Rent Roll, Disclosure Clause Samples

Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been provided to Lender and except for the Leases described in the Rent Roll none of the Properties is subject to any Leases. Except as specified in the Rent Roll: (i) the Leases are in full force and effect; (ii) neither any Borrower nor any Affiliate of any Borrower, has given any notice of default to any tenant under any Lease which remains uncured; (iii) no tenant has asserted in writing any rights of set off, claims or defenses under any Lease and no tenant has any such rights of set off, claim or defense to the enforcement of any Lease except as expressly set forth in the Leases; (iv) no tenant is in arrears in the payment of rent, additional rent or any other material charges due under any Lease, or, to the knowledge of any Borrower, is in default in the performance of any other obligations under the applicable Lease; (v) Borrowers have completed all work or alterations required to be completed by the landlord or lessor under each Lease as of the date hereof, and all of the other obligations of landlord or lessor under the Leases required to be completed as of the date hereof, have been performed; (vi) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant’s other obligations, or otherwise) or extensions of time whatsoever not reflected in the Rent Roll; and (vii) no tenant has an option to terminate its respective Lease. The Security Deposits held by Borrowers with respect to each Lease are as set forth on the Rent Roll.

Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to Lender. Except only as specified in the Rent Roll, or as otherwise disclosed to Lender in the estoppel certificates delivered to Lender at Closing, to the Borrowers' Knowledge, (i) the Leases are in full force and effect; (ii) the Borrowers have not given any notice of default to any tenant under any Lease which remains uncured; (iii) no tenant has any set off, claim or defense to the enforcement of any Lease; (iv) no tenant is in arrears in the payment of rent, additional rent or any other charges whatsoever due under any Lease, or is materially in default in the performance of any other obligations under such Lease; and (v) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant's other obligations, or otherwise) or extensions of time whatsoever not reflected in such Rent Roll, except to the extent that the failure of the representations set forth in items (i) through (iv) to be true with respect to Leases (other than Material Leases) is not reasonably likely to have a Material Adverse Effect. To the Borrowers' Knowledge, each of the Leases is valid and binding on the parties thereto in accordance with its terms.

Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to Lender. Except only as specified in the Rent Roll, to the Borrowers’ Knowledge, (i) the Leases are in full force and effect; (ii) the Borrowers have not given any notice of default to any tenant under any Lease which remains uncured; (iii) no tenant has any set off, claim or defense to the enforcement of any Lease; (iv) no tenant is in default in the performance of any other obligations under its Lease; and (v) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant’s other obligations, or otherwise) or extensions of time whatsoever not reflected in such Rent Roll, except to the extent that the failure of the representations set forth in items (i) through (iv) to be true with respect to the Leases (other than Material Leases) in the aggregate is not reasonably likely to have a Material Adverse Effect. To the Borrowers’ Knowledge, each of the Leases is valid and binding on the parties thereto in accordance with its terms.

Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to the Administrative Agent as required by Section 6.2(c). Except only as specified in the Rent Roll, or as otherwise disclosed to Administrative Agent in the estoppel certificates delivered to Administrative Agent from time to time, to the Borrower's knowledge, (i) the Leases are in full force and effect;

Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to the Servicer. Except as specified in the Rent Roll, or as otherwise disclosed to the Servicer in the estoppel certificates delivered to the Servicer on or before the Closing Date, to the Issuers’ and the Asset Entities’ Knowledge, (i) the Wireless Site Contracts are in full force and effect; (ii) the Asset Entities have not given any notice of default to any Tenant under any Wireless Site Contract which remains uncured; (iii) no Tenant has any set off, claim or defense to the enforcement of any Wireless Site Contract; (iv) no Tenant is materially in default in the performance of any other obligation under its Wireless Site Contract; and (v) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing Tenant’s other obligations, or otherwise) or extensions of time whatsoever not reflected in such Rent Roll, except, other than with respect to any Material Wireless Site Contract, to the extent that the failure of the representations set forth in items (i) through (iv) to be true with respect to Wireless Site Contracts is not reasonably likely to have a Material Adverse Effect.

Rent Roll, Disclosure. A true and correct copy of the Rent Roll is attached hereto as Schedule 4.

Rent Roll, Disclosure. The Obligors will deliver upon ten Business Days’ advance written request from the Servicer, to the Servicer a true and correct copy of the Rent Roll. Except as specified in the Rent Roll, or as otherwise disclosed to the Servicer in the estoppel certificates delivered to the Servicer on or before the Series 2025-1 Closing Date, to the Issuer’s and the Asset Entities’ Knowledge, (i) the Customer Contracts are in full force and effect; (ii) the Obligors have not given any notice of default to any Customer under any Material Agreement which remains uncured; (iii) no Customer has any set off, claim or defense to the enforcement of any Material Agreement; (iv) no Customer is materially in default in the performance of any other obligation under any Material Agreement; and (v) there are no rent concessions (whether in the form of cash contributions, work agreements, assumption of an existing Customer’s other obligations, or otherwise) or extensions of time whatsoever not reflected in such Rent Roll, except, other than with respect to any Material Agreements, to the extent that the failure of the representations set forth in items (i) to be true with respect to Customer Contracts and (ii) through (iv) to be true with respect to any Material Agreement is not reasonably likely to have a Material Adverse Effect.