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TopicExclusivity & Non-Compete Provisions

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Exclusive Use

“Landlord shall not hereafter lease, or suffer or permit the use of, any other space in the Building, Shopping Center or in any other adjacent property owned or managed by…

E

Early Access: A provision in a lease allowing the tenant access to the space prior to receiving possession, without the payment of rent, during the latter part of landlord’s construction in…

N

Net Absorption: The change in occupied space between the current measurement period and a prior measurement period. Net Effective Rent: The amount a landlord effectively receives from a tenant after…

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