Tenant Inducements definition

Tenant Inducements means any and all free rent, allowance(s) to Tenant for any Improvements, and any forbearance or waiver in enforcing any of Tenant’s obligations under the Lease.
Tenant Inducements with respect to any assignment or sublease, shall mean the sum of all tenant inducements (by way of example only, direct payments, work allowances and workletters) paid or incurred to the assignee or the subtenant in connection therewith (and, in the case of any such tenant inducement not paid in cash, shall refer to the dollar value thereof).
Tenant Inducements means any allowances, inducements, or rent-free periods;

Examples of Tenant Inducements in a sentence

  • All unpaid Leasing Commissions, unpaid Tenant Inducements Costs and Security Deposits under the Leases (to the extent not applied to delinquencies, provided the landlord has no future obligation to pay back such amounts to any such applicable Tenants) shall be credited to Buyer and/or its assign at the Closing.

  • If Tenant defaults hereunder, in addition to all other remedies to which Landlord may be entitled under law or in equity, Tenant shall reimburse Landlord an amount equal to the unamortized Tenant Inducements amortized over a 150-month period commencing on the Commencement Date.

  • For all purposes under this Lease, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be amortized over the initial Term of this Lease and any unamortized amounts (or value) thereof will be deemed to be additional rent then immediately due and payable.

  • Purchaser agrees not to unreasonably withhold or delay its consent and approval of the credit worthiness of the Prospect or of such terms, provisions and conditions, provided the same are reasonably consistent with the Leases and New Leases (or does not violate any provision thereof) in respect to (i) rental rates and proposed Tenant Inducements for comparable space within the Project for Prospects of comparable net worth, (ii) duration of lease term, and (iii) exclusive uses proposed for the Prospect.

  • All unpaid Leasing Commissions, unpaid Tenant Inducements Costs and Security Deposits under the Leases shall be credited to Buyer at the Closing.

  • For all purposes, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be deemed void as of the date hereof as though such had never been included, and the aggregate amounts (or value) thereof will be deemed to be additional rent then immediately due.

  • Notwithstanding the foregoing, subsequent to the applicable Closing Date, Seller and Seller's agents, contractors and subcontractors shall have access to such portions of the Project necessary and convenient to commence and/or complete (i) the Punchlist Work; (ii) Unacceptable Conditions; (iii) Seller's New Lease Obligations; (iv) incomplete tenant improvement work under Leases; (v) Warranty Work; and (vi) Tenant Inducements (collectively in respect to clauses (i) through (vi), "Post Closing Work").

  • If Tenant has exercised its option under this Section 18.12, Landlord will prepare a lease modification agreement to amend this Lease by changing the Basic Rent to reflect the prevailing market rent and market rate, along with the Tenant Inducements.

  • For all purposes, upon the occurrence of any default and the lapse of the applicable cure period, if any, any Tenant Inducements shall be deemed void as of the date hereof as though such had never been included.

  • Tenant Inducements, Vacancy Loss, and Bad Debt Expense on Residential Suites and Sites($ Thousands) Three Months Ended Six Months Ended June 30 June 30 (1) As a percentage of total operating revenues.(2) Includes tenant inducements for commercial leases.


More Definitions of Tenant Inducements

Tenant Inducements means all benefits expressly afforded to a tenant or subtenant, whether as a tenant improvement allowance, moving expense allowance, lease buy-out or other economic benefit.
Tenant Inducements means all costs paid or obligations incurred in connection with inducing a tenant to enter into a lease at a Property, including, without limitation, any moving costs, costs in connection with the assumption of a tenants' lease obligations at a location other than the Property and the obligations under such lease, and other payments to or on behalf of a tenant.
Tenant Inducements means costs or obligations in the nature of a tenant inducement, including tenant improvement allowances, tenant improvement commitments (including required landlord capital improvements), moving commitments or allowances, space design commitments or allowances, lease buyout costs and free rent.
Tenant Inducements. Tenant's current lease for 4261 rentable square feet which expires September 30, 2001 would be terminated and a new lease would be prepared on this proposal.

Related to Tenant Inducements

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Tenant means any Person leasing, subleasing or otherwise occupying any portion of the Property under a Lease or other occupancy agreement with Borrower.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Master Leases means the PropCo Master Leases and each other Material Master Lease.