Updated Rent Roll definition

Updated Rent Roll shall have the meaning set forth in Section 5.6.

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Updated Rent Roll means a rent roll in the same form as the Rent Roll and containing, if applicable, any new information respecting the Leases identified on the Rent Roll and any new Leases, which Updated Rent Roll shall be delivered and certified by Seller to Purchaser on the Closing Date on Seller’s Closing Certificate as complete and correct as of the Closing Date.

Updated Rent Roll means a rent roll (in the form of the Rent Roll) certified for each Mall as true and correct by Seller as of a date not later than ten (10) Business Days prior to the Closing Date.

Examples of Updated Rent Roll in a sentence

• The Rent Roll is and the Updated Rent Roll shall be true, correct and complete in all material respects as of the date of delivery of each.

• Updated Rent Roll, Schedule of Service Contracts, Schedule of Tenant Improvement Agreements and Operating Statements.

• 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.

• 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.

• The Updated Rent Roll shall be used for calculation of pro-rations and credits at Closing.

• All information set forth in the Updated Rent Roll to be delivered by Seller to Buyer at Closing shall be true and correct in all material respects as of the date of the Updated Rent Roll.

• To have all Plans and Specifications for Buildings, Ancillary Buildings and Garages approved in writing by Aotea prior to the Purchaser applying for a Building Consent or commencing any works on the Lot (including preparatory work).

• 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.

• 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").

• It shall be a condition precedent to Purchaser's obligation to close the transactions contemplated by this Agreement that Seller has delivered to Purchaser, at least five (5) days prior to the Closing Date, an updated Rent Roll in the form specified in Section 9(A)(v) (the "Updated Rent Roll"), dated not earlier than fifteen (15) days prior to the Closing Date, certified by Seller to be accurate and complete.

More Definitions of Updated Rent Roll

Updated Rent Roll has the meaning ascribed to such term in Section 7.2(a). “Updated Survey” has the meaning ascribed to such term in Section 6.1.

Updated Rent Roll shall have the meaning set forth in Section 15(a)(xii) hereof.