Common use of Leases; Service Contracts Clause in Contracts

Leases; Service Contracts. Seller has delivered to Purchaser a correct and complete copy of each of the Leases and Service Contracts and any amendments thereto (Seller has advised Purchaser that Kotura, Inc. is the only tenant in the building and that there are no Service Contracts). The information regarding the Leases contained on the Rent Roll attached as Schedule 4, which identifies all tenants of the Property as of the Effective Date, is correct and complete as of the date of this Agreement. Except as set forth on Schedule 4, no commissions, tenant improvement costs or reimbursements for improvements are due or could become due from Seller in connection with the Leases. To the knowledge of Seller, each of the Leases and Service Contracts is in full force and effect, no notice has been given of any cancellation or surrender thereof, and neither Seller nor the tenant or other party is in default thereunder.

Leases; Service Contracts. Seller has delivered to Purchaser a correct and complete copy of each of the Leases and Service Contracts and any amendments thereto (Seller has advised Purchaser that Kotura, Inc. is the only tenant in the building and that there are no Service Contracts). The information regarding the Leases contained on the Rent Roll attached as Schedule 4, which identifies all tenants of the Property as of the Effective Date, is correct and complete as of the date of this Agreement. Except as set forth on Schedule 4, no commissions, tenant improvement costs or reimbursements for improvements are due or could become due from Seller in connection with the Leases. To the knowledge of Seller, each of the Leases and Service Contracts is in full force and effect, no notice has been given of any cancellation or surrender thereof, and neither Seller nor the tenant or other party is in default thereunder. Other than this Agreement, there are no contracts or agreements in effect relating to the sale, exchange or transfer of the Property or any part thereof to a third party purchaser.