Representations and Warranties of Borrowers Regarding Leases. Each Borrower represents and warrants that such Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Security Instruments) to Lender such Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements of such Borrower, together with a rent roll for the Property of such Borrower, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of such Property or any present or future interest therein.
Representations and Warranties of Borrowers Regarding Leases. Each Borrower represents and warrants that such Borrower has delivered to Administrative Agent such Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements of such Borrower, together with a rent roll for the Property of such Borrower, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of such Property or any present or future interest therein.
Representations and Warranties of Borrowers Regarding Leases. Each Borrower represents and warrants that such Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Security Instruments) to Lender such Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements of such Borrower, together with a rent roll for the Property of such Borrower, and no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of such Property or any present or future interest therein. Notwithstanding anything to the contrary in this Section 1 of this Schedule 4, Borrowers will use commercially reasonable efforts to deliver to Lender, within sixty (60) days of the date of recording of the Security Instruments, One Washingtonian’s standard form of tenant lease for the One Washingtonian Property.
Representations and Warranties of Borrowers Regarding Leases. Each Borrower represents and warrants that such Borrower has delivered (or will deliver within thirty (30) days of the date of recording of the Security Instruments) to Administrative Agent such Borrower’s standard form of tenant lease and copies of all Leases and any guaranty(ies) thereof, affecting any part of the Improvements of such Borrower, together with a rent roll for the Property of such Borrower, and except as other disclosed in Exhibit “R” attached hereto, no such Lease or guaranty contains any option or right of first refusal to purchase all or any portion of such Property or any present or future interest therein.
