Negotiation of Leases Sample Clauses

Negotiation of Leases. Asset Manager shall negotiate all tenant leases, extensions, expansions and other amendments and related documentation on the Company's behalf in accordance with the Operating Agreement and the Annual Plan. All such documentation shall be prepared at the Company's expense by counsel acceptable to or designated by the Company, and shall be executed by the Company. The terms of all such documentation are to be approved by the Company pursuant to such reasonable procedures as may be requested by the Company from time to time. Notwithstanding the foregoing, (x) Asset Manager shall not, for any reason, have the power or authority to execute any such documentation on behalf of the Company or otherwise bind the Company without the Company's prior written consent, and (y) the Company reserves the right to deal with any prospective tenant to procure any such lease, extension, expansion or other amendment or related documentation.
Negotiation of Leases. Owner shall refer all inquiries concerning the rental of Rentable Space to the Manager. All negotiations with prospective tenants shall be conducted or directed by the Manager or its designee. For month-to-month tenancies and leases or rental agreements of one-year or less, Manager and/or its designated employee, is authorized to sign on Owner’s behalf so long as the appointed rent is consistent with the Rental Rates specified by Section 4.4. All leasing decisions for leases longer than one year are subject to the final approval of Owner. Such approval may be granted or withheld in Owner’s sole discretion, but no decision will be unreasonably delayed. Owner will execute all approved Leases unless Manager is expressly authorized to execute leases and rental agreements on Owner’s behalf under the terms and conditions of a separate written authorization executed by Owner. Manager shall submit a master copy of all leases and rental agreements, and all modifications and renewals thereof, to Owner for review and approval. Owner hereby agrees to furnish Manager with an approved copy within three (3) business days.
Negotiation of Leases. Owner shall refer all inquires concerning the rental of Rentable Space to the Manager. All negotiations with prospective tenants shall be conducted or directed by the Manager or its designated employee(s). For month-to-month tenancies and leases or rental agreements of one year or less, Manager and/or its designated employee(s), is authorized to sign on Owner's behalf so long as the appointed rent is consistent with the Rental Rates specified by Section 4.3.
Negotiation of Leases. Asset Manager shall negotiate all tenant leases, extensions, expansions and other amendments and related documentation on the Partnership’s behalf in accordance with the Partnership Agreement and the Annual Plan. All such documentation shall be prepared at the Partnership’s expense by counsel acceptable to or designated by the Partnership, and shall be executed by the Partnership. The terms of all such documentation are to be approved by the Partnership pursuant to such reasonable procedures as may be requested by the Partnership from time to time. Notwithstanding the foregoing, (x) Asset Manager shall not, for any reason, have the power or authority to execute any such documentation on behalf of the Partnership or otherwise bind the Partnership without the Partnership’s prior written consent, and (y) the Partnership reserves the right to deal with any prospective tenant to procure any such lease, extension, expansion or other amendment or related documentation.
Negotiation of Leases. Broker shall have the authority and exclusive right to negotiate leases with existing and prospective tenants; to list the Property with the multiple listing service in accordance with the Rules of the Service and any agreements between Broker and individual participants; to advertise the Property or any part thereof, and to display signs thereon; to sign, renew, or cancel leases for the Property or any part thereof. Owner hereby authorizes Broker, or Broker's representatives, to offer compensation to other brokers acting pursuant to any brokerage relationship permitted by Broker's company policy as set forth below.
Negotiation of Leases. Broker shall have the expressed authority from Owner with the exclusive right to negotiate leases and month-to-month tenancies with existing and prospective tenants on terms reviewed by Owner. All leases shall be signed by Owner.
Negotiation of Leases. (Continued).

Related to Negotiation of Leases

  • Execution of Lease This Lease may be executed in counterparts and, when all counterpart documents are executed, the counterparts shall constitute a single binding instrument. Landlord's delivery of this Lease to Tenant shall not be deemed to be an offer to lease and shall not be binding upon either party until executed and delivered by both parties.

  • Construction of Lease This Lease has been prepared by Landlord and its professional advisors and reviewed by Tenant and its professional advisors. Landlord, Tenant, and their advisors believe that this Lease is the product of all their efforts, that it expresses their agreement, and agree that it shall not be interpreted in favor of either Landlord or Tenant or against either Landlord or Tenant merely because of their efforts in preparing it.

  • Submission of Lease Submission of this instrument for examination or signature by Tenant does not constitute a reservation of, option for or option to lease, and it is not effective as a lease or otherwise until execution and delivery by both Landlord and Tenant.

  • Modification of Lease Should any current or prospective mortgagee or ground lessor for the Building or Project require a modification of this Lease, which modification will not cause an increased cost or expense to Tenant or in any other way materially and adversely change the rights and obligations of Tenant hereunder, then and in such event, Tenant agrees that this Lease may be so modified and agrees to execute whatever documents are reasonably required therefor and to deliver the same to Landlord within ten (10) business days following a request therefor. At the request of Landlord or any mortgagee or ground lessor, Tenant agrees to execute a short form of Lease and deliver the same to Landlord within ten (10) business days following the request therefor.

  • Termination of Lease Should Landlord elect to terminate this Lease pursuant to the provisions of Sections 24.1 (a) or (c) above, Landlord may recover from Tenant, as damages, the following: (a) The worth at the time of award of any unpaid rental which had been earned at the time of the termination, plus (b) the worth at the time of award of the amount by which the unpaid rental which would have been earned after termination until the time of award exceeds the amount of rental loss Tenant proves could have been reasonably avoided, plus (c) the worth at the time of award of the amount by which the unpaid rental for the balance of the Term after the time of award exceeds the amount of rental loss that Tenant proves could be reasonably avoided, plus (d) any other amounts necessary to compensate Landlord for all the detriment proximately caused by Tenant's failure to perform its obligations under this Lease or which, in the ordinary course of things, would be likely to result therefrom including, but not limited to, any costs or expenses incurred by Landlord in (i) retaking possession of the Premises, including reasonable attorneys' fees therefor, (ii) maintaining or preserving the Premises after any default, (iii) preparing the Premises for reletting to a new tenant, including repairs or alterations to the Premises, (iv) leasing commissions, or (v) any other costs necessary or appropriate to relet the Premises, plus (e) at Landlord's election, any other amounts in addition to or in lieu of the foregoing as may be permitted from time to time by the laws of the State of Nevada. As used in subparagraphs (a) and (b) above, the "worth at the time of award" is computed by allowing interest at the maximum lawful rate. As used in subparagraph (c) above, the "worth at the time of award" is computed by discounting such amount at the discount rate of the Federal Reserve Bank situated nearest to the location of the Shopping Center at the time of award plus one percent (1%).