Rent Rolls Clause Samples
The Rent Rolls clause requires the landlord to provide a detailed statement listing all tenants, the terms of their leases, and the amounts of rent currently being paid for a property. Typically, this clause applies in commercial real estate transactions, where the buyer or lender needs to verify the income stream and occupancy status of the property. By mandating disclosure of this information, the clause ensures transparency and allows the other party to accurately assess the financial health and value of the property, thereby reducing the risk of undisclosed vacancies or rent defaults.
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Rent Rolls. As soon as available and in any event within ninety (90) days after the end of each Fiscal Year, a rent roll, tenant sales report and operating statement for each property directly or indirectly owned in whole or in part by Borrower;
Rent Rolls. The Rent Rolls for the Portfolio Properties as of June 30, 1998 previously delivered to the Agent pursuant to the Revolving Facility (i) have been prepared in accordance with the books and records of the Portfolio Properties, and (ii) fairly present the leasing status of the Portfolio Properties as of the date thereof. Since the date of said Rent Rolls there has been no substantial adverse change to the leasing status of the Portfolio Properties.
Rent Rolls. An accurate and complete Rent Roll in all material respects as of the date of inclusion of each Multifamily Property as an Unencumbered Asset with respect to all Leases of any portion of such Unencumbered Asset has been provided to Agent.
Rent Rolls. Only if requested by Lender and then upon Lender’s request, a certified copy of the updated rent roll for the Property in a form reasonably acceptable to Lender, which shall be prepared and certified as true, complete and correct by an appropriate officer of the Managing Member of Borrower.
Rent Rolls. If reasonably requested by the Administrative Agent, a rent roll, tenant sales report and operating statement for each Consolidated Business that is a Real Property Business or indirectly owned in whole or in part by Borrower;
Rent Rolls. As soon as practicable following the request from any Lender, rent rolls (on Borrower’s detailed form of rent roll) for each Portfolio Property (to the extent so requested) dated as of the last day of the most recently completed Fiscal Quarter, in form and substance satisfactory to Agent, certified by the REIT’s chief executive officer, president, chief financial officer, or treasurer. Copies of the rent rolls will be provided only to those Lenders which expressly request copies thereof.
Rent Rolls. Rent rolls of the Parent, certified as of a recent date by the Treasurer of the Parent as being true and complete in all material respects to his knowledge.
Rent Rolls. The rent rolls, dated as of May 2, 2003 and previously provided by PREIT to Crown, with respect to the Anchor Tenants, and the Other Tenants identified therein (together, the "PREIT Rent Roll") lists each PREIT Space Lease in effect as of the respective dates indicated in the PREIT Rent Roll and, except for omissions or discrepancies that, individually and in the aggregate, would not reasonably be expected to have a PREIT Material Adverse Effect, all information set forth in the PREIT Rent Roll is true, correct and complete as of the date thereof. "PREIT Space Lease" means each lease or other right of occupancy affecting or relating to a property in which PREIT (or an entity in which it directly or indirectly has an interest) is the landlord, either pursuant to the terms of the lease agreement or as successor to any prior landlord, but excluding any PREIT Ground Lease and agreements for space with a non-renewable term of less than one year. PREIT has made available to Crown true, correct and complete copies of all PREIT Space Leases, including all amendments, modifications, supplements, renewals, extensions and guarantees related thereto, as of the date hereof. Except as set forth in a delinquency report, dated as of May 2, 2003 and previously provided by PREIT to Crown, neither PREIT or any PREIT Subsidiary, on the one hand, nor, to the Knowledge of PREIT or PREIT Partnership, any other party, on the other hand, is in default under any PREIT Space Lease, except for such defaults that would not reasonably be expected to have a PREIT Material Adverse Effect.
Rent Rolls. Within 30 days after the end of each quarter, the rent roll for the Real Property for that quarter. Each rent roll will be certified by the person generating the rent roll, in its standard form of certification, as true and correct in all material respects.
Rent Rolls. The Rent Rolls attached hereto completely and accurately reflect the material terms and conditions of the Leases in all material respects as of its date. Except as disclosed on the Rent Roll, to the Actual Knowledge of Transferors, as of the date of the Rent Roll, there are no other Tenants at the Property with a Transferor's consent, and no Rental under any Lease has been collected in advance of the current month. The Rent Roll shall be updated at the Closing to reflect any changes which occur after the Effective Date.