Common use of Lease Issues Clause in Contracts

Lease Issues. Except as set forth on Schedule 4.7(C), there are no legal proceedings commenced (or, to the knowledge of the Borrowers, threatened) against any Borrower or Affiliate thereof by any tenant or former tenant. No rental in excess of one month's rent has been prepaid under any of the Leases (except for security deposits and estimated additional rent amounts paid on account of operating expenses, taxes and other expense escalations or pass-throughs). Each of the Leases is valid and binding on the parties thereto in accordance with its terms.

Lease Issues. Except as set forth on Schedule 4.7(C), there are no legal proceedings commenced (or, to the knowledge of the BorrowersBorrower, threatened) against any Borrower or any Affiliate thereof by any tenant or former tenant. No rental in excess of one month's rent has been prepaid under any of the Leases (except for security deposits and estimated additional rent amounts paid on account of operating expenses, taxes and other expense escalations or pass-throughs). Each of the Leases is valid and binding on the parties thereto in accordance with its terms.

Lease Issues. Except as set forth on Schedule 4.7(C), there are no legal proceedings commenced (or, to the knowledge Knowledge of the BorrowersBorrower, threatened) against any Borrower or Affiliate thereof by any tenant or former tenant. No rental in excess of one month's ’s rent has been prepaid under any of the Leases (except for security deposits and estimated additional rent amounts paid on account of operating expenses, taxes and other expense escalations or pass-throughs)Leases. Each of the Leases is valid and binding on the parties thereto in accordance with its terms. The execution of this Agreement and the other Loan Documents will not constitute an event of default under any of the Leases.

Lease Issues. Except as set forth on Schedule 4.7(C), there There are no legal proceedings commenced (or, to the knowledge of the BorrowersBorrower, threatened) against any Borrower or any Affiliate thereof by any tenant or former tenant. No rental in excess of one month's ’s rent has been prepaid under any of the Leases (except for security deposits Security Deposits and estimated additional rent amounts paid on account of operating expenses, taxes and other expense escalations or pass-throughs). Each of the Leases is valid and binding on the parties thereto in accordance with its terms.