Subsequent Tenant definition

Subsequent Tenant means any Person that acquires title to, control of, or possession of a Hotel at or through a Foreclosure (together with any successors or assigns), including any (i) Mortgagee; (ii) purchaser or lessee of a Hotel from Mortgagee; or (iii) purchaser of a Hotel at Foreclosure.
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Subsequent Tenant means a Prospective Tenant who is proposed to be housed at the Project other than at its commencement, and as such whose tenancy is additional to those of Initial Tenants or in substitution for an Initial Tenant.
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Examples of Subsequent Tenant in a sentence

  • Section 145.230 Subsequent Tenant Unit Relocations a) As the end of the lease agreement approaches, and with the consent of the landlord, the tenant shall have a choice to remain in the current unit if the tenant wishes to do so.

  • You are responsible for payment of outstanding invoices, plus usage charges and fees to the date of cancellation, as well as any other charges or fees related to Your Services, e.g. failure to return Northwestel Equipment.

  • Subsequent TenantEquity Repayment and Return of Equity These returns were not explicitly addressed in the Term Sheet The Subsequent Tenant is limited to earn 16% IRR with a 20%share to Port afterwards and after earning the 18% IRR, surplus cash flow shall be shared at (i) 50/50% (ST/Port) thereafter.

  • Participation Rent: (Port’s Share of Project Revenues) These returns were not explicitly addressed in the Term Sheet The Subsequent Tenant is limited to earn 16% IRR with a 20% share to Port afterwards and after earning the 18% IRR, surplus cash flow shall be shared at (i) 50/50% (ST/Port) thereafter.

  • There shall be no postponement of any Commencement Date or abatement of Rent as a result of any Subsequent Tenant Work or delays in substantially completing the same, under any circumstances.

  • Further, if we observed a difference with respect to a Tenant Lease Characteristic set forth on the Subsequent Tenant Lease Data File when compared to the corresponding Tenant Lease Characteristic set forth on the Tenant Lease Data File, we were instructed to compare such Tenant Lease Characteristic to the master lease agreement, service agreement, service order, invoice or completion notice (collectively, the “Lease Agreement”).

  • Such Subsequent Tenant Work shall be subject to applicable provisions of the Lease, including Landlord’s approval of the contractors and plans for the work under Article 9 of the Lease, and all such work shall also be subject to the approval of Andcare with respect to Suite 148 and PRI and MD with respect to Suite 144 as further provided in the applicable Sublease and Subsublease.

  • County, municipal, or school district tax supported debt obligations, bond or revenue anticipation notes, money judgments, or bond or revenue anticipation notes of public trusts whose beneficiary is a county, municipality, or school district.

  • Participation Rent:(Port’s Share of Project Revenues) These returns were not explicitly addressed in the Term Sheet The Subsequent Tenant is limited to earn 16% IRR with a 20%share to Port afterwards and after earning the 18% IRR, surplus cash flow shall be shared at (i) 50/50% (ST/Port) thereafter.

  • In this particular case, the remedy of the landlord claiming double the rent may not be sufficient to protect the landlord from a claim by the Subsequent Tenant who may incur general and special damages aflowing from the fact that the landlord does not provide the Subsequent Tenant with possession of the premises effective June 1, 2008.

Related to Subsequent Tenant

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Prospective tenant means a tenant or a person who has

  • Ground Lessee means the Owner Lessor as lessee of the Ground Interest under the Facility Site Lease.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Occupancy Date means the date on which occupancy of all Units in a Project is permitted;

  • Lease Term means the term of this Lease which shall commence on the Commencement Date and continue for the period specified in Section J of the Summary.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Ground Lessor means, as to any Site, the “lessor,” “sublessor,” “landlord,” “licensor,” “sublicensor” or similar Person under the related Ground Lease.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 32 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Commercial Premises Means a place of trade or premises operated for financial gain, including but not limited to, a retirement village or a block of flats that has a common facility; a place of trade where the manufacture and production of products or produce takes place; a site where renovation, restoration and refurbishment work as described in Appendix B takes place.

  • Major Lease shall have the meaning assigned to such term in the Mortgage Loan Agreement.

  • Commencement Date means the date of this Agreement.

  • Sublessor means one who conveys real property by sublease."

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;