Common use of Reporting during the Rent Shortfall Guarantee Period Clause in Contracts

Reporting during the Rent Shortfall Guarantee Period. (a) The Purchaser must report and keep the Vendor regularly informed during the Rent Shortfall Guarantee Period of the activities undertaken by it to source and secure tenants to enter into leases for each Rental Shortfall Vacant Tenancy. (b) The Vendor must report and keep the Purchaser fully informed of the progress of the Negotiated Leases under clause 25.3.

Appears in 3 contracts

Samples: Contract of Sale (Hines Global REIT, Inc.), Contract of Sale (Hines Global REIT, Inc.), Contract of Sale (Hines Global REIT, Inc.)

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Reporting during the Rent Shortfall Guarantee Period. (a) The Purchaser must report and keep the Vendor regularly informed during the Rent Shortfall Guarantee Period of the activities undertaken by it to source and secure tenants to enter into leases for each Rental Shortfall Vacant Tenancy. (b) The Vendor must report and keep the Purchaser fully informed of the progress of the Negotiated Leases under clause 25.327.3.

Appears in 1 contract

Samples: Contract of Sale (Hines Global REIT, Inc.)

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