Examples of Updated Rent Roll in a sentence
Exhibit A -- Updated Rent Roll Exhibit B -- Additional Items for Seller's Disclosure Schedule [if applicable] Schedule 5.1 SELLER'S DISCLOSURE STATEMENT NONE.
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.
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.
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.
Delivering to Buyer the (a) Bill xx Sale, (b)EFIRPTA affidavits, (c) Certificates of Authorization, (d) Seller's Certificate of Reaffirmation of Representations, (e) a counterpart of Buyer's Closing Instructions executed by the Title Company, (f) the Affidavit of Title, (g) the Transferable Warranties and Assignment, and (h) the Updated Rent Roll.
Seller has delivered to Buyer true, accurate and complete copies of all of the Leases and there are no leases, subleases, occupancies or tenancies in effect pertaining to any portion of the Project, and no persons, tenants or entities occupy space in the Project, except as stated in the Rent Roll or the Updated Rent Roll.
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.
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.
There are no options or rights to renew, extend or terminate the Leases or expand any lease premises, except as shown in the Rent Roll or the Updated Rent Roll.