Tenant Transfer definition

Tenant Transfer means any pledge, encumbrance, hypothecation, assignment, subletting or other transfer (whether voluntarily or by operation of law, directly or indirectly) by a Tenant, Master Sublessee or any subtenant.
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Tenant Transfer shall have the meaning given to such term in Section 16.1(a).
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Tenant Transfer means the cancellation of a tenant’s lease of a Distribution Facility owned by PEPR or a direct or indirect subsidiary of PEPR and the subsequent lease within three months of such cancellation by such tenant of another property owned directly or indirectly by ProLogis or a ProLogis Related Party or a fund managed by ProLogis or a ProLogis Related Party and including the ProLogis Private Equity Funds and the ProLogis Joint Ventures, and in which PEPR’s ownership interest is not at least equal to its interest in the original Distribution Facility.
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Examples of Tenant Transfer in a sentence

  • Tenant shall provide Landlord with a true and correct copy of the instrument effecting the Transfer on or before the date that it takes effect, except that with respect to a Related Party Tenant Transfer, Tenant shall, within fifteen (15) days after the Related Party Transfer, deliver to Landlord evidence of merger or such other evidence as is reasonably satisfactory to Landlord that such Related Party Transfer has occurred.

  • The DPS will not authorise a Tenant Transfer where the identity of the Tenant has changed.

  • A Tenant Transfer should not be used where a Tenant is leaving the Tenancy.

  • In the event that the shareholders (including their respective estates) of the Tenant or the Lease Guarantors whom hold a majority of the outstanding shares of company stock no longer own a majority of the outstanding shares of company stock, or otherwise lose their controlling interest and rights to management of the Tenant and the Lease Guarantor (a "Tenant Transfer") during the Term the provisions of this Paragraph 30 shall be null and void and of no consequence as if never included in this Lease.

  • A Tenant Transfer should only be used to reflect a change of Lead Tenant.

  • Notwithstanding anything contained in this Lease to the contrary, in no event may Tenant Transfer the Premises or sublease space in the Improvements to a party which is an Excluded Sublessee/Assignee Party, nor may any member of Tenant convey its interest to an Excluded Sublessee/Assignee Party.

  • In no event may Tenant Transfer this Lease or Transfer any portion of the Premises if there is an Event of Default.

  • A Tenant Transfer should only be used to reflect a change of Lead Tenant.

  • If Landlord exercises such right to terminate, Landlord shall be entitled to recover possession of the portion of the Premises subject to the Tenant Transfer Notice on the later of (i) the proposed date for possession by such Transferee, as set out in the Tenant Transfer Notice, or (ii) forty-five (45) days after the date of Landlord's Repossession Notice.

  • If Tenant thereafter has a specific Transfer that it wishes to complete, Tenant shall give a special written notice (a "Tenant Transfer Specification") to Landlord which notice shall state the rent at which it proposes so to Transfer and shall contain full and complete financial and business information on its intended Transferee.


More Definitions of Tenant Transfer

Tenant Transfer means either (i) a transaction with an entity into or with which the Tenant is merged, acquired consolidated or reorganized, or in connection with which all or substantially all of Tenant’s assets are transferred, by sale of stock or assets or (ii) a transaction with any entity which controls or is controlled by the Tenant or is under common control with the Tenant.
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Related to Tenant Transfer

  • Leasehold Mortgage means any leasehold deed of trust, mortgage, deed to secure debt, assignment of leases and rents, assignment, security agreement, or other security document securing financing from a lender of Tenant and encumbering Tenant’s leasehold interest in any Demised Property.

  • Successor Landlord shall have the meaning given such term in Section 20.2.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Lease means any agreement, whether written or oral, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any real property for any period of time.

  • Leasehold Mortgagee means the holder(s) of any promissory note or the obligee(s) of any other obligation secured by a Leasehold Mortgage.