Anchor Tenant Clause Samples

The Anchor Tenant clause designates a specific major tenant in a commercial property, often a well-known retailer or business, whose presence is considered vital to the success of the property. This clause typically outlines the rights and obligations of both the landlord and the anchor tenant, such as special rental terms, signage rights, or the ability to terminate the lease if the anchor tenant vacates. Its core function is to provide stability and attract other tenants by ensuring that a key tenant remains in place, thereby maintaining the property's value and appeal.
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Anchor Tenant. Upon receipt from Horizon of its approval to commence negotiations with a potential tower space licensee who will be the first and primary licensee at a Tower Site (the “Anchor Tenant”) Service Provider shall approach possible Anchor Tenants and negotiate the business terms of a tower space license between Horizon and the Anchor Tenant (the “Anchor Tenant License”) using Horizon’s approved form of tower space license. Service Provide shall keep Horizon informed with respect to the negotiations and provide Horizon with all drafts of the Anchor Tenant License for Horizon’s review and approval. Unless otherwise approved in writing by Horizon, the Anchor Tenant License shall be for a minimum term of five (5) years. All Anchor Tenant Licenses are subject to the final review and approval of Horizon, in its sole discretion. Horizon may, in its sole discretion, determine whether it will enter into an Anchor Tenant License negotiated by Service Provider with an Anchor Tenant.
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Anchor Tenant. If property in any part of the premises a) is damaged by any cover insured and, as a direct result, any agreements for leases are terminated or other loss of tenancy or delay in completion of the letting of other parts of the premises occurs solely in consequence; and
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Anchor Tenant. Location: On building wall, centered above main entry doors. In "zone" designated by landlord's architect (see Exhibit F, below). Sign may not come within 2'-0" of the top, bottom and sides of this zone. In no case may the sign extend beyond the roof parapet. Sky[illegible]ge Zone Determined by CenterPointe Architect. [GRAPHIC OMITTED] EXHIBIT F N.T.S.
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Anchor Tenant. In the event that Parcel 10 of the Shopping Center, as more particularly described on the site plan attached hereto as Exhibit "B" and incorporated herein by reference (occupied by Lucky's Supermarket on the Effective Date of this Lease), is vacant for a period of eighteen (18) or more consecutive calendar months during the Term ('Vacancy Period"), and Lessor has not otherwise entered into a new lease with a new anchor tenant to occupy Parcel 10 prior to the expiration of the Vacancy Period, provided Lessee is not in default under this Lease, Lessee shall have the right to terminate this Lease upon the terms and conditions set forth herein ("Termination Right"
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Anchor Tenant. Owner represents and warrants to Developer that (a) it intends to enter into a lease of a portion of the Commerce Building with the Anchor Tenant (as redacted as provided in the following clause (b), the “Anchor Tenant Lease”), and (b) a true, complete, current and accurate copy of certain excerpts from the Anchor Tenant Lease related to the liability of Owner for late delivery of the premises to the Anchor Tenant is attached hereto as Schedule 2 (the “Anchor Lease Excerpt”) in accordance with Section 3.2.14 of the Development Agreement. In accordance with said Section 3.2.14, Developer hereby acknowledges that it has reviewed and consents to the Anchor Lease Excerpt, and agrees to indemnify and hold harmless Owner in accordance with the terms and conditions of Section 3.2.14 of the Development Agreement for any liability of Owner to the Anchor Tenant to the extent arising out of the provisions of the Anchor Lease Excerpt, excluding, however, subsections 25.27.4 and 25.27.5 thereof, due to failure of Developer for any reason, other than Force Majeure delay or Owner Delay, to Substantially Complete the Commerce Project in accordance with the Project Schedule. Developer also hereby acknowledges that it has reviewed and consents to the applicable remedies provisions set forth in Section 25.27 of the Anchor Tenant Lease as shown on the Anchor Lease Excerpt and agrees to indemnify and hold harmless Owner for any liability of Owner to the Anchor Tenant due to a failure by Developer to provide any of the Required Amenities, excluding, however, subsections 25.27.4 and 25.27.5 thereof. At least fifteen (15) days prior to entering into any amendment to the Anchor Tenant Lease directly or indirectly relating to the provisions of the Anchor Tenant Lease relating to the foregoing indemnity, including, without limitation, the scope or definition of Landlord’s Work, Delivery Date, Delay Days, Base Condition or Required Amenities, as defined therein, or the liability of Owner for delivery of the premises under the Anchor Tenant Lease (each of which may be referred to as an “Indemnity-Related Provision”), Owner shall provide Developer written notice of such proposed amendment to any Indemnity-Related Provision for Developer’s approval, such approval not to be unreasonably withheld, conditioned or delayed. Should Developer fail to respond in writing to Owner within 5 days after receipt of such notice, Developer shall be deemed to have granted its approval to the amended Ind...
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Anchor Tenant. Upon receipt from MDI of its approval to commence negotiations with a potential tower space licensee who will be the first and primary licensee at a Tower Site (the “Anchor Tenant”) Service Provider shall approach possible Anchor Tenants and negotiate the business terms of a tower space license between MDI and the Anchor Tenant (the “Anchor Tenant License”) using MDI’s approved form of tower space license. Service Provide shall keep MDI informed with respect to the negotiations and provide MDI with all drafts of the Anchor Tenant License for MDI’s review and approval. Unless otherwise approved in writing by MDI, the Anchor Tenant License shall be for a minimum term of five (5) years. All Anchor Tenant Licenses are subject to the final review and approval of MDI, in its sole discretion. MDI may, in its sole discretion, determine whether it will enter into an Anchor Tenant License negotiated by Service Provider with an Anchor Tenant.
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Related to Anchor Tenant

  • Tenant Tenant shall not make any alterations to or modifications of the Leased Premises or construct any improvements within the Leased Premises until Landlord shall have first approved, in writing, the plans and specifications therefore, which approvals shall not be unreasonably withheld or delayed. Landlord's consent shall not be required for non-structural interior improvements costing less than $10,000 in any calendar year. Plans are required. All such modifications, alterations or improvements, once so approved, shall be made, constructed or installed by Tenant at Tenant's expense (including all permit fees and governmental charges related thereto), using a licensed contractor first approved by Landlord, in substantial compliance with the Landlord approved plans and specifications therefore. All work undertaken by Tenant shall be done in accordance with all Laws and in a good and workmanlike manner using new materials of good quality. Tenant shall not commence the making of any such modifications or alterations or the construction of any such improvements until (i) all required governmental approvals and permits shall have been obtained, (ii) all requirements regarding insurance imposed by this Lease have been satisfied, (iii) Tenant shall have given Landlord at least five business days prior written notice of its intention to commence such work so that Landlord may post and file notices of non-responsibility, and (iv) if requested by Landlord, Tenant shall have obtained contingent liability and broad form builder's risk insurance in an amount reasonably satisfactory to Landlord to cover any perils relating to the proposed work not covered by insurance carried by Tenant pursuant to Article 9. In no event shall Tenant make any modifications, alterations or improvements whatsoever to the Outside Areas or the exterior or structural components of the Building including, without limitation, any cuts or penetrations in the floor, roof or exterior walls of the Leased Premises without Landlord's approval which shall not be unreasonably withheld. As used in this Article, the term "modifications, alterations and/or improvements" shall include, without limitation, the installation of additional electrical outlets, overhead lighting fixtures, drains, sinks, partitions, doorways, or the like.

  • LANDLORD The covenants and obligations contained in this Lease on the part of Landlord are binding on Landlord, its successors, and assigns only during their respective period of ownership of an interest in the Building. In the event of any transfer or transfers of such title to the Building, Landlord (and, in the case of any subsequent transfers or conveyances, the then grantor) shall be concurrently freed and relieved from and after the date of such transfer or conveyance, without any further instrument or agreement, of all liability with respect to the performance of any covenants or obligations on the part of Landlord contained in this Lease thereafter to be performed.

  • Lessee The related Lessee is a Person other than MBFS USA, any Affiliate thereof or a Governmental Authority and, at the time of origination of the 201[__]-[__] Lease, based on information provided by the Lessee, the Lessee is located in and has a billing address within a State.

  • Lessor It is important that the full name of the Entity leasing the commercial space is reported as the Lessor.

  • Landlord’s Entry Landlord and its authorized representatives may at all reasonable times and upon reasonable notice to Tenant enter the Premises to: (a) inspect the Premises; (b) exercise and perform Landlord's rights and obligations under this Lease; (c) post notices of non-responsibility or other protective notices available under the Laws; (d) show the Premises to current or prospective mortgagees, or to prospective purchasers of the Property; or (e) during the last 12 months of the Term, show the Premises to prospective tenants. Landlord, in the event of any emergency, may enter the Premises at any time without notice to Tenant. If Landlord receives prior written notification from Tenant that specified areas within the Premises contain confidential materials, then Landlord shall not enter such portions of the Premises unless accompanied by a representative of Tenant except (i) in case of an emergency, or (ii) if Tenant authorizes Landlord to enter such portions of the Premises without accompaniment of Tenant's representative. Landlord's entry into the Premises is not to be construed as a forcible or unlawful entry into, or detainer of, the Premises or as an eviction of Tenant from all or any part of the Premises. Subject to Section 9.3 below, Tenant will also permit Landlord (or its designees) to erect, install, use, maintain, replace and repair pipes, cables, conduits, plumbing and vents, and telephone, electric and other wires or other items, in, to and through the Premises if Landlord reasonably determines that such activities are necessary for properly operating and maintaining the Building.