SNDAs. Borrower shall use commercially reasonable efforts to obtain SNDAs from each of the tenants occupying more than fifteen percent (15%) of the net rentable area of the Property within sixty (60) days after the Closing Date.
Appears in 12 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)
SNDAs. Borrower shall use commercially reasonable efforts to obtain SNDAs from the three (3) largest tenants of the Property and each of the tenants occupying more than fifteen ten percent (1510%) of the net rentable area of the Property within sixty (60) days after the Closing Date.
Appears in 2 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.)
SNDAs. (a) Borrower shall use commercially reasonable efforts to obtain, within sixty (60) days after the Effective Date, SNDAs from all tenants occupying more than fifteen thousand (15,000) square feet of the net rentable area of the Property; and
(b) Borrower shall use commercially reasonable efforts to obtain SNDAs from each of the tenants occupying any future tenant that leases more than fifteen percent thousand (15%15,000) square feet of the net rentable area of the Property within sixty (60) days after the Closing DateProperty.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)