Monthly Statements of Lessee. Commencing on the Conversion Date, within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for each resident day during such month classifying residents by the type of care required and source of payment) and (iii) an express written calculation showing the compliance or non- compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62
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Monthly Statements of Lessee. Commencing on the Conversion Date, within Within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for each resident day during such month classifying residents by the type of care required and source of payment) and (iii) an express written calculation showing the compliance or non- compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62E.
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Samples: Lease Agreement (Emeritus Corp\wa\)
Monthly Statements of Lessee. Commencing on the Conversion Date, within Within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by the Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for all residents other than private paying residents, for each resident day during such month classifying residents by the type of care required and source of payment), (iii) a detailed balance sheet of Lessee as of the last day of such month and (iiiiv) an express written calculation showing the compliance or non- non-compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62,
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Monthly Statements of Lessee. Commencing on the Conversion Date, within Within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for each resident day during such month classifying residents by the type of care required and source of payment) and (iii) an express written calculation showing the compliance or non- non-compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62E.
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Monthly Statements of Lessee. Commencing on the Conversion Date, within Within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for each resident day during such month classifying residents by the type of care required and source of payment) and (iii) an express written calculation showing the compliance or non- non-compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62D.
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Monthly Statements of Lessee. Commencing on the Conversion Date, within thirty (30) days after the end of each calendar month during the pendency of this Lease, (i) a statement certified as true and correct by Lessee setting forth the Gross Revenues of the Leased Property for the immediately preceding month, (ii) an unaudited, detailed month and year to date income and expense statement for the Leased Property which shall include a comparison to corresponding budget figures, occupancy statistics (including the actual number of residents, the number of units available and total resident days for such month) and resident mix breakdowns (for each resident day during such month classifying residents by the type of care required and source of payment) and (iii) an express written calculation showing the compliance or non- non-compliance, as the case may be, with the specific financial covenants set forth in Section 11.3 for the applicable period, including, with respect to the calculation of Lessee's Debt Coverage Ratio, a schedule substantially in the form attached hereto as EXHIBIT D. 62D.
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