Leases; Rent Rolls Sample Clauses

Leases; Rent Rolls. A true, complete and correct copy of the ------------------ leases (including all amendments, modifications and supplements thereto) for each Real Property (other than the ground and air space leases referred to in Section 2.15 below) have been delivered to the REIT or the Operating Partnership. The rent roll attached hereto as Schedule 2.14(a) for each Real ---------------- Property is a true, correct and complete schedule of all space leases, occupancy agreements and licenses (and annexes and riders thereto) and tenants relating to the Real Properties and was true and correct as of the date thereof, and there have been no material changes to such rent roll since the date thereof. To the knowledge of the Indemnitors, each of such leases is valid and binding and is in full force and effect. To the knowledge of the Indemnitors, no party to any such lease has breached or defaulted under the terms of such lease or given or received any notice of default of any provision of any such lease, except for such breaches or defaults as would not, singly or in the aggregate, have a material adverse effect on the condition (financial or otherwise), earnings, assets, business affairs or business prospects of any Real Property, the Xxxxxx Group's Business or, following the consummation of the Transactions, the REIT or the Operating Partnership or on the Transactions. No tenant under any such lease has been granted a right to early termination of such lease, except as set forth on Schedule 2.14(b) attached hereto. To the knowledge of the Indemnitors, each ---------------- of such leases will continue to be binding in accordance with its terms following the consummation of the Transactions and is freely assignable to the Operating Partnership.
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Leases; Rent Rolls. Mortgagor covenants that it shall not, without the prior express written consent of Lender, which consent shall not be unreasonably withheld, enter into any lease affecting all or any portion of the Premises, or materially modify, terminate, or consent to the cancellation or surrender of any lease, or permit any tenant under any lease to assign or sublet its rights thereunder. Further, Lender specifically reserves the right to approve the form and content of all leases, all proposed tenants, and any assignee or sublessee of any existing tenant. Mortgagor shall deliver to Lender a rent roll for the Premises, in form and detail satisfactory to Lender, at such times as Lender may request, together with a copy of all leases, rental agreements and occupancy agreements with respect to the Premises. Mortgagor shall not collect any rent under any leases, rental agreements or other occupancy agreements pertaining to the Premises more than one month in advance, except for security deposits not to exceed two months rent which are deposited in a segregated account at Lender and held and maintained by Mortgagor in full compliance with all applicable laws. The rights of all tenants and other occupants of the Premises must at all times be fully subordinate to the terms of this Mortgage and the other Loan Documents.
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Leases; Rent Rolls. Except as set forth on Schedule 9.19: ------------------ ------------- 9.19.1 Copies of all Leases for each of the Properties and all parts thereof, as amended through the date hereof have been made available to the Company and the Partnership; such copies are and shall be, in all material respects, true, accurate and complete records of all agreements and understandings with respect to the use or lease of all or any portion of any of the Properties or otherwise constituting Leases that are currently outstanding (as referenced on the Rent Roll) including all amendments and modifications thereto.
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Leases; Rent Rolls. With respect to the Property, a true, ------------------- complete and correct copy of the lease (including all amendments, modifications and supplements thereto) for such Property have been delivered to the REIT or the Operating Partnership. The lease, upon the completion of the Transactions, will be in full force and effect in all material respects. No party to any such lease has breached or defaulted under the terms of such lease, except for such breaches or defaults as would not, singly or in the aggregate, have a material adverse effect on the condition (financial or otherwise), earnings, assets, business affairs or business prospects of the Asset Entity, the Property, the Corporate Assets or the Transactions.
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Leases; Rent Rolls. With respect to each Property, a true and correct copy of the form of lease for such Property has been delivered to the Company and the Operating Partnership. The rent roll attached hereto as Exhibit F for each Property was true and correct as of the date thereof, and there have been no material changes to such rent roll since the date thereof, except as set forth on Exhibit F.
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Leases; Rent Rolls. Lender shall have received abstracts of all Leases affecting any Property (other than Operating Leases, which are addressed in Section 3.12), which shall be satisfactory in form and substance to Lender. Lender shall have received a current certified rent roll of each Property, which shall include, but not be limited to, Operating Leases and Rents payable thereunder, reasonably satisfactory in form and substance to Lender.
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Leases; Rent Rolls. With respect to each Property, a rent roll as of December 24, 1996 is attached as Section 3.1(u) of the Disclosure Schedule and each of such rent rolls is true and complete in all material respects. No tenant at any Property that is multifamily residential property (a "Residential Property") is subject to any rent-control Law. None of the Residential Properties is subject to any Law relating to low-income or moderate-income housing or any rent-subsidy program provided by any Governmental Authority. Except as shown on Section 3.1(u) of the Disclosure Schedule, no rent concession or deferral agreements (whether written or oral) are presently in effect with respect to any tenant of the Residential Properties. With respect to any Property which is a commercial or retail property (a "Commercial Property"), such Commercial Property is not subject to any Lease except as disclosed on the rent roll. The Company has provided Purchaser with true and correct copies of all Leases (including amendments and modifications thereto) relating to such Commercial Properties. There are no outstanding tenant improvement allowances, outstanding leasing commissions or deferred rent abatements for any Commercial Property Leases except as shown on Exhibit "E". The Commercial Property Leases are in full force and effect and neither the Company nor any Property Partnership has delivered or received any notice of any default under any such Commercial Property Leases which has not been resolved as of the date hereof.
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Related to Leases; Rent Rolls

  • Leases and Rent Roll To Borrower’s actual knowledge, Borrower has delivered to Lender a true, correct and complete rent roll for the Property (a “Rent Roll”) which includes all Leases affecting the Property (including schedules for all executed Leases for Tenants not yet in occupancy or under which the rent commencement date has not occurred). To Borrower’s actual knowledge, except as set forth in the Rent Roll (as same has been updated by written notice thereof to Lender) and estoppel certificates delivered to Lender on or prior to the Closing Date: (a) each Lease is in full force and effect; (b) the premises demised under the Leases have been completed and the Tenants under the Leases have accepted possession of and are in occupancy of all of their respective demised premises; (c) the Tenants under the Leases have commenced the payment of rent under the Leases and there are no offsets, claims or defenses to the enforcement thereof, and Borrower has no monetary obligations to any Tenant under any Lease; (d) all Rents due and payable under the Leases have been paid and no portion thereof has been paid for any period more than thirty (30) days in advance; (e) the rent payable under each Lease is the amount of fixed rent set forth in the Rent Roll and there is no claim or basis for a claim by the Tenant thereunder for an offset or adjustment to the rent; (f) no Tenant has made any written claim of a material default against the landlord under any Lease which remains outstanding nor has Borrower or Manager received, by in-person, or e-mail (with respect to Major Leases only) communication to an authorized representative of Borrower or Manager, any notice of a material default under any Lease; (g) there is no present material default by the Tenant under any Lease; (h) all security deposits under the Leases have been collected by Borrower; (i) Borrower is the sole owner of the entire landlord’s interest in each Lease; (j) each Lease is the valid, binding and enforceable obligation of Borrower and the applicable Tenant thereunder and there are no agreements with the Tenants under the Leases other than as expressly set forth in the Leases; (k) no Person has any possessory interest in, or right to occupy, the Property or any portion thereof except under the terms of a Lease; (l) none of the Leases contains any option or offer to purchase or right of first refusal to purchase the Property or any part thereof; (m) neither the Leases nor the Rents have been assigned, pledged or hypothecated except to Lender, and no other Person has any interest therein except the Tenants thereunder; and (n) no conditions exist which now give any Tenant or party the right to “go dark” pursuant to the provision of its Lease, if applicable.

  • Rent Roll A report prepared by the Borrower showing for all Real Estate, including, without limitation, each Mortgaged Property, owned or leased by the Borrower or its Subsidiaries, its occupancy, lease expiration dates, lease rent and other information in substantially the form presented to Agent prior to the date hereof or in such other form as may be reasonably acceptable to the Agent.

  • Material Contracts; Leases; Defaults (a) Except as set forth on Fox Chase Disclosure Schedule 4.8(a), neither Fox Chase nor any Fox Chase Subsidiary is a party to or subject to: (i) any employment, consulting or severance contract or material arrangement with any past or present officer, director or employee of Fox Chase or any Fox Chase Subsidiary, except for “at will” arrangements; (ii) any plan, arrangement or contract providing for bonuses, pensions, options, deferred compensation, retirement payments, profit sharing or similar material arrangements for or with any past or present officers, directors or employees of Fox Chase or any Fox Chase Subsidiary; (iii) any collective bargaining agreement with any labor Univest relating to employees of Fox Chase or any Fox Chase Subsidiary; (iv) any agreement which by its terms limits the payment of dividends by Fox Chase or any Fox Chase Subsidiary; (v) any instrument evidencing or related to indebtedness for borrowed money in excess of $100,000 whether directly or indirectly, by way of purchase money obligation, conditional sale, lease purchase, guaranty or otherwise, in respect of which Fox Chase or any Fox Chase Subsidiary is an obligor to any person, which instrument evidences or relates to indebtedness other than deposits, repurchase agreements, FHLB advances, bankers’ acceptances, and “treasury tax and loan” accounts and transactions in “federal funds” in each case established in the ordinary course of business consistent with past practice, or which contains financial covenants or other restrictions (other than those relating to the payment of principal and interest when due) that would be applicable on or after the Closing Date to any Person; (vi) any other agreement, written or oral, that obligates Fox Chase or any Fox Chase Subsidiary for the payment of more than $25,000 annually or for the payment of more than $50,000 over its remaining term, which is not terminable without cause on 60 days’ or less notice without penalty or payment (other than agreements for commercially available “off-the-shelf” software), or (vii) any agreement (other than this Agreement), contract, arrangement, commitment or understanding (whether written or oral) that restricts or limits in any material way the conduct of business by Fox Chase or any Fox Chase Subsidiary (it being understood that any non-compete or similar provision shall be deemed material, but any limitation on the scope of any license granted under any such agreement shall not be deemed material).

  • Assignment of Leases, Rents and Profits There exists as part of the related Mortgage File an Assignment of Leases, Rents and Profits (either as a separate instrument or incorporated into the related Mortgage). Subject to the Permitted Encumbrances and the Title Exceptions (and, in the case of a Mortgage Loan that is part of a Whole Loan, subject to the related Assignment of Leases, Rents and Profits constituting security for the entire Whole Loan), each related Assignment of Leases, Rents and Profits creates a valid first-priority collateral assignment of, or a valid first-priority lien or security interest in, rents and certain rights under the related lease or leases, subject only to a license granted to the related Borrower to exercise certain rights and to perform certain obligations of the lessor under such lease or leases, including the right to operate the related leased property, except as the enforcement thereof may be limited by the Standard Qualifications. The related Mortgage or related Assignment of Leases, Rents and Profits, subject to applicable law, provides that, upon an event of default under the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related mortgagee to enter into possession to collect the rents or for rents to be paid directly to the mortgagee.

  • Leases and Contracts Schedule 8(f) is a list of all Leases and Contracts relating to the Facility to which Seller is a party or by which Seller may be bound. Seller has made or will promptly make available to Buyer true, complete and accurate copies of all Leases and Contracts including, without limitation, any modifications thereto. All of the Leases and Contracts are in full force and effect without claim of material default there under, and, except as may be set forth on Schedule 8(f).

  • Real Property Lease Except as set forth in Disclosure Schedule 1.1.(b), Seller has no leases of real property used or held for use in connection with the Business or the Purchased Assets.

  • Real Property Leases Section 2.12 of the Disclosure Schedule lists all Leases and lists the term of such Lease, any extension and expansion options, and the rent payable thereunder. The Company has delivered to the Buyer complete and accurate copies of the Leases. With respect to each Lease:

  • Space Leases (i) Borrower has delivered a true, correct and complete schedule of all Space Leases as of the date hereof, which accurately and completely sets forth in all material respects, for each such Space Lease, the following (collectively, the “Rent Roll”): the name and address of the tenant with the name, title and telephone number of the contact person of such tenant; the lease expiration date, extension and renewal provisions; the base rent and percentage rent payable; all additional rent and pass-through obligations; and the security deposit held thereunder and the location of such deposit.

  • Assignment of Leases and Rents There exists as part of the related Mortgage File an Assignment of Leases (either as a separate instrument or incorporated into the related Mortgage). Subject to the Permitted Encumbrances and the Title Exceptions, each related Assignment of Leases creates a valid first-priority collateral assignment of, or a valid first-priority lien or security interest in, rents and certain rights under the related lease or leases, subject only to a license granted to the related Mortgagor to exercise certain rights and to perform certain obligations of the lessor under such lease or leases, including the right to operate the related leased property, except as the enforcement thereof may be limited by the Standard Qualifications. The related Mortgage or related Assignment of Leases, subject to applicable law, provides that, upon an event of default under the Mortgage Loan, a receiver is permitted to be appointed for the collection of rents or for the related Mortgagee to enter into possession to collect the rents or for rents to be paid directly to the Mortgagee.

  • Tenant Leases As of the Effective Date, the Property Owner is the lessor or landlord or the successor lessor or landlord under the Tenant Leases, and as of the Closing Date, the Company will be the lessor or landlord or the successor lessor or landlord under the Tenant Leases. The Lease Schedule/Rent Roll is true, accurate and correct in all material respects with respect to (i) the description of the Tenant Leases; (ii) to Property Owner's knowledge, the identities of the Tenants under the Tenant Leases; (iii) the space occupied by the Tenants; (iv) the expiration dates of the Tenant Leases; (v) the monthly base rental payable thereunder; (vi) unpaid Leasing Costs; (vii) commissions; (viii) the Tenant Security Deposits, and (ix) the Lease/amendments dates. Except as set forth on the Lease Schedule/Rent Roll, the Tenant Leases are in full force and effect and have not been modified. There are no written or oral promises, understandings or commitments between Property Owner and any Tenant other than those contained in the Tenant Leases. To Property Owner's knowledge, none of the Tenants have asserted any defense, set-off or counterclaim or raised any dispute with regard to its tenancy or its Tenant Lease. Except as set forth in the Lease Schedule/Rent Roll, there are no other leases or occupancy agreements to which Property Owner or the Company is a party affecting the Property, no rents under any of the Tenant Leases have been prepaid for more than one month, and there are no arrears in the payment of rents for than one month. Other than Leasing Costs pursuant to the Pending Transactions and other than the Tenant Leases or expansions or renewals between the Effective Date and Closing which have been approved by CBL/OP, there are no Leasing Costs for which CBL/OP or the Company shall become liable or that shall constitute a lien on the Property after Closing. Property Owner has delivered to CBL/OP a true, correct and complete copy of all Tenant Leases (including all amendments thereto).

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