Subtenant definition

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

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Subtenant. The tenant under any Sublease.

Subtenant means a subtenant, occupant, licensee or concessionaire pursuant to a Sublease;

Examples of Subtenant in a sentence

• Any Subtenant shall have the right from time to time, without the consent of Landlord, to hypothecate, mortgage, grant or pledge its right, title or interest under its Sublease and/or its interest in any improvements installed at the Premises by such Subtenant to any party (as such mortgage may be amended, modified, replaced and/or assigned from time to time, a “Sublease Mortgage”).

• However, to the extent such Subtenant fails to achieve of the foregoing threshold commitments by such dates, Tenant may Sublease any portion of the Data Center Campus to one or more other Subtenants.

• A Sublease Mortgagee may acquire the subleasehold estate under the applicable Sublease through an affiliate of such Sublease Mortgagee (which is not also an affiliate of Subtenant).

• This summary shall include, for each Subtenant, the Subtenant’s name, the approximate square footage or capacity leased, the lease commencement and expiration dates, and the general nature of the Subtenant’s use of the premises.

• If Subtenant shall so mortgage and encumber Subtenant’s interest in its Sublease and/or in any improvements installed at the Premises by such Subtenant, the holder of such mortgage (the “Sublease Mortgagee”) shall give Landlord prompt notice of such Sublease Mortgage, together with the name and address of such Sublease Mortgagee, which notice shall be a condition precedent to such Sublessee Mortgagee having the rights set forth in this Article 15.

More Definitions of Subtenant

Subtenant. “Sublease”, “Sublease Premises”, “Sublease Commencement Date” and “Subtenant’s Rent”, respectively. As between the Parties hereto, (i) Sublandlord agrees to observe and perform the terms, covenants and conditions on its part to be observed and performed hereunder (and as Tenant under the Master Lease to the extent that such obligations are not to be performed by Subtenant hereunder) (w) which would materially and adversely impact Subtenant if not complied with, (x) which do not require for their performance possession of the Sublease Premises, (y) which are not otherwise to be performed by Subtenant hereunder, and (z) provided Subtenant complies with its obligations hereunder; and (ii) Subtenant agrees to be bound by the provisions of the Master Lease incorporated herein and to keep, observe and perform for the benefit of Master Landlord and Sublandlord each of the terms, covenants and conditions on its part to be kept, observed and performed hereunder as well as those applicable terms, covenants and conditions to be observed and performed by Sublandlord as Tenant under the Master Lease with respect to the Sublease Premises. Without limiting the foregoing, Subtenant shall not commit or permit to be committed on the Sublease Premises any act or omission which shall violate any term, covenant or condition of the Master Lease. Subtenant shall under no circumstances have any rights with respect to the Sublease Premises greater than Sublandlord’s rights as Tenant under the Master Lease.

Subtenant means a person or entity that enters into a Sublease.

Subtenant means the subtenant under a Sublease.

Subtenant means the entity identified on Exhibit C that subleases the Facility from Tenant and is the licensed operator of the Facility, individually and collectively. References in this Lease to “Subtenant” shall mean each Subtenant individually and shall relate to such Subtenant’s respective Facility unless expressly stated otherwise.

Subtenant means any tenant, assignee, subtenant, licensee, concessionaire or other occupant of the Premises (other than Tenant); and the term “sublease” shall mean any lease, assignment, sublease, license or other agreement for the use or occupancy of any such space (other than this Lease).

Subtenant means the person to whom a tenant gives the right under section 97 to occupy a rental unit; (“sous-locataire”)

Subtenant shall have the meaning set forth in the Mortgage Loan Agreement.