Common use of Deliveries to the Administrative Agent Clause in Contracts

Deliveries to the Administrative Agent. The Administrative Agent shall have received each of the following in form and substance satisfactory to the Administrative Agent: (1) a current ALTA survey of such Parcel and Surveyor's Certification, including a complete legal description; (2) copies of all exceptions to title with respect to such Parcel; (3) at the Administrative Agent's request, copies of any available plans and specifications for any improvements located on such Parcel; (4) an environmental site assessment for such Parcel, dated as of a recent date, prepared by a qualified firm acceptable to the Administrative Agent, stating, among other things, that such Parcel is free from Hazardous Materials other than commercially reasonable quantities of Hazardous Materials typically used in properties similar to such Parcel, and that any such Hazardous Materials located thereon and all operations conducted thereon are in compliance with all Environmental Laws and showing any Estimated Remediation Costs; (5) at the Administrative Agent's request, copies of all leases and contracts not cancelable on thirty (30) days' notice and a rent roll relating to all or any portion of such Parcel; (6) At the Administrative Agent's request, financial statements for any Major Tenant that are available to the Company; (7) an operating report for such Parcel for not less than the four (4) most recent consecutive quarters, together with a projection of the operating results for such Parcel for the following twelve (12) months; (8) a certificate concerning the amount of space at such Parcel devoted to office, industrial, research and development (other than office) and flexible industrial (other than research and development or warehouse) uses signed by the Company and, if such Parcel is owned by a Person other than the Company, such other Person, substantially in the form of Exhibit D; (9) at the Administrative Agent's request, a cost budget for any anticipated renovation of such Parcel; (10) if such Parcel is owned by a Person other than the Company, copies of all of such Person's Organization Documents; (11) a duly executed Mortgage, financing statement(s) and assignment of contracts covering such Parcel; (12) such certificates relating to the authority of the Persons signing the documents required under Section 4.1.6(11) as the Administrative Agent may reasonably request; (13) at the Administrative Agent's request, a written opinion of counsel to the Company and the Person signing the documents required under Section 4.1.6(11) practicing in the jurisdiction in which such Parcel is located (which counsel shall be acceptable to the Administrative Agent) covering such matters relating to the Company, such other Person, the Loans and such Parcel as the Administrative Agent may require; (14) such consents, subordination agreements and other documents and instruments executed by tenants and other Persons party to material contracts relating to such Parcel as the Administrative Agent may request; (15) certificates of insurance and loss payable endorsements for all policies required pursuant to Section 6.6, showing the same to be in full force and effect with respect to such Parcel; and (16) all other documents reasonably required by the Administrative Agent. 4.1.7

Deliveries to the Administrative Agent. The Administrative Agent shall have received each of the following in form and substance satisfactory to the Administrative Agent: (1) a current ALTA survey of such Parcel and Surveyor's Certification, including a complete legal description; (2) copies of all exceptions to title with respect to such Parcel; (3) at the Administrative Agent's request, copies of any available plans and specifications for any improvements located on such Parcel; (4) an environmental site assessment for such Parcel, dated as of a recent date, prepared by a qualified firm acceptable to the Administrative Agent, stating, among other things, that such Parcel is free from Hazardous Materials other than commercially reasonable quantities of Hazardous Materials typically used in properties similar to such Parcel, and that any such Hazardous Materials located thereon and all operations conducted thereon are in compliance with all Environmental Laws and showing any Estimated Remediation Costs; (5) at the Administrative Agent's request, copies of all leases and contracts not cancelable on thirty (30) days' notice and a rent roll relating to all or any portion of such Parcel; (6) At the Administrative Agent's request, financial statements for any Major Tenant that are available to the Company; (7) an operating report for such Parcel for not less than the four (4) most recent consecutive quarters, together with a projection of the operating results for such Parcel for the following twelve (12) months; (8) a certificate concerning the amount of space at such Parcel devoted to office, industrial, research and development (other than office) and flexible industrial (other than research and development or warehouse) uses signed by the Company and, if such Parcel is owned by a Person other than the Company, such other Person, substantially in the form of Exhibit D; (9) at the Administrative Agent's request, a cost budget for any anticipated renovation of such Parcel; (10) if such Parcel is owned by a Person other than the Company, copies of all of such Person's Organization Documents; (11) a duly executed Mortgage, financing statement(s) and assignment of contracts covering such Parcel; (12) such certificates relating to the authority of the Persons signing the documents required under Section 4.1.6(11) as the Administrative Agent may reasonably request; (13) at the Administrative Agent's request, a written opinion of counsel to the Company and the Person signing the documents required under Section 4.1.6(11) practicing in the jurisdiction in which such Parcel is located (which counsel shall be acceptable to the Administrative Agent) covering such matters relating to the Company, such other Person, the Loans and such Parcel as the Administrative Agent may require; (14) estoppel certificates executed by each tenant whose lease covers at least fifteen percent (15%) of the net rentable area of the improvements located on such Parcel; and estoppel certificates and/or subordination, nondisturbance and attornment agreements executed by such additional tenants as the Administrative Agent, by written notice to the Company prior to the recording of the Mortgage encumbering such Parcel, may require; (15) such consents, subordination agreements and other documents and instruments executed by tenants and other Persons party to material contracts relating to such Parcel as the Administrative Agent may request; (1516) certificates of insurance and loss payable endorsements for all policies required pursuant to Section 6.6, showing the same to be in full force and effect with respect to such Parcel; and (1617) all other documents reasonably required by the Administrative Agent. 4.1.7

Deliveries to the Administrative Agent. The Administrative Agent shall have received each of the following in form and substance satisfactory to the Administrative Agent: (1) a current ALTA survey of such Parcel and Surveyor's Certification, including a complete legal description; (2) copies of all exceptions to title with respect to such Parcel; (3) at the Administrative Agent's request, copies of any available plans and specifications for any improvements located on such Parcel; (4) an environmental site assessment for such Parcel, dated as of a recent datenot more than twelve (12) months prior to the date the Company submits the Parcel to the Administrative Agent for approval by the Banks, prepared by a qualified firm acceptable to the Administrative Agent, stating, among other things, that such Parcel is free from Hazardous Materials other than commercially reasonable quantities of Hazardous Materials typically used in properties similar to such Parcel, and that any such Hazardous Materials located thereon and all operations conducted thereon are in compliance with all Environmental Laws and showing any Estimated Remediation Costs; (5) at the Administrative Agent's request, copies of all leases and contracts not cancelable on thirty (30) days' notice and a rent roll relating to all or any portion of such Parcel; (6) At the Administrative Agent's request, financial statements for any Major Tenant that are available to the Company; (7) an operating report for such Parcel for not less than the four (4) most recent consecutive quarters, together with a projection of the operating results for such Parcel for the following twelve (12) months; (8) a certificate concerning the amount of space at if such Parcel devoted to office, industrial, research and development (other than office) and flexible industrial (other than research and development or warehouse) uses signed has been owned by the Company andfor more than one (1) calendar month but fewer than four (4) consecutive calendar quarters, if monthly operating statements for such Parcel is for each full calendar month that the Company has owned by a Person other than the Company, such other Person, substantially in the form of Exhibit DParcel; (9) at the Administrative Agent's request, a cost budget for any anticipated renovation of such Parcel; (10) if such Parcel is owned by a Person other than the Company, copies of all of such Person's Organization Documents; (11) a duly executed Mortgage, Assignment of Leases, financing statement(s) and assignment of contracts covering such Parcel; (1211) such certificates relating to the authority of the Persons signing the documents required under Section 4.1.6(114.1.6(10) as the Administrative Agent may reasonably request; (1312) at the Administrative Agent's request, a written opinion of counsel to the Company and the Person signing the documents required under Section 4.1.6(114.1.6(10) practicing in the jurisdiction in which such Parcel is located (which counsel shall be acceptable to the Administrative Agent) covering such matters relating to the Company, such other Person, the Loans and such Parcel as the Administrative Agent may require; (1413) such consents, subordination agreements and other documents and instruments executed by tenants and other Persons party to material contracts relating to such Parcel as the Administrative Agent may request; (1514) certificates of insurance and loss payable endorsements for all policies required pursuant to Section 6.6, showing the same to be in full force and effect with respect to such Parcel; and (1615) all other documents reasonably required by the Administrative Agent. 4.1.7