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Anchor tenant agreement

Anchor tenant agreement 2025

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The Strategic Anchor Tenant Agreement between Carrier1 International S.A. and HUBCO S.A., dated November 23, 1999, outlines the terms for leasing space in a pan-European network of carrier hotel/collocation facilities. The agreement details the responsibilities of both parties regarding the development, construction, leasing, and operation of these facilities, including provisions for shared services, acceptance testing, and conditions for default and termination. It establishes minimum space obligations for Carrier1 and includes clauses on connectivity, marketing commitments, and liability limitations.

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Click ‘Get Form’ to open the anchor tenant agreement in the editor.
Begin by filling in the 'Effective Date' at the top of the document. This is crucial as it marks the start of your agreement.
In the 'Parties' section, clearly identify both parties involved: HUBCO S.A. and Carrier1 International S.A. Ensure that all names are spelled correctly.
Proceed to the 'Recitals' section, where you can summarize the purpose of this agreement. This helps clarify intentions for both parties.
Move on to 'Definitions'. Here, ensure that all terms used throughout the document are accurately defined according to your understanding and context.
Fill out sections regarding leasing terms, including specifics about spaces being leased, rental charges, and any shared services provided.
Review and complete any additional sections such as 'Acceptance Testing', ensuring compliance with outlined criteria before finalizing.
Once all fields are filled out, utilize our platform's signing feature to electronically sign the document for a seamless completion process.

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What is an anchor agreement?

Anchor Agreements means the agreements listed on Schedule 1.7, and such other similar reciprocal easement agreements and leases covering over 25,000 square feet of space at any Real Property which may be entered into by Seller after the date hereof and prior to Closing in ance with the terms of this Agreement.

What is the concept of anchor tenant?

What is an anchor tenant? An anchor tenant is a large, prominent business that attracts most of a buildings foot traffic. They also tend to take up a large portion of the buildings space.

What does the term anchor tenant refer to?

In North American, Australian and New Zealand retail, an anchor tenant, sometimes called an anchor store, draw tenant, or key tenant, is a considerably larger tenant in a shopping mall, often a department store or retail chain. They are typically located at the ends of malls, sometimes in the middle.

What are the benefits of an anchor tenant?

Anchor Tenants Can Increase Shopping Center Traffic and Improve Occupancy Rates. One of the major benefits of having an anchor tenant in a retail development is the massive boost in credibility it provides.

Do anchor tenants pay less rent?

Because anchor tenants impact other businesses in the complex and are responsible for drawing both customers as well as potential tenants, anchor tenants are often given reduced rent per square foot.

What is the anchor tenant approach?

Also known as the prime tenant, draw tenant or key tenant. A tenant usually strategically located in a shopping center to generate and maximize consumer traffic for other smaller retail tenants in the center.

What is considered an anchor tenant?

What are Anchor Tenants in Commercial Real Estate? Anchor tenants are the largest or most prominent stores in a retail commercial real estate development. They generally help draw customers into the area. In strip centers and power centers, anchor tenants are often big-box stores or grocery stores.

Anchor tenant agreement 2025

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