Tenanting Costs definition

Tenanting Costs means costs incurred by Borrower in connection with the leasing of a Property, including brokerage commissions, free rent, tenant improvements and related costs and expenses. "TENANTING COSTS RESERVE ACCOUNT" means, collectively, one or more interest-bearing accounts to be established and maintained by Borrower at the offices of Agent located at 280 Park Avenue, New York, New York, each in the name of "Bankers Tru▇▇ ▇▇▇▇▇▇▇ -- ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Reserve Account," with such additional identifying references in such name as Borrower and Agent shall agree.
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Tenanting Costs means costs incurred by Borrower in connection with the leasing of a Property, including brokerage commissions, free rent, tenant improvements and related costs and expenses.
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Examples of Tenanting Costs in a sentence

  • Agent shall release funds to Borrower from the Tenanting Costs Reserve Account following delivery to Agent of invoices and such supporting documentation as Agent shall reasonably require for Tenanting Costs which have been actually incurred by Borrower.

  • Borrower shall be properly maintaining the Tenanting Costs Reserve Account.

  • Lender shall release funds to Borrower from the Tenanting Costs Reserve Account following delivery to Lender of invoices and such supporting documentation as Lender shall reasonably require for Tenanting Costs which have been actually incurred by Borrower.

  • Seller shall be responsible for any leasing commissions, tenant improvement costs and allowances, and other out of pocket costs (collectively, “Tenanting Costs”) relating to any Leases existing as of the Date of this Agreement, and Purchaser shall be responsible for any Tenanting Costs relating to any Leases executed on or following the Date of this Agreement, and any such costs shall be subject to adjustment and appropriate credits or charges at Closing.

  • Borrower has directed Agent to fund and Agent has funded the Tenanting Costs Reserve Account by disbursing a portion of the proceeds of the Loans in the amount shown on SCHEDULE 5.7 as the "Initial Deposit" and depositing such proceeds into the Tenanting Costs Reserve Account.

  • Borrower hereby directs Lender to fund the Tenanting Costs Reserve Account by disbursing a portion of the proceeds of the Loan in the amount shown on Schedule 5.7 as the "Initial Deposit" and depositing such proceeds into the Tenanting Costs Reserve Account.

  • Borrower shall have established the Rent Reserve Account and Tenanting Costs Reserve Account.