Updated Rent Roll definition
Examples of Updated Rent Roll in a sentence
Rentals and any other charges receivable (including expenses incurred pursuant to said Leases) under the Leases in effect at Closing, as evidenced by the Updated Rent Roll (except as otherwise provided herein), paid prior to Closing and allocable in whole or in part to any period following the Closing shall be credited to Purchaser to the extent so allocable and if allocable in whole or in part to any period prior to the Closing shall be credited to Seller to the extent so allocable.
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In the event that there is a change in the rental income derived from the Leases, as set forth in the Updated Rent Roll equal to or more than ten percent (10%), Purchaser shall have the absolute right to terminate this Agreement, receive back the Deposit and all interest which has accrued thereon and all obligations of Purchaser and Seller hereunder shall immediately terminate, except those specified to survive termination of this Agreement.
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Updated Rent Roll, Schedule of Service Contracts, Schedule of Tenant Improvement Agreements and Operating Statements.
For purposes of the delivery of Seller’s Closing Certificate, Seller’s representations and warranties in Section 8.1 shall be certified to be true and accurate in all material respects on the Closing Date and those representations and warranties with respect to the Rent Roll in Subsections 8.1.6 through 8.1.10 shall be modified to certify the “Updated Rent Roll” as of the Closing Date and the “Tenants”, as identified on such Updated Rent Roll.
Seller having delivered to Buyer, at least five days prior to the Closing Date, an updated Rent Roll in the form specified in Section 3.2.6 (the "Updated Rent Roll"), dated not earlier than 15 days prior to the Closing Date, certified by Seller to be accurate and complete, and Buyer having approved the Updated Rent Roll.
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Seller shall deliver to Buyer at the Closing, an updated Rent Roll dated not earlier than ten (10) days prior to the Closing Date and certified by Seller to, Seller's knowledge, to be accurate and complete (the "Updated Rent Roll").
Except for the representation and warranty set forth in Section 10.1.4 above (which shall be deemed to be superseded by the Updated Rent Roll) and subject to any actions or conduct of Seller permitted under this Agreement, the representations and warranties set forth in this Section 10 shall be deemed to be remade as of Closing and together with the Updated Rent Roll shall survive the Closing and the delivery of the Deed for a period of nine (9) months from the Closing Date.