Common use of Representations and Warranties of Borrower Regarding Leases Clause in Contracts

Representations and Warranties of Borrower Regarding Leases. Borrower represents and warrants that Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Deed of Trust) to Administrative Agent Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements, together with a rent roll for the Property, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of the Property or any present or future interest therein.

Appears in 3 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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Representations and Warranties of Borrower Regarding Leases. Borrower represents and warrants that Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Deed of TrustMortgage) to Administrative Agent Lender Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements, together with a rent roll for the Property, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of the Property or any present or future interest therein.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Representations and Warranties of Borrower Regarding Leases. Borrower represents and warrants that Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Deed Deeds of Trust) to Administrative Agent Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements, together with a rent roll for the Property, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of the Property or any present or future interest therein.

Appears in 1 contract

Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.)

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Representations and Warranties of Borrower Regarding Leases. Borrower represents and warrants that Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Deed of Trust) to Administrative Agent Lender Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements, together with a rent roll for the Property, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of the Property or any present or future interest therein.

Appears in 1 contract

Samples: Term Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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