Successor Tenant definition

Successor Tenant. As defined in Section 36.1.

Successor Tenant. As defined in Section 9.3(b).

Successor Tenant. A tenant immediately succeeding Tenant that will provide the same or essentially the same Concession services as are awarded by this Lease. DocuSign Envelope ID: 3D69B7F0-C0A2-48D7-BAEA-EC290E626401 Support Space(s): Shall mean the non-selling locations which are intended for the support of Tenant’s operation of the Concession including, but not limited to, offices, commissary, and storage spaces. Tenant: Shall mean the legal entity that is Party and bound to the terms and conditions of this Lease. Notwithstanding Section 4.01, Tenant shall include all approved subtenants who are operating within the Leased Premises pursuant to subleases with Tenant. Any person representing Tenant, as required by the terms and conditions of this Lease, shall be an authorized official of Tenant.

Examples of Successor Tenant in a sentence

• Notwithstanding anything in the contrary in this Article XXXVI, the transfer of the Successor Assets will be conditioned upon the approval of the applicable regulatory agencies of the transfer of the Gaming Licenses and any other Gaming assets to the Successor Tenant and/or the issuance of new Gaming Licenses as required by applicable Gaming Regulations and the relevant regulatory agencies both with respect to operating and suitability criteria, as the case may be.

• Any Tenant Assets left on the Leased Assets at the end of the Term whose ownership has not been transferred to a Successor Tenant shall be deemed abandoned by Tenant and shall become the property of Landlord.

• Notwithstanding anything in the contrary in this Article XXXVI, the transfer of the Successor Assets will be conditioned upon the approval of the applicable regulatory agencies of the transfer of the Gaming Licenses and any other Successor Assets to the Successor Tenant and/or the issuance of new Gaming Licenses as required by applicable Gaming Regulations and the relevant regulatory agencies both with respect to operating and suitability criteria, as the case may be.

• If any such Tenant Assets are leased (rather than owned) by Tenant (or its Subsidiaries), Tenant shall use commercially reasonable efforts to ensure that the lease agreements pursuant to which Tenant (or its Subsidiaries) leases such Tenant Assets are assignable to third parties in connection with any transfer by Tenant (or its Subsidiaries) to a Successor Tenant at the end of the Term.

• Experts of such SDIC are experts of the Drafting Teams which have been working on the INSPIRE Implementing Rules.

More Definitions of Successor Tenant

Successor Tenant means: (1) any purchaser, transferee, or assignee of the Leasehold Estate pursuant to a Foreclosure Event, including Leasehold Mortgagee or its successor, assignee, designee or nominee (if applicable); and (2) such purchaser’s, transferee’s, or assignee’s direct and indirect successors and assigns.

Successor Tenant has the meaning ascribed to such term in Section 20.4(b) hereof. "Surety Bond" means a surety company payment and performance bond, in form and substance and issued by a surety company licensed in the State guaranteeing to Landlord (and to such other Persons as Tenant shall determine appropriate) Builder’s completion of such Construction, in accordance with the contract with Builder, fully paid and free and clear of all liens, encumbrances, security interests, and other charges, except as this Lease permits. Such Surety Bond shall be in an amount equal to at least 110% of the cost (as estimated by Tenant’s State licensed architect) of all materials and labor for any Construction for (a) any and all Improvements which may be required within dedicated rights of way and/or public facility easements, and (b) public works as described in section 255.05, Fla. Stat. (2012), as same may be amended from time to time for all public works.

Successor Tenant means (i) any entity that purchases all or substantially all (at least eighty-five percent (85%)) of the assets of Tenant, or (ii) the resulting entity of a merger or consolidation of Tenant with another entity.

Successor Tenant has the meaning set forth in Section 8.10.

Successor Tenant. As defined in Section 36.1. ACTIVE/119768607.18

Successor Tenant means: (1) any assignee, purchaser, or transferee of the Leasehold Estate through a Foreclosure Event, including a Leasehold Mortgagee; and (2) such purchaser's, transferee's, or assignee's direct and indirect successors and assigns. Any Successor Tenant shall have all the rights and obligations of Tenant under this Lease, subject to the Nonrecourse Clause. TEMPORARY CONDEMNATION. A "TEMPORARY CONDEMNATION" shall mean a Condemnation of the temporary right to use or occupy all or part of the Premises. TENANT'S CURE PERIOD EXPIRATION NOTICE. A "TENANT'S CURE PERIOD EXPIRATION NOTICE") shall mean a Notice, from Landlord to all Leasehold Mortgagees, that for any particular alleged Default: (1) states that Tenant's cure period has expired; (2) describes such alleged Default in reasonable detail; (3) cites the provision of this Lease under which such alleged Default arose; and (4) specifies the duration of the relevant Leasehold Mortgagee's Cure Rights. For all Leasehold Mortgagees, any Tenant's Cure Period Expiration Notice shall become effective only when Landlord has delivered it to all Leasehold Mortgagees. Landlord need not deliver sequential Tenant's Cure Period Expiration Notices to multiple Leasehold Mortgagees.

Successor Tenant means any Tenant who leases at least 85,211 square feet of the Net Rentable Square Footage (which represents an amount equal to thirty percent (30%) of the Net Rentable Square Footage) pursuant to one or more Leases to such Tenant and/or any Affiliate of such Tenant.