Rent Roll; Leases Sample Clauses

Rent Roll; Leases. To Seller’s Knowledge, the rent roll and schedule of Security Deposits (collectively, the “Rent Roll”) attached hereto as Schedule 3.2(b-1), is true, correct and complete in all respects, is the actual Rent Roll that Seller uses and relies upon in conducting its activities at the Property, and includes a list of all leases, licenses and occupancy agreements relating to: (i) the occupancy of the Property and (ii) the rental of parking spaces at the Property (together with any amendments, renewals, extensions, supplements, modifications, addendums, guarantees and security deposits thereof and all New Leases entered into in accordance with Section 5.1(m)(i) hereof) (collectively, the “Leases”). Except as set forth in the arrearages report attached hereto as Schedule 3.2(b-2), all Rents (as hereinafter defined) are being collected on a current basis and there are no Rent defaults by any tenant and no tenant has paid rent or other charges due under any Lease more than thirty (30) days in advance. All the Leases are in full force and effect. No tenant, occupant or licensee is entitled to any tenant concessions, inducements, refunds, rebates, discounts, free rent periods or other similar arrangement (outstanding or otherwise) and no tenant has claimed or asserted, or has the right to, any defenses, counterclaims, set-offs, offsets or abatements of or against the rent or any other charges payable under its Lease. True, correct and complete copies of the Leases have been made available to the Buyer. Seller is the landlord under each Lease and has not assigned, mortgaged, pledged, sublet, hypothecated or otherwise encumbered any of its rights or interests under any of the Leases. No Lease grants a lease, license or right to use or occupy any portion of the Property primarily for any commercial purpose.
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Rent Roll; Leases. As of the Effective Date, (i) the rent roll attached hereto as Schedule 3.05(b) (the “Rent Roll”) is true, complete and correct as of the Effective Date and (ii) the Borrowing Base Properties are not subject to any Leases other than the Leases described in the Rent Roll. Each Postal Lease for each Borrowing Base Property is a Qualifying Lease. No Person has any possessory interest in, or right to occupy, any Borrowing Base Property except under the terms of the Postal Lease. No Postal Lease for any Borrowing Base Property, nor the rents payable thereunder, have been assigned or pledged to any Person except to Administrative Agent. As of the Effective Date, the Borrower has delivered to Administrative Agent true, correct and complete copies of all Postal Leases in effect on the Effective Date.
Rent Roll; Leases. To Seller's knowledge as of the Effective Date, each of the Rent Roll, the Delinquency Report and the Concession Report delivered to Purchaser pursuant to Section 4.1 is a true and correct copy, in all material respects, of the Rent Roll, the Delinquency Report and the Concession Report, as applicable, that Seller utilizes in the ordinary course of owning and operating the Property. To Seller's knowledge as of the date of delivery, any updated Rent Roll (if any, and without any obligation to deliver same except as may be expressly required in this Agreement) that may be delivered by Seller to Purchaser after the Effective Date is a true and correct copy, in all material respects, of the Rent Roll, the Delinquency Report and the Concession Report, as applicable, that Seller utilizes in the ordinary course of owning and operating the Property. Except as may be reflected by the Property Documents, the Title Commitment or otherwise disclosed in writing to Purchaser during the Inspection Period, Seller has not granted to any tenant, or any other person, entity or association, an option to purchase, right of first refusal, right of first offer or other similar right in respect of all or any portion of the Real Property. Except as set forth on the Rent Roll, there are no security deposits or other deposits held by Seller under the Leases. Except as set Exhibit M, List of Existing Loan Documents M-30 forth on the Concession Report, no tenant that is in occupancy at the Property as of the Effective Date is entitled to rental concessions or abatements for any period subsequent to the Closing Date.
Rent Roll; Leases. A current rent roll ("Rent Roll") for the Property, which Rent Roll shall include, without limitation, for each Lease, the tenant's name, address, lease date, square footage of the space occupied and suite number, lease commencement and termination date, security deposit, monthly rental (including any and all rent step ups) and all other charges payable under such Lease (including a description of the base year and the tenant's share of CAM reimbursements), and a description of any extension, renewal or expansion options or rights of first offer or refusal with respect to the Property, together with copies of all Leases affecting the Property;
Rent Roll; Leases. The rent roll for the Property (the “Rent Roll” is attached hereto as Exhibit F).
Rent Roll; Leases. Borrower shall have delivered to Lender a current rent roll for the Property containing such detail as Lender may reasonably request. Lender shall have received estoppel certificates and subordination, non-disturbance, and attornment agreements from the tenant of the Gaia Lease. No tenant shall be in default under its applicable Approved Lease and no Material Adverse Event shall have occurred with respect to any such tenant.
Rent Roll; Leases. There is no rent roll applicable to any tenant or Lease. There are no tenant leases (“Leases”) affecting the Property as of the Effective Date. ​
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Rent Roll; Leases. The rent roll provided by Seller (“Rent Roll”) is a true and correct list of all of the Leases presently in force and affecting the Real Property and truly, accurately, fully and completely sets forth the information to be contained therein, including the lease term and rental, information noted thereon; all of the Leases are in full force and effect and no amendment, modification or supplement of any kind of any of such Leases exists other than as specified on the Rent Roll; and all rental and other payments due under the Leases as of the Effective Date has been paid in full, except as noted on the Aged Delinquency Report. Other than as set forth on the Rent Roll, there are no leases, rental agreements or occupancy agreements for use or occupancy of any portion of the Real Property. The Rent Roll is the rent roll maintained by Seller and relied on by Seller for internal administration and accounting purposes in its day to day operations. To Seller’s actual knowledge, no tenant under any Lease is in material default under the applicable Lease, except as disclosed by the Aged Delinquency Report. Seller has complied in all material respects with Seller’s duties and obligations as “lessor” or “landlord” under the Leases.
Rent Roll; Leases. (i) the Rent Roll attached hereto as Schedule 5.01(c) (the “Rent Roll”) is the current rent roll for the Property which, to Seller’s knowledge, is true, correct and complete in all material respects effective as of the date set forth thereon and (ii) the Rent Roll is the Rent Roll Seller uses and relies upon in the ordinary course of operating the Property. Except as stated in the Rent Roll (as of the Effective Date) or the Rent Roll delivered at Closing (as of the Closing Date), there are no other written (or, to Seller’s knowledge, unwritten) leases, subleases, licenses or other occupancy agreements which grant any possessory interest in and to any space situated on or in the Improvements or other portions of the Property. To Seller’s knowledge, Seller has delivered to Purchaser true, correct, and complete copies of the Leases.

Related to Rent Roll; Leases

  • New Leases Continue its present rental program and efforts at such Seller’s Property to rent vacant space in accordance with past practices; provided that, without the prior written consent of the Buyer, which consent may be granted or withheld in the Buyer’s sole discretion, such Seller shall not (i) execute any new lease, license or other occupancy agreement, (ii) amend, supplement, terminate, accept the surrender of, renew or otherwise modify any existing Lease, (iii) approve any assignment or sublease of any existing Lease, or (iv) waive any right or obligation thereunder; provided, however, that, in the case of any amendment, supplement, termination, surrender, renewal or modification of any existing Lease as set forth in clause (ii) above, if such existing Lease expressly and specifically sets forth the terms of any such amendment, supplement, termination, surrender, renewal or modification and requires the landlord under the Lease to acknowledge or counter-sign the same, in which case, the Buyer’s consent shall not be required, but Seller shall provide the Buyer with written notice of (and to the extent such amendment, supplement or modification modifies the rental terms of such Lease which rental amount is not specifically stated in such Lease, the Buyer shall have an opportunity to review and comment upon) such amendment, supplement, termination, surrender, renewal or modification at least five (5) Business Days prior to the date of execution. If such Seller enters into any new lease, license or other occupancy agreement, or renews any existing Lease (each such new lease, license, occupancy agreement and renewal, a “New Lease”) after the date hereof in accordance with the terms of this Section 3.2(d), then each such lease, license, occupancy agreement and renewal shall be included in the definition of “Leases” herein and added to Schedule 3.2(c) attached hereto, shall be assigned to and assumed by the Buyer at the Closing in accordance with this Agreement. If the Buyer does not reject or approve a new lease, license, occupancy agreement, renewal or a Lease amendment within five (5) Business Days after receipt of a copy thereof, then the Buyer shall be deemed to have approved such new lease, license, occupancy agreement, renewal or Lease amendment; provided that such notice includes specific reference to this Section 3.3(d) and the deemed approval provision hereof.

  • Operating Leases Not permit the aggregate amount of all rental payments under Operating Leases made (or scheduled to be made) by the Loan Parties (on a consolidated basis) to exceed $1,000,000 in any Fiscal Year.

  • Ground Leases For purposes of this Exhibit C, a “Ground Lease” shall mean a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

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