Common use of Occupancy Agreements Clause in Contracts

Occupancy Agreements. To Crow's knowledge, there are no leases, -------------------- concessions or occupancy agreements in effect with respect to the Real Property other than the Occupancy Agreements. To Crow's knowledge, except as specifically provided in the Occupancy Agreements, no tenant or concessionaire is entitled to any rebates, allowances, free rent or rent abatement (other than in connection with a casualty to the Improvements) for any period after the Closing of the transaction contemplated hereby. To Crow's knowledge, Crow has received no notice of any intention by any of the parties to any of the Occupancy Agreements to cancel the same, nor has Crow canceled any of same. To Crow's knowledge, to the extent that any of the Occupancy Agreements call for security, such security remains on deposit with Crow or its agent, and has not been applied towards any payment due under said Occupancy Agreements. To Crow's knowledge, Crow has not received any advance rent or advance compensation under any of said Occupancy Agreements in excess of one month. To Crow's knowledge and except as set forth on Schedule 3.18, no brokerage commissions or ------------- compensation of any kind shall be due in connection with the Occupancy Agreements, or in connection with the rents or revenues to be derived therefrom. To Crow's knowledge and except as set forth on Schedule 3.18, no party is in ------------- default under any Occupancy Agreement and the consummation of the transaction contemplated hereby will not constitute a default under any such Occupancy Agreements. To Crow's knowledge and except as set forth on Schedule 3.18, Crow ------------- has performed all obligations required of it under all of the Occupancy Agreements and there remain no unfulfilled obligations of Crow under the Occupancy Agreements. To Crow's knowledge, no tenant has given notice to Crow of its intention to institute litigation with respect to any Occupancy Agreement.

Occupancy Agreements. To Crow's knowledge, there are no leases, -------------------- concessions or occupancy agreements in effect with respect to the Real Property other than the Occupancy Agreements. To Crow's knowledge, except as specifically provided in the Occupancy Agreements, no tenant or concessionaire is entitled to any rebates, allowances, free rent or rent abatement (other than in connection with a casualty to the Improvements) for any period after the Closing of the transaction contemplated hereby. To Crow's knowledge, Crow has received no notice of any intention by any of the parties to any of the Occupancy Agreements to cancel the same, nor has Crow canceled any of same. To Crow's knowledge, to the extent that any of the Occupancy Agreements call for security, such security remains on deposit with Crow or its agent, and has not been applied towards any payment due under said Occupancy Agreements. To Crow's knowledge, Crow has not received any advance rent or advance compensation under any of said Occupancy Agreements in excess of one month. To Crow's knowledge and except as set forth on Schedule 3.18, no brokerage commissions or ------------- compensation of any kind shall be ------------- due in connection with the Occupancy Agreements, or in connection with the rents or revenues to be derived therefrom. To Crow's knowledge and except as set forth on Schedule 3.18, no party is in ------------- default under any Occupancy Agreement and ------------- the consummation of the transaction contemplated hereby will not constitute a default under any such Occupancy Agreements. To Crow's knowledge and except as set forth on Schedule 3.18, Crow ------------- has performed all obligations required of it ------------- under all of the Occupancy Agreements and there remain no unfulfilled obligations of Crow under the Occupancy Agreements. To Crow's knowledge, no tenant has given notice to Crow of its intention to institute litigation with respect to any Occupancy Agreement.

Occupancy Agreements. To Crow's Seller’s knowledge, there are no leases, -------------------- licenses, concessions or other occupancy agreements in effect with respect to the Real Property other than (i) Occupancy Agreements originated or being administered by Hotel Manager and (ii) Occupancy Agreements delivered to Purchaser as Submission Matters. The copies of the Occupancy AgreementsAgreements delivered to Purchaser as Submission Matters are true, correct and complete in all respects. To Crow's knowledge, except Except as specifically provided in the Occupancy Agreements, no tenant tenant, licensee, concessionaire or concessionaire other occupant is entitled to any rebates, allowances, free rent or rent abatement (other than in connection with a casualty to the Improvements) for any period after the Closing of the transaction contemplated hereby. To Crow's knowledge, Crow Seller has not received no any written notice of cancellation of any intention by any of the parties to any of the Occupancy Agreements to cancel the sameAgreement, nor has Crow Seller canceled any of same. To Crow's knowledge, to the extent that any of the Occupancy Agreements call for security, such security remains on deposit with Crow or its agent, and has not been applied towards any payment due under said Occupancy Agreements. To Crow's knowledge, Crow Seller has not received any advance rent or advance compensation under any of said Occupancy Agreements in excess of one month. To Crow's knowledge and except as set forth on Schedule 3.18, no brokerage commissions or ------------- compensation of any kind shall be due in connection with the Occupancy Agreements, or in connection with the rents or revenues to be derived therefrom. To Crow's knowledge and except as set forth on Schedule 3.18Seller’s knowledge, no party is in ------------- default under any Occupancy Agreement and the consummation of the transaction contemplated hereby will not constitute a default under any such Occupancy AgreementsAgreement. To Crow's knowledge and except as set forth on Schedule 3.18, Crow ------------- Seller has performed in all material respects all obligations required of it under all of the Occupancy Agreements and there remain no unfulfilled obligations of Crow under the Occupancy Agreements. To Crow's knowledgeNo tenant, no tenant licensee, concessionaire or other occupant has given written notice to Crow Seller that Seller is in default under any Occupancy Agreement or of its intention to cancel or institute litigation with respect to any Occupancy Agreement. Seller has not given any written notice to any tenant, licensee, concessionaire or other occupant under any Occupancy Agreement that such tenant, licensee, concessionaire or other occupant is in default of any obligation under such Occupancy Agreement which default has not been cured. There is no money or other security deposit with Seller by any tenant, licensee, concessionaire or other occupant under any Occupancy Agreement to secure performance of tenants’ obligations thereunder, other than security deposits that Purchaser is aware of and which are being administered by Purchaser in its capacity as Hotel Manager.

Occupancy Agreements. To Crow's knowledge, there are no leases, -------------------- concessions or occupancy agreements in effect with respect to the Real Property Leasehold Estate other than the Occupancy Agreements. To Crow's knowledge, except as specifically provided in the Occupancy Agreements, no tenant or concessionaire is entitled to any rebates, allowances, free rent or rent abatement (other than in connection with a casualty to the Improvements) for any period after the Closing of the transaction contemplated hereby. To Crow's knowledge, Crow has received no notice of any intention by any of the parties to any of the Occupancy Agreements to cancel the same, nor has Crow canceled any of same. To Crow's knowledge, to the extent that any of the Occupancy Agreements call for security, such security remains on deposit with Crow or its agent, and has not been applied towards any payment due under said Occupancy Agreements. To Crow's knowledge, Crow has not received any advance rent or advance compensation under any of said Occupancy Agreements in excess of one month. To Crow's knowledge and except as set forth on Schedule 3.18, no brokerage commissions or ------------- compensation of any kind shall be due in connection with the Occupancy Agreements, or in connection with the rents or revenues to be derived therefrom. To Crow's knowledge and except as set forth on Schedule 3.18, no party is in ------------- default under any Occupancy Agreement and the consummation of the transaction contemplated hereby will not constitute a default under any such Occupancy Agreements. To Crow's knowledge and except as set forth on Schedule 3.18, Crow ------------- has performed all obligations required of it under all of the Occupancy Agreements and there remain no unfulfilled obligations of Crow under the Occupancy Agreements. To Crow's knowledge, no tenant has given notice to Crow of its intention to institute litigation with respect to any Occupancy Agreement.