A Clause Which Requires a Tenant in Retail Space to Achieve

question 18

Multiple Choice

A clause which requires a tenant in retail space to achieve a certain level of sales or the lease will be terminated is referred to as a:

• A)Kickout clause
• B)Termination clause
• C)Option clause
• D)Santa clause

---

Definitions:

Performance Measures

Quantitative indicators used to assess how well an organization, business, or individual is achieving its goals and objectives.

Performance Measure

Metrics used to evaluate the efficiency, productivity, or success of an organization or of an individual's activities.

Learning and Growth

A strategic focus area that emphasizes developing the capabilities of employees and the organization’s capacity for innovation.

Financial Measures

Quantitative metrics used to assess the financial performance or financial health of a business or project.