Common use of LEASES; AGREEMENTS Clause in Contracts

LEASES; AGREEMENTS. Borrowers have delivered to Lender true, complete and fully executed copies of all (i) Leases and (ii) material contracts and agreements affecting the operation and management of each of the Individual Properties, including, without limitation, the existing Management Agreement, any leasing brokerage agreements and any service and maintenance contracts and such Leases, contracts and agreements have not been modified or amended except pursuant to amendments or modifications delivered to Lender. Except for the rights of the current Manager pursuant to the existing Management Agreement, no Person has any right or obligation to manage any of the Properties or to receive compensation in connection with such management. Except for the parties to any leasing brokerage agreement(s) that has/have been delivered to Lender, no Person has any right or obligation to lease or solicit tenants for any of the Properties, or to receive compensation in connection with such leasing.

LEASES; AGREEMENTS. The Borrowers have delivered delivered, or will deliver pursuant to Section 3.1(I) and (K), as applicable, to Lender true, complete and fully executed copies of all (i) true and complete copies (in all material respects) of all Material Leases and (ii) material contracts and agreements a list of all Material Agreements affecting the operation and management of each of the Individual Properties, including, without limitation, the existing Management Agreement, any leasing brokerage agreements and any service and maintenance contracts and such Leases, contracts Leases and agreements list of Material Agreements have not been modified or amended except pursuant to amendments or modifications delivered to Lender. Except for the rights of the current Manager pursuant to the existing Management Agreement, and the fee owners of Managed Properties, no Person has any right or obligation to manage any of the Properties or to receive compensation in connection with such management. Except for the parties to any leasing brokerage agreement(s) agreement that has/have has been delivered to Lender, no Person has any right or obligation to lease or solicit tenants for any of the Properties, or (except for cooperating outside brokers) to receive compensation in connection with such leasing.

LEASES; AGREEMENTS. Borrowers have Borrower has delivered to Lender true, complete and fully executed copies of all (i) Leases and (ii) material contracts and agreements affecting the operation and management of each of the Individual PropertiesProperty, including, without limitation, the existing Management Agreement, any leasing brokerage agreements agreement and any service and maintenance contracts and such Leases, contracts and agreements have not been modified or amended except pursuant to amendments or modifications delivered to Lender. Except for the rights of the current Manager pursuant to the existing Management Agreement, no Person has any right or obligation to manage any of the Properties Property or to receive compensation in connection with such management. Except for the parties to any leasing brokerage agreement(s) agreement that has/have has been delivered 32 to Lender, no Person has any right or obligation to lease or solicit tenants for any of the PropertiesProperty, or to receive compensation in connection with such leasing.