Space Leases. Seller has delivered or made available to Purchaser prior to the Effective Date, complete copies of all Space Leases, and there are no Space Leases except as set forth on the list attached hereto as Exhibit D. Except as disclosed in Exhibit D, (i) to Seller’s Knowledge, each Space Lease is in full force and effect; (ii) neither Seller nor Manager has received any written notice from any Space Lessee claiming that Seller is currently in default under any Space Leases; and (iii) no Space Lessee is in default in any material monetary obligation or, to Seller’s Knowledge, any material non-monetary obligation, under its Space Lease.
Appears in 5 contracts
Samples: Agreement for Sale and Purchase of Hotel (Carey Watermark Investors 2 Inc), Agreement for Sale and Purchase of Hotel (Carey Watermark Investors Inc), Agreement for Sale and Purchase of Hotel (Carey Watermark Investors Inc)
