Definition of Tenant Lease Assignment

  1. Tenant Lease Assignment means an assignment and assumption of the Tenant Leases (other than a Ground Lease), substantially in the form of Exhibit F hereto, pursuant to which the applicable Seller's right, title and interest in and to each of the Tenant Leases for a Property are assigned to, and such applicable Seller's obligations thereunder are assumed by, Purchaser, effective as of the Closing Date.

Examples of Tenant Lease Assignment in a sentence

  1. In no event (1) may Purchaser assert damages hereunder unless such Purchaser Claims exceed, in the aggregate, $100,000 or more and (2) may Purchaser Claims in the aggregate exceed, and in no event will Sellers liability therefor exceed, in the aggregate, (including Sellers liabilities under the Tenant Lease Assignment or any other Closing Document) $7,500,000.

Definition of Tenant Lease Assignment in Purchase and Sale Agreement

Tenant Lease Assignment means an assignment and assumption of the Tenant Leases (other than a Ground Lease), substantially in the form of Exhibit F hereto, pursuant to which the applicable Seller's right, title and interest in and to each of the Tenant Leases for a Property are assigned to, and such applicable Seller's obligations thereunder are assumed by, Purchaser, effective as of the Closing Date.