Common use of Rent Roll, Disclosure Clause in Contracts

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 materially 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 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Global Signal Inc)

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Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to Lenderthe Administrative Agent as required by Section 6.2(b). Except only as specified in the Rent Roll, or as otherwise disclosed to Lender Administrative Agent in the estoppel certificates delivered to Lender at Closing, Administrative Agent from time to the Borrowers' Knowledgetime, (i) the Leases are in full force and effect; (ii) the Borrowers have Borrower has not given any notice of default to any tenant under any Lease which remains uncured; (iii) to the Borrower’ knowledge, no tenant has any set off, claim or defense to the enforcement of any Lease; (iv) except as set forth on Schedule 4.24, no tenant is more than sixty (60) days 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 its such Lease; and (v) except as set forth on Schedule 4.24, there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant's ’s other obligations, or otherwise, excepting any free rent period at the commencement of the term or rent reductions scheduled to occur upon additional tenant’s executed Leases with respect to said Tower Property) 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 (ivv) 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 Each of the Leases is valid and binding on the parties thereto in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Rent Roll, Disclosure. A true and correct copy of the Rent Roll as of the Amendment Effective Date has been delivered made available electronically to Lenderthe Indenture Trustee. 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' Issuer’s and the Asset Entities’ Knowledge, (i) the Tenant Leases are in full force and effect; (ii) the Borrowers Asset Entities have not given any notice of default to any tenant Tenant under any Tenant Lease which remains uncured; (iii) no tenant Tenant has any set off, claim or defense to the enforcement of any Tenant Lease; (iv) no tenant Tenant is materially in default in the performance of any other obligations obligation under its Tenant Lease; and (v) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant's 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 (ivv) to be true with respect to the Tenant Leases (other than Material Leases) in the aggregate is not reasonably likely to have a Material Adverse Effect. To the Borrowers' Obligors’ Knowledge, each of the Tenant Leases is valid and binding on the parties thereto in accordance with its terms.

Appears in 1 contract

Samples: Indenture (American Tower Corp /Ma/)

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Rent Roll, Disclosure. A true and correct copy of the Rent Roll has been delivered to LenderIndenture Trustee. Except only as of December 15, 2004 as specified in the Rent Roll, or as otherwise disclosed to Lender the Indenture Trustee in the estoppel certificates delivered to Lender at ClosingIndenture Trustee on or before the Closing Date, to the Borrowers' Issuer Entity’s and the Asset Entities’ Knowledge, (i) the Leases Space Licenses are in full force and effect; (ii) the Borrowers Asset Entities have not given any notice of default to any tenant Tenant under any Lease Space License which remains uncured; (iii) no tenant Tenant has any set off, claim or defense to the enforcement of any LeaseSpace License; (iv) no tenant Tenant is materially in default in the performance of any other obligations obligation under its LeaseSpace License; and (v) there are no rent concessions (whether in form of cash contributions, work agreements, assumption of an existing tenant's 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 Space Licenses (other than Material LeasesSpace Licenses) is not reasonably likely to have a Material Adverse Effect. To the Borrowers' Issuer Entity’s and the Asset Entities’ Knowledge, each of the Leases Space Licenses is valid and binding on the parties thereto in accordance with its terms.

Appears in 1 contract

Samples: Crown Castle International Corp

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