (subject to the requirements of applicable law) as of the time of execution and delivery thereof (as determined by Borrower in good faith), (x) with respect to commercial leases for 15,000 square feet or less (or, in the case of the 77 Greenwich Property, 4,700 square feet or less), such Tenancy Lease shall be on customary market terms as of the time of execution and delivery thereof (as determined by Borrower in good faith) and (y) with respect to commercial leases for more than 15,000 square feet (or, in the case of the 77 Greenwich Property, more than 4,700 square feet) and residential leases of units at the 77 Greenwich Property, such lease is approved by the Required Lenders (which approval shall not be unreasonably withheld or delayed).
Sample 1Sample 2
Tenancy Leases means leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity with a third party as the lessee, licensee or other counterparty (excluding any lease entered into in connection with a Sale and Leaseback Transaction); provided, that (w) with respect to residential leases, such leases shall be on customary market terms (subject to the requirements of applicable law) as of the time of execution and delivery thereof (as determined by Borrower in good faith), (x) with respect to commercial leases for 15,000 square feet or less (or, in the case of the 77 Greenwich Property, 4,700 square feet or less), such Tenancy Lease shall be on customary market terms as of the time of execution and delivery thereof (as determined by Borrower in good faith) and (y) with respect to commercial leases for more than 15,000 square feet (or, in the case of the 77 Greenwich Property, more than 4,700 square feet) and residential leases of units at the 77 Greenwich Property, such lease is approved by the Required Lenders (which approval shall not be unreasonably withheld or delayed).
Sample 1Sample 2
Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by any Borrower Party or any Subsidiary of a Borrower Party in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the real property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a Sale and Leaseback Transaction).
Sample 1
Tenancy Leases means operating leases, subleases, licenses, occupancy agreements and rights-of-use entered into by the Borrower or any of its Subsidiaries in its capacity as a lessor or a similar capacity in the ordinary course of business that do not materially and adversely affect the use of the Real Property encumbered thereby for its intended purpose (excluding any lease entered into in connection with a Sale and Leaseback Transaction). “Term Loan” shall mean the term loan to the Borrower from the Term Loan Lenders in an aggregate principal amount equal to $200,000,000 on the Original Closing Date, as the same may be increased as provided in Section 2.17. The aggregate outstanding principal amount of Term Loans as of the Closing Date is $200,000,000. “Term Loan Advance” has the meaning specified in Section 2.01(b). “Term Loan Commitment” means, (a) with respect to any Lender at any time, the amount set forth opposite such Xxxxxx’s name on Schedule I hereto under the caption “Term Loan Commitment” or (b) if such Lender has entered into an Accession Agreement or one or more Assignment and Acceptances, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Lender’s “Term Loan Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05. The aggregate Term Loan Commitments of the Lenders on the Original Closing Date was $200,000,000. The aggregate Term Loan Commitments as of the Closing Date is $0. “Term Loan Facility” shall mean, at any time, the aggregate amount of the Term Loan Commitments at such time. “Term Loan Lender” means a Lender having a Term Loan Commitment, whether funded or unfunded. “Term Note” shall mean a promissory note of the Borrower payable to the order of any Term Loan Lender, in substantially the form of Exhibit A-2 hereto, evidencing the indebtedness of the Borrower to such Lender under the Term Loan Facility. “Term SOFR” means: (a) for any Interest Period with respect to a Term SOFR Advance, the rate per annum equal to the Term SOFR Screen Rate two U.S. Government Securities Business Days prior to the commencement of such Interest Period with a term equivalent to such Interest Period; provided that if the rate is not published prior to 11:00 a.m. on such determination date then Term SOFR means the Term SOFR Screen Rate on the first U.S. Government Securities Business Day immediately prior thereto; and (b) for any interest calculation with respect ...
Sample 1
Tenancy Leases shall have the meaning ascribed to such term in Section 4I(ix).
Sample 1
Tenancy Leases has the meaning set forth in Section 3.2(j).
Sample 1

Related to Tenancy Leases

  • Leases means all present and future leases, subleases, licenses, concessions or grants or other possessory interests now or hereafter in force, whether oral or written, covering or affecting the Mortgaged Property, or any portion of the Mortgaged Property (including proprietary leases or occupancy agreements if Borrower is a cooperative housing corporation), and all modifications, extensions or renewals.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.