Common use of Rent Loss Clause in Contracts

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.

Appears in 1 contract

Samples: Loan Agreement (New York City REIT, Inc.)

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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;

Appears in 1 contract

Samples: Loan Agreement (RREEF Property Trust, Inc.)

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.

Appears in 1 contract

Samples: Loan Agreement (Whitestone REIT)

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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, or (b) one year’s debt service plus operating expenses.

Appears in 1 contract

Samples: Loan Agreement (Strategic Student & Senior Housing Trust, Inc.)

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