Rent Loss. Business Income coverage in an amount that is equal to the greater of (a) eighteen (18) months of actual loss sustained, or (b) one year’s debt service plus operating expenses.
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Rent Loss. Business Income coverage in an amount that is equal to the greater of twelve (a) eighteen (1812) months of actual loss sustained, or (b) one year’s debt service rent plus operating expenses.expense reimbursements;
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Rent Loss. Business Income coverage in an amount that is equal to the greater of (a) eighteen twelve (1812) months of actual loss sustained, sustained or (b) one year’s debt service plus operating expenses.
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Samples: Loan Agreement (Whitestone REIT)
Rent Loss. Business Income coverage in an amount that is equal to the greater of (a) eighteen twelve (1812) months of actual loss sustained, or (b) one year’s debt service plus operating expenses.
Appears in 1 contract
Samples: Loan Agreement (Strategic Student & Senior Housing Trust, Inc.)