Tenant Lease definition
Examples of Tenant Lease in a sentence
A true and correct electronic copy of the Rent Roll as of the Initial Closing Date setting forth, among other things, (1) a description of each Tenant, (2) the Leased Capacity for each Tenant and (3) the scheduled annual rental payments per year and gross Rent per kW for each effective Tenant Lease, has been delivered to the Indenture Trustee.
At any time after the Initial Closing Date, the Co-Issuers may (but are not required to) designate Equity Cure Contributions to be deposited into the applicable Specified Material Tenant Lease Reserve Sub-Account in accordance with Section 4.10.
Promptly after execution thereof, the Asset Entities shall deliver electronically to the Servicer executed copies of each Tenant Lease entered into after the Initial Closing Date.
If Excluded Data Centers are acquired after the Initial Closing Date by the Parent or a non-Asset Entity subsidiary or non-Obligor subsidiary of the Parent and such entity proposes to enter into a lease of the related Data Center Space with a party that is also a Tenant under a Tenant Lease, such new lease will be separate from and independent of any Tenant Lease between such party and an Asset Entity.
On the first Business Day of each Collection Period, an amount equal to the Available Terminated Tenant Lease Rent Amount for such Collection Period under each Early Terminated Tenant Lease for which an Early Termination Fee is on deposit in an Early Termination Fee Reserve Sub-Account shall be transferred from the applicable Early Termination Fee Reserve Sub-Account to the related Collection Account, at the written direction of the Servicer, to be applied pursuant to Section 5.01(a).