Common use of Operating Statement Clause in Contracts

Operating Statement. As to the Premises, for any period indicated, a statement of the Borrower, as reflecting, truly and accurately, the items set forth therein as at the date thereof, showing the Operating Income and Operating Expenses for the indicated period and including a statement as to the amounts and sources of rent or other income collected and any other information reasonably required by the Lender. Each Operating Statement shall include a Certification.

Appears in 2 contracts

Samples: Loan Agreement (Wellsford Real Properties Inc), Loan Agreement (Cedar Shopping Centers Inc)

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Operating Statement. As to the Premises, for any period indicated, a statement of the Borrower, as reflecting, truly and accurately, the items set forth therein as at the date thereof, showing the Operating Income Premises and Operating Expenses Premises for the indicated period and including a statement as to the amounts and sources of rent or other income collected and any other information reasonably required by the Lenderperiod. Each Operating Statement shall include a Certification.

Appears in 1 contract

Samples: Loan Agreement (Innkeepers Usa Trust/Fl)

Operating Statement. As to the Premises, for any period indicated, a statement of the Borrower, . as reflecting, truly and accurately, the items set forth therein as at the date thereof, showing the Operating Operation, Income and Operating Expenses for the indicated period and including a statement as to the amounts and sources of rent or other income collected and any other information reasonably required by the Lender. Each Operating Statement shall include a Certification.

Appears in 1 contract

Samples: Loan Agreement (Brassie Golf Corp)

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Operating Statement. As to the PremisesPremises and for each Individual Property, for any period indicated, a statement of the Borrower, as reflecting, truly and accurately, the items set forth therein as at the date thereof, showing the Operating Income Premises and Operating Expenses Premises for the indicated period and including a statement as to the amounts and sources of rent or other income collected and any other information reasonably required by the Lender. Each Operating Statement shall include a Certification.

Appears in 1 contract

Samples: Loan Agreement (RFS Hotel Investors Inc)

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