Leasing Services i. Manager shall perform leasing services for the Premises, including, but not limited to, hiring all third-party brokers, negotiating contracts with such brokers, tracking leasing progress on all assets and determining when to terminate and replace third-party brokers. Commissions paid to third-party brokers shall be an expense of the Premises and charged to Owner.
Leasing Services a. Market Rental Property;
Leasing Services. Each Owner hereby authorizes Property Manager to perform those services necessary for the leasing of such Owner’s Property; provided that the Property Manager shall not execute any leases on any of the Owner’s behalf. The final form of any lease shall be subject to the applicable Owner’s approval.
Leasing Services. Owner has appointed Manager as its exclusive agent to perform the following brokerage services related to the Property. Compensation to be paid by Owner to Manager for the following services is specified in Schedule B.
Leasing Services. Promptly following notice of any impending vacancy, Glenborough shall use diligent efforts to secure a replacement tenant on a commercially reasonable and competitive basis. Glenborough may, at its discretion, secure the services of one or more third party leasing agents to act on behalf of Rancon, and shall make every reasonable effort to procure and keep desirable tenants for the Property, at the expense of Rancon. All leases shall be prepared in the name of Rancon and shall be executed by Glenborough as attorney in fact for Rancon.
Leasing Services. Manager acknowledges that the Property is, as of the date hereof, subject to the leases described on Schedule 3.19 attached hereto and by this reference made a part hereof (the “Existing Leases”). Following the expiration or sooner termination of the Existing Leases, Manager shall negotiate and cause to be prepared new leases of space in the Property as well as renewals or extensions of leases (“Space Leases”). Manager shall use its reasonable best efforts to ensure that the Space Leases contain rental rates that are at the highest possible level consistent with the then-current general state of the commercial real estate market in the area, but in no event, without all approvals required herein, less than the rate specified in the applicable standard business terms prescribed by Owner’s Representative. All Space Leases (i) shall be on Owner’s standard form of lease/rental agreement; and (ii) shall be in conformity with the then current standard business terms prescribed by Owner’s Representative for each Property as set forth in written directives submitted to Manager; provided, however, Owner shall have the right to change the standard form of lease/rental agreement, the standard business terms and the use restrictions and tenant covenants at any time and from time to time by delivering written notice thereof to Manager. The standard business terms referred to in clause (ii) above shall include, but may not necessarily be limited to, base rental rates, rental adjustment terms, any permitted rent concessions, terms of tenant tax and operating expense contributions and reimbursements, minimum and maximum lease terms and renewal options, maximum permissible square foot area of space that may be leased to a single tenant or one or more related tenants, and allowable tenant improvement allowances and terms of tenant improvement build-outs. All Space Leases shall be executed by Owner’s Representative or by such other person or persons as may be designated by Owner in writing from time to time. No Space Lease which does not comply with the requirements of subsections (i), (ii) and (iii) above, or has terms or provisions which deviate from or which omits any term or provision required by clauses (i), (ii) and (iii) or any of the standard business terms applicable to the Property to which such Space Lease relates, may be entered into unless Manager first submits such Space Lease to Owner’s Representative for review, and such Space Lease has been approved in writi...
Leasing Services. The Manager shall be entitled to retain, on behalf of the Property Owner, the Leasing Agents for leasing services in accordance with, and subject to, a leasing services agreement substantially in the form of the Leasing Services Agreement Form. The leasing commissions payable to the Leasing Agents with respect to the Properties shall not, except as otherwise approved by the Members, exceed the amounts set forth in Exhibit G attached hereto and made a part hereof. Any leasing services agreement entered into by Manager on behalf of the Property Owner must grant the Property Owner the right to cancel the same upon (a) 30 days’ written notice for any reason or for no reason whatsoever, and (b) upon written notice for cause or following removal of Manager Member as the Manager.
Leasing Services. The Landlord provides the leased property to the Tenant under the terms and conditions in this Agreement and right of way and other rights (if any) on the buildings as referred to in Appendix 1, as well as any other rights on the leased property, right of way and prospective right of way and privilege, and provides leasing services to the Tenant as per Article 1.3 during the Lease Term; the Tenant shall pay rent, management fees and other payables to the Landlord as per the payment terms specified in Article 5 of this Agreement during the Lease Term.
Leasing Services. At the request of Owner, Property Manager shall provide the following leasing services.
Leasing Services. (a) Subject to Section 2.5, Manager shall have the exclusive right to act as Owner's leasing agent in connection with the leasing of space in the Property on the terms and conditions hereinafter set forth. In negotiating each Tenant Lease, renewal, extension, relocation (subject to any applicable site plan limitations or restrictions), expansion, amendment, assignment and termination, Manager shall use its best efforts to obtain the best available terms for Owner to maximize for Owner the long-term net income from the Property.
