Major Tenants definition

Major Tenants has the meaning ascribed to such term in Section 7.2.
Major Tenants means Tenant with a leasable square footage equal to or greater than 4,000 square feet. Each of the Required Estoppel Certificates shall (a) be executed by the Tenant on the required form without modification, except such modifications that are acceptable to Purchaser in its reasonable determination, (b) be dated no more than thirty (30) days before Closing, (c) confirm the material economic terms of the Lease as described on the attached Initial Rent Roll and in the Leases, (d) state no claim of offset by the Tenant, and (e) not claim any breach or default by Seller under the Lease and not claim any circumstance which would with the giving of notice or passing of time be a breach or default by Seller under any Lease within the aforesaid time period; provided, however, if a form of Estoppel Certificate is attached to or otherwise prescribed in an applicable Lease, then such form shall be deemed to be acceptable to Purchaser so long as such Estoppel Certificate contains no material adverse information or information inconsistent with the applicable Lease, the Initial Rent Roll or the representations of Seller set forth in this Agreement. Seller shall deliver to Purchaser copies of all Estoppel Certificates (or comments thereto) received by Seller within three (3) business days of receipt (or at Closing, if sooner). In the event any Tenant delivers an Estoppel Certificate that is materially inconsistent with the matters set forth in subclauses (a) through (e) (each a “Defective Estoppel”), and Seller is unable to obtain a conforming Estoppel Certificate from such Tenant before the Closing to replace the Defective Estoppel, Purchaser shall have the right to terminate this Agreement and receive a return of its Deposit, in which event this Agreement shall terminate and the parties shall have no further rights or obligations hereunder except as may expressly survive such termination. ​
Major Tenants means those certain Tenants representing or leasing 50,000 square feet or more in any one Property excluding the GSA.

Examples of Major Tenants in a sentence

  • SouthParkNC Ownership Interest Year Built (Expiration if Legal OrWorldReginfo - c8687a6b-4a06-46d3-9b39-67b8a15afb4dProperty Name State City (CBSA) Lease) (3) Ownership Acquired Occupancy (5) Total GLA Retail Anchors and Selected Major Tenants Premium Outlets1.

  • Dover MallDEDoverFee and Ground68.1 % (4)Acquired 200791.5 %928,194Macy's, JCPenney, Boscov's, Sears, Carmike Cinemas, Dick'sLease (2041) (7)Sporting Goods OwnershipInterest Year Built(Expiration if Legal orWorldReginfo - c8687a6b-4a06-46d3-9b39-67b8a15afb4dProperty Name State City (CBSA) Lease) (3) Ownership Acquired Occupancy (5) Total GLA Retail Anchors and Selected Major Tenants 28.

  • Emerald SquareMANorth Attleboro (Providence,Fee56.4 % (4)Acquired 199988.3 %1022435Macy's (9), JCPenney, Sears Property Name State City (CBSA) Ownership Interest (Expiration if Lease) (3) WorldReginfo - c8687a6b-4a06-46d3-9b39-67b8a15afb4d Ownership Interest Year Built (Expiration if Legal orWorldReginfo - c8687a6b-4a06-46d3-9b39-67b8a15afb4dProperty Name State City (CBSA) Lease) (3) Ownership Acquired Occupancy (5) Total GLA Retail Anchors and Selected Major Tenants 84.

  • The existing tenancy agreements have a remaining weighted average tenure of 5.0 years and 10.4 years for Major Tenants in Pluit Village and Medan Fair, respectively.

  • Anchor and Major Tenants however, are permitted secondary signage (“Pharmacy”, “Photos”, “Open 24 Hrs”, “Kitchen” logo, “Western Union” and the like) when it forms part of a recognized corporate logo or slogan and/or identifies an independent lease space within the anchor space.


More Definitions of Major Tenants

Major Tenants mean those Tenants set forth on EXHIBIT N annexed hereto. The Tenant Estoppel Certificates shall be substantially in the form of and upon substantially the terms set forth on EXHIBIT O annexed hereto. The Owners shall deliver the original executed Tenant Estoppel Certificates to Cedar as and when the same shall be delivered to the Owners, but in no event later than two (2) Business Days prior to the Closing Date. If any Tenant Estoppel Certificate shall have been modified or qualified in any fashion that, individually or in connection with other Tenant Estoppel Certificates, reveals facts, conditions or circumstances which result or may result in a material adverse change in the financial condition of the Property, or are inconsistent in any material respect with the representations of the Owners set forth in Section 4.1 above, then Cedar may disapprove the same (such disapproved Tenant Estoppel Certificates, the "Unacceptable Certificates") by notice delivered to the Owners promptly following Cedar's receipt of such Unacceptable Certificate, and, for purposes of establishing whether the Estoppel Condition has been satisfied, any Unacceptable Certificates shall be deemed not to have been received.
Major Tenants means the Tenants set forth on SCHEDULE 15 hereto.
Major Tenants has the meaning set forth in Section 8.2.5.
Major Tenants means any tenant of the Building leasing premises with a total Rentable Area equal to or greater than 10,000 square feet and any other tenant of the Building designated by the Landlord as a Major Tenant.
Major Tenants. As to any Major Lease, those tenants that are parties to that Major Lease and any guarantors of those tenants.
Major Tenants and "Material Tenant" Any Tenant and Tenants, as the context may require, occupying more than 7,500 square feet in any of the Properties or ground leasing any real property at any of the Properties listed in Sellers Disclosure Schedule.
Major Tenants means the Tenants identified on Schedule 3, attached hereto.