Leasing Status Reports Clause Samples
The Leasing Status Reports clause requires one party, typically the tenant, to provide periodic written updates regarding the current status of the lease and occupancy. These reports may include information such as confirmation of rent payments, any outstanding defaults, or other relevant lease matters. By mandating regular status updates, this clause ensures transparency between the parties and helps the landlord monitor compliance and address issues proactively.
POPULAR SAMPLE Copied 4 times
Leasing Status Reports. Borrower shall, throughout the term of the Loan, deliver to the Lender quarterly reports, within fifteen (15) Business Days after the end of each calendar quarter, setting forth, in detail reasonably acceptable to the Lender, the status of all leasing and rental activity at the Projects for such immediately preceding quarterly period.
Leasing Status Reports. Upon request by Buyer, Seller shall promptly deliver to Buyer, with respect to the Property, updated certified rent rolls (including rent concession information) and pre-leasing reports and such other information as may reasonably be requested by Buyer.