A set of Standard Clauses used in commercial real estate loan transactions. These Standard Clauses set out the rights and restrictions that apply to new and renewal property leases. Leasing requirements like the ones in these Standard Clauses must be satisfied for the borrower to receive disbursements from loan reserves for the costs the borrower incurs under property leases, such as leasing commissions and tenant improvements. These Standard Clauses contain integrated notes with important explanations and drafting and negotiating tips for all loan parties.