Common use of Space Leases Clause in Contracts

Space Leases. Schedule 2.1(p) of the HT Disclosure ------------- Schedule sets forth a true, correct and complete list of all space leases where HT, HLP or any Subsidiary is the landlord (including all modifications or amendments thereto) in effect as of the date hereof ("Space Leases" or individually a "Space Lease"), together with the ------------ ----------- most recent rent roll for each HT Property, showing, inter alia, a full, complete and accurate list of tenants, current rents, security deposits, prepaid rents and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissions. To the Knowledge of HT, HLP and each Subsidiary, true, correct and complete copies of all Space Leases (including all modifications or amendments) have been delivered to CHP. Except as set forth on Schedule 2.1(p) of the HT Disclosure Schedule, (i) HT, HLP or a Subsidiary is the sole owner of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, has not pledged, assigned or hypothecated (except for secured financings identified on Schedule 2.1(p) of the HT Disclosure Schedule) any of its interest in any of the Space Leases, (ii) no Space Lease has been modified, or to the Knowledge of HT, HLP and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully performed all obligations on the part of the landlord (including tenant work or payments on account thereof) to be performed under each Space Lease, and there are no agreements with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases, all of which has been fully performed and paid for by HT, HLP or such Subsidiary; (iv) no tenant has any right of first offer or refusal with respect to, or other option to purchase, any HT Property or any interest therein, or, except as set forth in the Space Leases, to lease additional space in any HT Property, to extend the term of such tenant's Space Lease, to put back to the landlord any space currently subject to such tenant's Space Lease, or to terminate such tenant's Space Lease; (v) no notice of default has been given or received by HT, HLP or any Subsidiary with respect to any Space Lease, and, to the Knowledge of HT, HLP or any Subsidiary, no tenant otherwise is in monetary or material default under its Space Lease, or with the giving of notice, the lapse of time or the happening of any further event or condition, would become in default under such Space Lease; (vi) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with any tenant under any Space Leases, and (ix) no tenant has paid rent for more than one month in advance.

Space Leases. Schedule 2.1(pBorrower shall deliver to Lender a signed copy of all Leases (other than residential Leases) with respect to the Property or executed counterparts thereof, now existing or hereafter made from time to time, within thirty (30) days of signing, affecting all or any part of the HT Disclosure ------------- Schedule sets Property, and except as is set forth a trueherein, correct all Leases now or hereafter entered Into with respect to the Property shall be in form and complete list substance subject to the approval of Lender. Borrower shall not, without Xxxxxx's prior written consent, execute, modify, surrender or terminate any Lease now existing or hereafter made affecting all space leases where HT, HLP or any Subsidiary is the landlord (including all modifications or amendments thereto) in effect as part of the date hereof ("Space Leases" or individually a "Space Lease")Property; provided, together with however, that Borrower may enter into Leases affecting the ------------ ----------- most recent rent roll for each HT Property, showing, inter alia, a full, complete and accurate list of tenants, current rents, security deposits, prepaid rents and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissions. To the Knowledge of HT, HLP and each Subsidiary, true, correct and complete copies of all Space Property without Lender's consent if such Leases (including all modifications or amendmentsi) provide for a term of no less than three (3) years and no more than seven (7) years and at least a market rental rate for comparable properties in the geographic area of the Property (as determined by Xxxxxx); (ii) have been delivered to CHP. Except as set forth on Schedule 2.1(p) of the HT Disclosure Schedulenegotiated at arms length with a bona fide Independent, (i) HT, HLP or a Subsidiary is the sole owner of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, has not pledged, assigned or hypothecated (except for secured financings identified on Schedule 2.1(p) of the HT Disclosure Schedule) any of its interest in any of the Space Leases, (ii) no Space Lease has been modified, or to the Knowledge of HT, HLP and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, third·party tenant; (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully performed all obligations on the part demise not more than fifteen (15%) percent of the landlord (including tenant work lesser of gross square footage of, or payments on account thereof) to be performed under each Space Leasetotal Income generated by, and there are no agreements with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases, all of which has been fully performed and paid for by HT, HLP or such SubsidiaryImprovements; (iv) no tenant has any right do not contain material modifications from the standard form of first offer or refusal with respect toLease previously approved by Lender; (v) do not change the use of the Property In effect. at the time the Loan was made; {vi) do not have a materially adverse effect on the value of the Property taken as a whole; and (vii) are subject and subordinate to this Security Instrument and the lessees thereunder agree to attorn to Lender. If the Property is multifamily, self-storage, or other option to purchasemobile home park, any HT Property the prior consent of Lender shall not be required in connection with the making, modification or any interest therein, or, except as set forth termination of Leases in the Space Leasesordinary course of business and In the exercise of Borrower's prudent business judgment, to lease additional space in any HT Property, to extend provided 0) the term of such tenant's Space Lease, to put back to the landlord Leases (including any space currently subject to such tenant's Space Lease, renewal or to terminate such tenant's Space Lease; extension term) shall be no less than six (v6) months and no notice of default has been given or received by HT, HLP or any Subsidiary with respect to any Space Lease, and, to the Knowledge of HT, HLP or any Subsidiary, no tenant otherwise is in monetary or material default under its Space Lease, or with the giving of notice, the lapse of time or the happening of any further event or condition, would become in default under such Space Lease; more than eighteen (vi18) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with any tenant under any Space Leases, months and (ixii) no tenant has paid rent the rental rate for more than one month such Leases shall be at least a market rental .rate for comparable properties in advancethe geographic area of the Property. Borrower shall pay a late fee of $500 to Lender each time Borrower fails to deliver the required documents set forth above within the time set forth above, if such delivery delinquency continues for ten (10) days after written notice thereof.

Space Leases. Except as set forth in Schedule 2.1(p3(w)(i)(2), (i) the Company and its Subsidiaries, as applicable, is not a landlord or licensor or in any other role granting occupancy rights to any Real Property under any contract or agreement with respect to the occupancy of the HT Disclosure ------------- Real Property or any portion or portions thereof, including all agreements, amendments, guarantees, side letters and other material documents relating thereto (“Space Leases”); (ii) the list of Space Leases attached hereto as Schedule sets forth 3(w)(i)(2) constitutes a true, correct and complete list of all space leases where HT, HLP or any Subsidiary is the landlord (including all modifications or amendments thereto) in effect as of the date hereof ("Space Leases" or individually a "Space Lease"), together with the ------------ ----------- most recent rent roll for each HT Property, showing, inter alia, a full, complete and accurate list of tenants, current rents, security deposits, prepaid rents all the Space Leases and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissions. To the Knowledge of HT, HLP and each Subsidiary, Company has delivered true, correct accurate and complete copies of the Space Leases to the Buyers; (iii) all Space Leases Leases, if any, are in full force and effect; (including all modifications iv) there are no security deposits or amendments) have been delivered to CHP. Except as set forth other deposits other than those listed on Schedule 2.1(p3(w)(i)(2) attached hereto, which specifies whether they are in the form of cash or letter of credit; (v) neither the Company nor its Subsidiaries (as applicable) has given or received any written notice of any breach or default under any of the HT Disclosure Schedule, (i) HT, HLP or a Subsidiary is the sole owner of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, that has not pledgedbeen cured, assigned nor has the Company and/or its Subsidiaries (as applicable), to its knowledge, received from or hypothecated sent to, any current tenant any written notice with respect to any bankruptcy action or any default by any party to any Space Lease beyond any applicable grace period which has not been cured or remedied and, to the Company and/or its Subsidiaries (except for secured financings identified on Schedule 2.1(pas applicable) knowledge, there is no state of facts which, with notice, the HT Disclosure Schedule) passage of time or both, would ripen into a default by any of its interest in party to any of the Space Leases, ; (iivi) no Space Lease has been modified, or to the Knowledge of HT, HLP Company and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully its Subsidiaries have performed all material obligations on the part of the landlord (including tenant work or payments on account thereof) to be performed under each the Space LeaseLeases, and there are is no agreements agreement with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases, all of which has been fully performed and paid for by HT, HLP or such Subsidiary; (iv) no tenant has any right of first offer or refusal with respect to, or other option to purchase, any HT Property or any interest therein, or, except . Except as set forth in on Schedule 3(w)(i)(2), (a) the Company and its Subsidiaries have completed all tenant improvements required under the Space Leases to be constructed by the Company and its Subsidiaries; (b) the Company and its Subsidiaries have paid all monetary allowances or credits payable to or earned by any tenant under the Space Leases; (c) the Space Leases do not provide for any free rent periods; and (d) the Company and its Subsidiaries have paid any and all amounts owed under any leasing/commission agreement or otherwise, including brokers’ commissions, leasing fees and legal fees, if any, and any and all payments required under a Space Lease to lease additional space in any HT Property, to extend the term of such tenant's Space Lease, to put back to be paid by the landlord any space currently subject thereunder to such tenant's Space Lease, or to terminate such tenant's Space Lease; (v) no notice for the benefit of default has been given or received by HT, HLP or any Subsidiary with respect to any Space Lease, and, to the Knowledge of HT, HLP or any Subsidiary, no tenant otherwise thereunder which is in monetary the nature of a tenant inducement, including specifically, without limitation, tenant improvement costs, tenant allowances, rent abatement, lease buyout costs, and moving, design, refurbishment and free rent. After the date of this Agreement until the consummation of the Mxxxx Transaction, neither the Company nor any of its Subsidiaries shall enter into any new leases or material default under its Space Leaseservice contracts or amend, modify or with the giving of notice, the lapse of time or the happening of terminate any further event or condition, would become in default under such Space Lease; (vi) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with any tenant under any Space Leases, and (ix) no tenant has paid rent for more than one month in advanceSpace Leases or Service Contracts without the Buyer’s consent, which consent my not be unreasonably withheld, conditioned or delayed.

Space Leases. Schedule 2.1(p(a) of To Seller's knowledge, the HT Disclosure ------------- Schedule sets forth rent roll attached hereto as Exhibit N (the "Rent Roll") contains a true, correct and complete list of all space leases where HTand other agreements in respect thereof, HLP all as amended, renewed and extended to the date thereof, whether oral or written, specifying correctly and completely the following as to each Lease: (i) a description (by rentable square feet and location) of the leased space; (ii) the name of the original and current lessee or any Subsidiary is the landlord (including all modifications or amendments thereto) in effect as other occupant of the date hereof space ("Space Leases" or individually each, a "Space LeaseLessee"); (iii) the commencement and expiration dates of the original Lease and any renewal terms thereof; (iv) the basic rent (collectively, "Rents"), together and a specification of the dates on which each payment thereof is due and through which each has been paid and the extent of any delinquencies thereof; (v) all Rents prepaid by the Lessee; (vi) all options which Lessee has, including, without limitation, options to expand or change space, to extend or renew the term of the Lease; and (vii) the security deposit (the "Security Deposit") given by the Lessee and the interest accrued thereof, if any. (b) To Seller's knowledge, each Security Deposit has been and is held by Seller in compliance with the ------------ ----------- most recent rent roll for each HT Property, showing, inter alia, a full, complete respective Lease and accurate list of tenants, current rents, security deposits, prepaid rents and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissionsapplicable law. To Seller's knowledge, there are no unfulfilled obligations as to Security Deposits to Lessees under Leases the Knowledge terms of HTwhich have expired or been terminated and, HLP and to Seller's knowledge, there is no suit, action or other claim made, pending or threatened with respect to any such Security Deposit. (c) Except as otherwise noted in the Rent Roll or in the Leases delivered to Purchaser, to Seller's knowledge, the following is true with respect to each SubsidiaryLease: (i) no Lease contains any purchase option; (ii) no guarantor has been released or discharged, truevoluntarily or involuntarily or by operation of law, correct and complete copies of all Space Leases from any obligation with respect to the Lease that is guaranteed; (including all modifications or amendmentsiii) no Rents have been delivered assigned, pledged or encumbered except for encumbrances to CHP. be extinguished at or prior to Closing; and (iv) Except as set forth on Schedule 2.1(pExhibit P, all brokerage commissions, if any, applicable to the Leases have been paid or will be paid by the Seller on or before Closing Date and all tenant improvement obligations of Seller as lessor under the Leases have been satisfied. (d) To Seller's knowledge, no Security Deposit has been applied by Seller on account of any actual or purported obligation of any Lessee except as indicated on the Rent Roll and after the expiration of the HT Disclosure ScheduleInspection Period, Seller shall not apply any Security Deposit on account of any actual or purported obligation of any Lessee prior to the Closing unless such Lessee has vacated and surrendered its leased premises to Seller prior to the Closing. (ie) HTTo Seller's knowledge, HLP no Lessee has been given any concession or a Subsidiary is consideration for the sole owner rental of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, has not pledged, assigned or hypothecated (except for secured financings identified on Schedule 2.1(p) of the HT Disclosure Schedule) any portion of its interest in demised premises which will have any of material effect upon the Space Leases, rental income represented by Seller hereunder (ii) no Space Lease has been modified, or to the Knowledge of HT, HLP and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully performed all obligations on the part of the landlord (including tenant work or payments on account thereof) to be performed under each Space Lease, and there are no agreements with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases); and to Seller's knowledge, all of which has been fully performed and paid no Lessee is entitled hereafter to any concession, rebate, allowance or free rent for by HT, HLP any period on or such Subsidiary; (iv) no tenant has any right of first offer or refusal with respect to, or other option to purchase, any HT Property or any interest therein, orafter the date hereof, except as set forth in the Space Leases. (f) To Seller's knowledge, to lease additional space in Seller has not received any HT Property, to extend the term of such tenant's Space Lease, to put back to the landlord any space currently subject to such tenant's Space Lease, or to terminate such tenant's Space Lease; (v) no notice of a default has been given or received by HT, HLP or any Subsidiary with respect to any Space Lease, and, to on the Knowledge part of HT, HLP or any Subsidiary, no tenant otherwise is in monetary or material default under its Space Lease, or with the giving of notice, the lapse of time or the happening of any further event or condition, would become in default under such Space Lease; (vi) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with Lessor from any tenant under any Space Leases, and (ix) no tenant has paid rent for more than one month in advanceits Lease which default remains uncured.

Space Leases. Schedule 2.1(p(a) of To Seller's knowledge, the HT Disclosure ------------- Schedule sets forth rent roll attached hereto as Exhibit N (the "Rent Roll") contains a true, correct and complete list of all space leases where HTand other agreements in respect thereof, HLP all as amended, renewed and extended to the date thereof, whether oral or written, specifying correctly and completely the following as to each Lease: (i) a description (by rentable square feet and location) of the leased space; (ii) the name of the original and current lessee or any Subsidiary is the landlord (including all modifications or amendments thereto) in effect as other occupant of the date hereof space ("Space Leases" or individually each, a "Space LeaseLessee"); (iii) the commencement and expiration dates of the original Lease and any renewal terms thereof; (iv) the basic rent (collectively, "Rents"), together and a specification of the dates on which each payment thereof is due and through which each has been paid and the extent of any delinquencies thereof; (v) all Rents prepaid by the Lessee; (vi) all options which Lessee has, including, without limitation, options to expand or change space, to extend or renew the term of the Lease, except that lessor asserts that Hopkins & Gresham, P.C. has defaxxxxx xndex xxx xease as a result of chronic late payments of rent and that said lessee is not entitled to an extension option ("Hopkins & Gresham Disclosure"); xxx (vii) the security deposit (the "Security Deposit") given by the Lessee and the interest accrued thereof, if any. (b) To Seller's knowledge, each Security Deposit has been and is held by Seller in compliance with the ------------ ----------- most recent rent roll for each HT Propertyrespective Lease and applicable law, showing, inter alia, except that Dr. Dubin is delinquent in the pxxxxxx xx a full, complete and accurate list of tenants, current rents, $2,033.96 security deposits, prepaid rents and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissionsdeposit ("Dubin Disclosure"). To Seller's xxxxledge, there are no unfulfilled obligations as to Security Deposits to Lessees under Leases the Knowledge terms of HTwhich have expired or been terminated and, HLP and to Seller's knowledge, there is no suit, action or other claim made, pending or threatened with respect to any such Security Deposit. (c) Except as otherwise noted in the Rent Roll or in the Leases delivered to Purchaser, to Seller's knowledge, the following is true with respect to each SubsidiaryLease: (i) no Lease contains any purchase option; (ii) no guarantor has been released or discharged, truevoluntarily or involuntarily or by operation of law, correct and complete copies of all Space Leases from any obligation with respect to the Lease that is guaranteed; (including all modifications or amendmentsiii) no Rents have been delivered assigned, pledged or encumbered except for encumbrances to CHP. be extinguished at or prior to Closing; and (iv) Except as set forth on Schedule 2.1(pExhibit P, all brokerage commissions, if any, applicable to the Leases have been paid or will be paid by the Seller on or before Closing Date and all tenant improvement obligations of Seller as lessor under the Leases have been satisfied. (d) To Seller's knowledge, no Security Deposit has been applied by Seller on account of any actual or purported obligation of any Lessee except as indicated on the Rent Roll and except that Smith, Purcell, Basett & Koenig rightfully applied a secuxxxx xeposit of $9,209.56 to the payment of rent in accordance with the terms of its lease and, after the expiration of the HT Disclosure ScheduleInspection Period, Seller shall not apply any Security Deposit on account of any actual or purported obligation of any Lessee prior to the Closing unless such Lessee has vacated and surrendered its leased premises to Seller prior to the Closing. (ie) HTTo Seller's knowledge, HLP no Lessee has been given any concession or a Subsidiary is consideration for the sole owner rental of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, has not pledged, assigned or hypothecated (except for secured financings identified on Schedule 2.1(p) of the HT Disclosure Schedule) any portion of its interest in demised premises which will have any of material effect upon the Space Leases, rental income represented by Seller hereunder (ii) no Space Lease has been modified, or to the Knowledge of HT, HLP and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully performed all obligations on the part of the landlord (including tenant work or payments on account thereof) to be performed under each Space Lease, and there are no agreements with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases); and to Seller's knowledge, all of which has been fully performed and paid no Lessee is entitled hereafter to any concession, rebate, allowance or free rent for by HT, HLP any period on or such Subsidiary; (iv) no tenant has any right of first offer or refusal with respect to, or other option to purchase, any HT Property or any interest therein, orafter the date hereof, except as set forth in the Space Leases. (f) To Seller's knowledge, to lease additional space in Seller has not received any HT Property, to extend the term of such tenant's Space Lease, to put back to the landlord any space currently subject to such tenant's Space Lease, or to terminate such tenant's Space Lease; (v) no notice of a default has been given or received by HT, HLP or any Subsidiary with respect to any Space Lease, and, to on the Knowledge part of HT, HLP or any Subsidiary, no tenant otherwise is in monetary or material default under its Space Lease, or with the giving of notice, the lapse of time or the happening of any further event or condition, would become in default under such Space Lease; (vi) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with Lessor from any tenant under any Space Leases, and (ix) no tenant has paid rent for more than one month in advanceits Lease which default remains uncured.

Space Leases. (i) The documents listed on Schedule 2.1(p3.2(b-1) (the “Space Leases”) constitute all the leases, licenses and occupancy agreements relating to the Property under which Seller is the holder of the HT Disclosure ------------- landlord’s interest, (ii) the Space Leases have not been modified or amended except as stated in Schedule sets 3.2(b-1), (iii) the Space Leases contain the entire agreement between the relevant landlord and the Tenants named therein and (iv) except as set forth in Schedule 3.2(b-2), Rents are currently being collected under the Space Leases without offset, counterclaim or deduction, and there are no prepaid Rents. True and complete copies of the Space Leases have been made available to Buyer. Schedule 3.2(b-3) is a true, correct true and complete list of all space leases where HT, HLP Leasing Costs with respect to the Space Leases or any Subsidiary is renewal thereof. Schedule 3.2(b-4) sets forth a true and complete list of all Security Deposits (specifying (x) whether in the landlord form of cash, letter of credit or otherwise and (including all modifications or amendments theretoy) in effect as of both the date hereof ("amount required under the applicable Space Lease and the unapplied amount thereof) held by Seller under the Space Leases" or individually a "Space Lease"), together with the ------------ ----------- most recent rent roll for each HT Property, showing, inter alia, a full, complete and accurate list of tenants, current rents, security deposits, prepaid rents and rent delinquencies, unperformed or outstanding tenant improvement costs and unpaid leasing commissions. To the Knowledge of HT, HLP and each Subsidiary, true, correct and complete copies of all Space Leases (including all modifications or amendments) have been delivered to CHP. Except as set forth on Schedule 2.1(p) 3.2(b-5), Seller has not delivered or received a written notice of a default under any Space Lease which has not been cured or rescinded, and to Seller’s Knowledge, there exists no circumstance or event which, with the HT Disclosure Schedulegiving of notice or passage of time, or both, would constitute a default by either Seller or a Tenant under any Space Lease. To Seller’s Knowledge, no Tenant has (i) HT, HLP filed for bankruptcy or a Subsidiary is the sole owner of the lessor's interest in all Space Leases and HT, HLP or such Subsidiary, as the case may be, has not pledged, assigned or hypothecated (except for secured financings identified on Schedule 2.1(p) of the HT Disclosure Schedule) taken any of its interest in any of the Space Leasessimilar debtor protection measure, (ii) no Space Lease has been modified, discontinued operations at the Property or to the Knowledge of HT, HLP and each Subsidiary, assigned or sublet by the tenant thereunder, in any respect except as shown on Schedule 2.1(p) of the HT Disclosure Schedule, (iii) to the Knowledge of HT, HLP and each Subsidiary, HT, HLP or such Subsidiary, as the case may be, has fully performed all obligations on the part of the landlord (including tenant work or payments on account thereof) to be performed under each Space Lease, and there are no agreements with any tenant for the performance of any work or otherwise with respect to any matter except as set forth in the Space Leases, all of which has been fully performed and paid for by HT, HLP or such Subsidiary; (iv) no tenant has any right of first offer or refusal with respect to, or other option to purchase, any HT Property or any interest therein, or, except as set forth in the Space Leases, to lease additional space in any HT Property, to extend the term of such tenant's Space Lease, to put back to the landlord any space currently subject to such tenant's Space Lease, or to terminate such tenant's Space Lease; (v) no given Seller notice of default has been given or received by HT, HLP or any Subsidiary with respect its intention to any Space Lease, and, to the Knowledge of HT, HLP or any Subsidiary, no tenant otherwise is in monetary or material default under its Space Lease, or with the giving of notice, the lapse of time or the happening of any further event or condition, would become in default under such Space Lease; (vi) no tenant has asserted any claim against the landlord under its Space Lease or instituted, or to the Knowledge of HT, HLP or any Subsidiary threatened, any judicial suit or proceeding or other adversarial action, (vii) to the Knowledge of HT, HLP or any Subsidiary, no tenant is the subject of voluntary or involuntary bankruptcy or other insolvency proceedings, (viii) to the Knowledge of HT, HLP or any Subsidiary, there are no pending disputes with any tenant under any Space Leases, and (ix) no tenant has paid rent for more than one month in advancedo so.