{"component": "clause", "props": {"groups": [{"samples": [{"hash": "lkAoS0Zvx25", "uri": "/contracts/lkAoS0Zvx25#leases", "label": "Loan Agreement (Innovative Industrial Properties Inc)", "score": 37.3805618286, "published": true}, {"hash": "kFGVSOuYOhm", "uri": "/contracts/kFGVSOuYOhm#leases", "label": "Loan Agreement (Innovative Industrial Properties Inc)", "score": 37.3805618286, "published": true}, {"hash": "gmzCaXf7qLi", "uri": "/contracts/gmzCaXf7qLi#leases", "label": "Loan Agreement (Innovative Industrial Properties Inc)", "score": 37.377822876, "published": true}], "snippet_links": [{"key": "subject-to", "type": "definition", "offset": [20, 30]}, {"key": "the-leases", "type": "definition", "offset": [53, 63]}, {"key": "rent-roll", "type": "definition", "offset": [81, 90]}, {"key": "schedule-i", "type": "definition", "offset": [103, 113]}, {"key": "sole-owner", "type": "definition", "offset": [161, 171]}, {"key": "of-landlord", "type": "clause", "offset": [172, 183]}, {"key": "permitted-encumbrances", "type": "clause", "offset": [228, 250]}, {"key": "no-person", "type": "clause", "offset": [252, 261]}, {"key": "interest-in-the-property", "type": "definition", "offset": [281, 305]}, {"key": "right-to-occupy", "type": "clause", "offset": [309, 324]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [363, 384]}, {"key": "current-leases", "type": "definition", "offset": [397, 411]}, {"key": "full-force-and-effect", "type": "clause", "offset": [419, 440]}, {"key": "to-borrower", "type": "definition", "offset": [446, 457]}, {"key": "no-defaults", "type": "clause", "offset": [481, 492]}, {"key": "by-either-party", "type": "clause", "offset": [504, 519]}, {"key": "no-conditions", "type": "clause", "offset": [534, 547]}, {"key": "passage-of-time", "type": "clause", "offset": [563, 578]}, {"key": "giving-of-notice", "type": "clause", "offset": [586, 602]}, {"key": "copies-of-the", "type": "clause", "offset": [655, 668]}, {"key": "to-lender", "type": "clause", "offset": [686, 695]}, {"key": "true-and-complete", "type": "clause", "offset": [700, 717]}, {"key": "no-oral-agreements", "type": "clause", "offset": [733, 751]}, {"key": "no-rent", "type": "clause", "offset": [774, 781]}, {"key": "security-deposits", "type": "definition", "offset": [793, 810]}, {"key": "in-advance", "type": "clause", "offset": [850, 860]}, {"key": "due-date", "type": "definition", "offset": [868, 876]}, {"key": "by-borrower", "type": "clause", "offset": [903, 914]}, {"key": "as-required", "type": "clause", "offset": [951, 962]}, {"key": "accepted-by", "type": "clause", "offset": [990, 1001]}, {"key": "the-applicable", "type": "clause", "offset": [1002, 1016]}, {"key": "free-rent", "type": "clause", "offset": [1043, 1052]}, {"key": "other-payments", "type": "clause", "offset": [1086, 1100]}, {"key": "received-by", "type": "definition", "offset": [1200, 1211]}, {"key": "no-prior-sale", "type": "clause", "offset": [1240, 1253]}, {"key": "transfer-or-assignment", "type": "clause", "offset": [1255, 1277]}, {"key": "any-lease", "type": "definition", "offset": [1306, 1315]}, {"key": "in-effect", "type": "clause", "offset": [1364, 1373]}, {"key": "premises-demised", "type": "clause", "offset": [1460, 1476]}, {"key": "assignment-or-sublease", "type": "clause", "offset": [1533, 1555]}, {"key": "pursuant-to-such", "type": "clause", "offset": [1669, 1685]}, {"key": "the-leased-premises", "type": "clause", "offset": [1758, 1777]}, {"key": "option-for-additional-space", "type": "clause", "offset": [1833, 1860]}], "size": 425, "snippet": "The Property is not subject to any Leases other than the Leases described in the Rent Roll attached as Schedule I hereto and made a part hereof. Borrower is the sole owner of landlord\u2019s interest in the Leases and any applicable Permitted Encumbrances. No Person has any possessory interest in the Property or right to occupy the same except under and pursuant to the provisions of the Leases. The current Leases are in full force and effect and, to Borrower\u2019s knowledge, there are no defaults thereunder by either party and there are no conditions that, with the passage of time or the giving of notice, or both, would constitute defaults thereunder. The copies of the Leases delivered to Lender are true and complete, and there are no oral agreements with respect thereto. No Rent (including security deposits) has been paid more than one (1) month in advance of its due date. All work to be performed by Borrower under each Lease has been performed as required in such Lease and has been accepted by the applicable Tenant, and any payments, free rent, partial rent, rebate of rent or other payments, credits, allowances or abatements required to be given by Borrower to any Tenant has already been received by such Tenant. There has been no prior sale, transfer or assignment, hypothecation or pledge of any Lease or of the Rents received therein which is still in effect. No Tenant under any Lease has assigned its Lease or sublet all or any portion of the premises demised thereby, no such Tenant holds its leased premises under assignment or sublease, nor does anyone except such Tenant occupy such leased premises. No Tenant under any Lease has a right or option pursuant to such Lease or otherwise to purchase all or any part of the Property of which the leased premises are a part. No Tenant under any Lease has any right or option for additional space in the Property.", "hash": "760360724291c70ce1c5eba8dfb987c7", "id": 1}, {"samples": [{"hash": "4xovkPivOm6", "uri": "/contracts/4xovkPivOm6#leases", "label": "Mezzanine Loan Agreement (Plymouth Industrial REIT Inc.)", "score": 28.2388782501, "published": true}], "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [4, 18]}, {"key": "mortgage-borrower", "type": "definition", "offset": [25, 42]}, {"key": "the-obligations", "type": "clause", "offset": [58, 73]}, {"key": "performed-by", "type": "clause", "offset": [177, 189]}, {"key": "the-tenants", "type": "definition", "offset": [190, 201]}, {"key": "furnish-to-lender", "type": "clause", "offset": [229, 246]}, {"key": "default-or-termination", "type": "clause", "offset": [261, 283]}, {"key": "received-by", "type": "definition", "offset": [284, 295]}, {"key": "any-lease", "type": "definition", "offset": [448, 457]}, {"key": "in-advance", "type": "clause", "offset": [486, 496]}, {"key": "bona-fide", "type": "clause", "offset": [552, 561]}, {"key": "equal-to", "type": "definition", "offset": [607, 615]}, {"key": "to-enter", "type": "definition", "offset": [646, 654]}, {"key": "ground-lease", "type": "clause", "offset": [664, 676]}, {"key": "the-property", "type": "clause", "offset": [692, 704]}, {"key": "gross-revenue", "type": "clause", "offset": [762, 775]}, {"key": "the-loan-documents", "type": "clause", "offset": [803, 821]}, {"key": "prior-consent", "type": "clause", "offset": [859, 872]}, {"key": "termination-of", "type": "definition", "offset": [904, 918]}, {"key": "with-respect-to", "type": "clause", "offset": [1033, 1048]}, {"key": "major-leases", "type": "clause", "offset": [1069, 1081]}, {"key": "modifications-and-amendments", "type": "clause", "offset": [1093, 1121]}, {"key": "entered-into", "type": "clause", "offset": [1122, 1134]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [1135, 1169]}, {"key": "consistent-with", "type": "clause", "offset": [1171, 1186]}, {"key": "management-practices", "type": "definition", "offset": [1204, 1224]}, {"key": "economic-terms", "type": "definition", "offset": [1244, 1258]}, {"key": "applicable-lease", "type": "definition", "offset": [1266, 1282]}, {"key": "any-action", "type": "definition", "offset": [1285, 1295]}, {"key": "violation-of-clause", "type": "clause", "offset": [1299, 1318]}, {"key": "of-lender", "type": "clause", "offset": [1401, 1410]}, {"key": "options-or-rights", "type": "clause", "offset": [1581, 1598]}, {"key": "contained-in", "type": "definition", "offset": [1609, 1621]}, {"key": "no-discretion", "type": "clause", "offset": [1683, 1696]}, {"key": "date-hereof", "type": "clause", "offset": [1741, 1752]}, {"key": "prior-approval", "type": "definition", "offset": [1782, 1796]}, {"key": "submit-to", "type": "definition", "offset": [1851, 1860]}, {"key": "a-copy-of", "type": "clause", "offset": [1868, 1877]}, {"key": "proposed-major-lease", "type": "definition", "offset": [1882, 1902]}, {"key": "amendment-of", "type": "definition", "offset": [1944, 1956]}, {"key": "other-documents-and-information", "type": "clause", "offset": [1992, 2023]}, {"key": "reasonably-necessary", "type": "clause", "offset": [2024, 2044]}, {"key": "provide-for", "type": "definition", "offset": [2194, 2205]}, {"key": "rental-rates", "type": "clause", "offset": [2232, 2244]}, {"key": "market-rates", "type": "definition", "offset": [2275, 2287]}, {"key": "commercially-reasonable-terms", "type": "definition", "offset": [2323, 2352]}, {"key": "term-of", "type": "clause", "offset": [2367, 2374]}, {"key": "in-writing", "type": "clause", "offset": [2429, 2439]}, {"key": "extensions-and-renewals", "type": "clause", "offset": [2525, 2548]}, {"key": "security-instrument", "type": "definition", "offset": [2650, 2669]}, {"key": "assignment-of-leases", "type": "clause", "offset": [2678, 2698]}, {"key": "foreclosure-sale", "type": "definition", "offset": [2775, 2791]}, {"key": "intentionally-omitted", "type": "clause", "offset": [2844, 2865]}, {"key": "affiliate-of-borrower", "type": "definition", "offset": [2888, 2909]}, {"key": "first-option-to-purchase", "type": "definition", "offset": [3029, 3053]}, {"key": "right-of-first-refusal-to-purchase", "type": "clause", "offset": [3059, 3093]}, {"key": "right-to-terminate", "type": "definition", "offset": [3099, 3117]}, {"key": "in-the-event-of", "type": "clause", "offset": [3126, 3141]}, {"key": "destruction-or-condemnation", "type": "clause", "offset": [3142, 3169]}, {"key": "all-or-substantially-all", "type": "clause", "offset": [3173, 3197]}, {"key": "for-a-non", "type": "clause", "offset": [3232, 3241]}, {"key": "recognition-agreement", "type": "clause", "offset": [3257, 3278]}, {"key": "other-terms", "type": "clause", "offset": [3287, 3298]}, {"key": "materially-adversely-affect", "type": "definition", "offset": [3311, 3338]}, {"key": "consent-to", "type": "definition", "offset": [3457, 3467]}, {"key": "assignment-or-sublease", "type": "clause", "offset": [3472, 3494]}, {"key": "without-lender", "type": "definition", "offset": [3514, 3528]}, {"key": "pursuant-to-a", "type": "clause", "offset": [3625, 3638]}, {"key": "right-of-tenant", "type": "clause", "offset": [3650, 3665]}, {"key": "consent-of", "type": "clause", "offset": [3695, 3705]}, {"key": "agrees-to", "type": "clause", "offset": [3739, 3748]}, {"key": "pay-or-reimburse", "type": "clause", "offset": [3764, 3780]}, {"key": "on-demand", "type": "clause", "offset": [3788, 3797]}, {"key": "costs-and-expenses", "type": "definition", "offset": [3806, 3824]}, {"key": "without-limitation", "type": "clause", "offset": [3837, 3855]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [3857, 3877]}, {"key": "fees-and-expenses", "type": "definition", "offset": [3879, 3896]}, {"key": "by-lender", "type": "definition", "offset": [3907, 3916]}, {"key": "in-connection-with", "type": "clause", "offset": [3917, 3935]}, {"key": "review-of", "type": "clause", "offset": [3940, 3949]}, {"key": "other-matter", "type": "clause", "offset": [3980, 3992]}, {"key": "delivery-of", "type": "clause", "offset": [4062, 4073]}, {"key": "disturbance-and-attornment-agreement", "type": "definition", "offset": [4097, 4133]}, {"key": "in-accordance-with", "type": "definition", "offset": [4134, 4152]}, {"key": "days-after", "type": "definition", "offset": [4193, 4203]}, {"key": "written-request", "type": "clause", "offset": [4213, 4228]}, {"key": "statement-of", "type": "clause", "offset": [4303, 4315]}, {"key": "tenant-security", "type": "definition", "offset": [4320, 4335]}, {"key": "other-deposits", "type": "definition", "offset": [4339, 4353]}, {"key": "copies-of-all", "type": "clause", "offset": [4358, 4371]}, {"key": "correct-and-complete", "type": "definition", "offset": [4440, 4460]}, {"key": "in-compliance-with", "type": "definition", "offset": [4554, 4572]}, {"key": "applicable-legal-requirements", "type": "definition", "offset": [4577, 4606]}, {"key": "other-funds", "type": "definition", "offset": [4641, 4652]}, {"key": "by-borrower", "type": "clause", "offset": [4719, 4730]}, {"key": "designated-account", "type": "clause", "offset": [4747, 4765]}, {"key": "national-association", "type": "clause", "offset": [4803, 4823]}, {"key": "mortgage-loan-documents", "type": "definition", "offset": [4870, 4893]}, {"key": "after-the-occurrence-of-an-event-of-default", "type": "clause", "offset": [4895, 4938]}, {"key": "each-mortgage", "type": "definition", "offset": [4961, 4974]}, {"key": "such-security", "type": "definition", "offset": [5081, 5094]}, {"key": "a-separate", "type": "definition", "offset": [5152, 5162]}, {"key": "eligible-account", "type": "definition", "offset": [5163, 5179]}, {"key": "a-bank", "type": "clause", "offset": [5183, 5189]}, {"key": "terms-of-the-leases", "type": "clause", "offset": [5238, 5257]}, {"key": "in-lieu-of", "type": "clause", "offset": [5345, 5355]}, {"key": "cash-security-deposits", "type": "clause", "offset": [5356, 5378]}, {"key": "full-force-and-effect", "type": "clause", "offset": [5446, 5467]}, {"key": "cash-deposits", "type": "definition", "offset": [5523, 5536]}, {"key": "issued-by", "type": "definition", "offset": [5571, 5580]}, {"key": "mortgage-lender", "type": "definition", "offset": [5724, 5739]}, {"key": "at-lender", "type": "definition", "offset": [5825, 5834]}, {"key": "in-all-respects", "type": "clause", "offset": [5892, 5907]}, {"key": "comply-with-the", "type": "clause", "offset": [5908, 5923]}, {"key": "upon-request", "type": "definition", "offset": [6011, 6023]}, {"key": "the-foregoing", "type": "clause", "offset": [6152, 6165]}], "size": 140, "snippet": "(a) Borrower shall cause Mortgage Borrower (i) to perform the obligations which Mortgage Borrower is required to perform under the Leases; (ii) to enforce the obligations to be performed by the Tenants thereunder; (iii) promptly furnish to Lender any notice of default or termination received by Mortgage Borrower from any Tenant and any notice of default or termination given by Mortgage Borrower to any Tenant; (iv) not to collect any rent under any Lease for more than one (1) month in advance of the time when the same shall become due, except for bona fide security deposits not in excess of an amount equal to two (2) months\u2019 rent; (v) not to enter into any ground Lease of any part of the Property; (vi) not to further assign or encumber any Lease or the Gross Revenue (except as contemplated by the Loan Documents); (vii) not to, except with Lender\u2019s prior consent, cancel or accept surrender or termination of any Major Lease; and (viii) not to, except with Lender\u2019s prior consent, modify or amend any Lease (except, solely with respect to Leases that are not Major Leases, for minor modifications and amendments entered into in the ordinary course of business, consistent with prudent property management practices, not affecting the economic terms of the applicable Lease). Any action in violation of clause (v), (vi), (vii) or (viii) of this Section 4.1.9(a) shall be void at the election of Lender.\n(b) All Major Leases and all renewals, modifications and amendments thereof (other than renewals, modifications and amendments strictly limited to the implementation of options or rights expressly contained in Major Leases and with respect to which Mortgage Borrower has no discretion as to the terms thereof) executed after the date hereof shall be subject to Lender\u2019s prior approval. Borrower shall, or shall cause Mortgage Borrower to, submit to Lender a copy of any proposed Major Lease or any proposed renewal, modification or amendment of any Major Lease, together with all other documents and information reasonably necessary to evaluate such Major Lease, renewal, modification or amendment.\n(c) All Leases and all renewals of Leases executed after the date hereof shall (i) provide for economic terms, including rental rates, comparable to existing local market rates for similar properties, (ii) be on commercially reasonable terms, (iii) have a term of not less than three (3) years (unless Lender approves in writing a shorter term), (iv) have a term of not more than fifteen (15) years, including all extensions and renewals (unless Lender approves in writing a longer term), (v) provide that such Lease is subordinate to the Security Instrument and the Assignment of Leases and that the Tenant thereunder will attorn to Lender and any purchaser at a foreclosure sale, (vi) be with Tenants that are creditworthy, (vii) [intentionally omitted], (viii) not be to an Affiliate of Borrower, any Guarantor, Plymouth Industrial 20 Financial or Manager; and (ix) not contain any option to purchase, any right of first option to purchase, any right of first refusal to purchase, any right to terminate (except in the event of destruction or condemnation of all or substantially all of the Property), any requirement for a non-disturbance or recognition agreement, or any other terms which could materially adversely affect Lender\u2019s rights under the Loan Documents.\n(d) Borrower shall not, and shall cause Mortgage Borrower not to, permit or consent to any assignment or sublease of any Major Lease without Lender\u2019s prior approval (other than any assignment or sublease expressly permitted under a Major Lease pursuant to a unilateral right of Tenant thereunder not requiring the consent of Mortgage Borrower).\n(e) Borrower agrees to bear and shall pay or reimburse Lender on demand for all costs and expenses (including, without limitation, reasonable attorneys\u2019 fees and expenses) incurred by Lender in connection with the review of any proposed Major Lease, any other matter requiring Lender\u2019s consent under this Section 4.1.9 or execution and delivery of any subordination, non-disturbance and attornment agreement in accordance with this Section 4.1.9.\n(f) Within ten (10) days after Lender\u2019s written request, Borrower shall, or shall cause Mortgage Borrower to, furnish to Lender a statement of all tenant security or other deposits and copies of all Leases not previously delivered to Lender, certified as being true, correct and complete.\n(g) All security deposits of Tenants, whether held in cash or any other form, shall be held in compliance with all applicable Legal Requirements, shall not be commingled with any other funds of Borrower or Mortgage Borrower and, if cash, shall be deposited by Borrower in a separately designated account under Borrower\u2019s control at KeyBank, National Association in accordance with the Loan Documents and the Mortgage Loan Documents. After the occurrence of an Event of Default, Borrower shall cause each Mortgage Borrower to, if permitted by the applicable Legal Requirements and the Mortgage Loan Documents, cause all such security deposits (and any interest thereon) to be transferred to a separate Eligible Account at a bank designated by Lender, to be held subject to the terms of the Leases. Any bond or other instrument which Borrower or Mortgage Borrower is permitted to hold in lieu of cash security deposits under the applicable Legal Requirements (i) shall be maintained in full force and effect in the full amount of such deposits unless replaced by cash deposits as described above, (ii) shall be issued by an institution reasonably satisfactory to Lender, (iii) shall, if permitted by the applicable Legal Requirements, and subject to the rights of Mortgage Lender under the Mortgage Loan Documents, name Lender as payee or mortgagee thereunder (or, at Lender\u2019s option, be fully assignable to Lender), and (iv) shall in all respects comply with the applicable Legal Requirements and otherwise be satisfactory to Lender. Borrower shall, upon request, provide Lender with evidence satisfactory to Lender of each Mortgage Borrower\u2019s and Borrower\u2019s, as applicable, compliance with the foregoing.", "hash": "7e1872fc83e33de96bfbc8a0ba9e473d", "id": 6}, {"samples": [{"hash": "9hFAyslQuh2", "uri": "/contracts/9hFAyslQuh2#leases", "label": "Loan Agreement (Hines Global REIT, Inc.)", "score": 21.9144420624, "published": true}, {"hash": "eTIpJ9fBe4p", "uri": "/contracts/eTIpJ9fBe4p#leases", "label": "Loan Agreement (KBS Real Estate Investment Trust, Inc.)", "score": 21.0, "published": true}, {"hash": "5Ffxqn1VsjZ", "uri": "/contracts/5Ffxqn1VsjZ#leases", "label": "Loan Agreement (KBS Real Estate Investment Trust, Inc.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "to-borrower", "type": "definition", "offset": [0, 11]}, {"key": "rent-roll", "type": "definition", "offset": [29, 38]}, {"key": "schedule-3", "type": "clause", "offset": [58, 68]}, {"key": "complete-and-correct", "type": "clause", "offset": [96, 116]}, {"key": "the-property", "type": "clause", "offset": [121, 133]}, {"key": "subject-to", "type": "definition", "offset": [141, 151]}, {"key": "the-leases", "type": "definition", "offset": [174, 184]}, {"key": "title-report", "type": "clause", "offset": [222, 234]}, {"key": "to-lender", "type": "clause", "offset": [245, 254]}, {"key": "in-writing", "type": "clause", "offset": [329, 339]}, {"key": "full-force-and-effect", "type": "clause", "offset": [387, 408]}, {"key": "the-tenants", "type": "definition", "offset": [415, 426]}, {"key": "possession-of", "type": "clause", "offset": [458, 471]}, {"key": "demised-premises", "type": "clause", "offset": [520, 536]}, {"key": "payment-of-rent", "type": "definition", "offset": [557, 572]}, {"key": "no-offsets", "type": "clause", "offset": [605, 615]}, {"key": "due-and-payable", "type": "definition", "offset": [680, 695]}, {"key": "in-advance", "type": "clause", "offset": [807, 817]}, {"key": "rent-payable", "type": "clause", "offset": [828, 840]}, {"key": "fixed-rent", "type": "clause", "offset": [875, 885]}, {"key": "no-claim", "type": "clause", "offset": [927, 935]}, {"key": "adjustment-to", "type": "clause", "offset": [989, 1002]}, {"key": "the-landlord", "type": "clause", "offset": [1054, 1066]}, {"key": "any-lease", "type": "definition", "offset": [1073, 1082]}, {"key": "no-defaults", "type": "clause", "offset": [1120, 1131]}, {"key": "no-event", "type": "clause", "offset": [1181, 1189]}, {"key": "giving-of-notice", "type": "clause", "offset": [1219, 1235]}, {"key": "passage-of-time", "type": "clause", "offset": [1239, 1254]}, {"key": "a-default", "type": "definition", "offset": [1287, 1296]}, {"key": "default-by-the-tenant", "type": "clause", "offset": [1332, 1353]}, {"key": "security-deposits", "type": "definition", "offset": [1381, 1398]}, {"key": "section-38", "type": "clause", "offset": [1475, 1486]}, {"key": "sole-owner", "type": "definition", "offset": [1518, 1528]}, {"key": "the-applicable", "type": "clause", "offset": [1661, 1675]}, {"key": "no-person", "type": "clause", "offset": [1699, 1708]}, {"key": "possessory-interest", "type": "definition", "offset": [1717, 1736]}, {"key": "right-to-occupy", "type": "clause", "offset": [1744, 1759]}, {"key": "terms-of-the-lease", "type": "clause", "offset": [1791, 1809]}, {"key": "the-loan-documents", "type": "clause", "offset": [1849, 1867]}, {"key": "pursuant-to-a", "type": "clause", "offset": [1901, 1914]}, {"key": "subordination-and-attornment-agreement", "type": "definition", "offset": [1915, 1953]}, {"key": "option-to-purchase", "type": "definition", "offset": [1987, 2005]}, {"key": "right-of-first-refusal-to-purchase", "type": "clause", "offset": [2009, 2043]}, {"key": "no-other-person", "type": "clause", "offset": [2163, 2178]}], "size": 293, "snippet": "To Borrower\u2019s Knowledge, the rent roll attached hereto as Schedule 3 (the \u201cRent Roll\u201d) is true, complete and correct and the Property is not subject to any Leases other than the Leases described in the Rent Roll or in the title report delivered to Lender. Except as set forth on the Rent Roll or as otherwise disclosed to Lender in writing: To Borrower\u2019s Knowledge, (i) each Lease is in full force and effect; (ii) the tenants under the Leases have accepted possession of and are in occupancy of all of their respective demised premises, have commenced the payment of rent under the Leases, and there are no offsets, claims or defenses to the enforcement thereof; (iii) 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; (iv) 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 adjustment to the rent; (v) no tenant has made any claim against the landlord under any Lease which remains outstanding, there are no defaults on the part of the landlord under any Lease, and no event has occurred which, with the giving of notice or passage of time, or both, would constitute such a default; (vi) there is no present material default by the tenant under any Lease; (vii) all security deposits under Leases are as set forth on the Rent Roll and are held consistent with Section 3.8 hereof; (viii) Borrower is the sole owner of the entire lessor\u2019s interest in each Lease; (ix) each Lease is the valid, binding and enforceable obligation of the Borrower and the applicable tenant thereunder; (x) no Person has any possessory interest in, or right to occupy, the Property except under the terms of the Lease; and (xi) each Lease is subordinate to the Loan Documents, either pursuant to its terms or pursuant to a subordination and attornment agreement. None of the Leases contains any option to purchase or right of first refusal to purchase the Property or any part thereof. Neither the Leases nor the Rents have been assigned or pledged except to Lender, and no other Person has any interest therein except the tenants thereunder.", "hash": "b8d0c55616c23ef8be758da4bad56cfb", "id": 4}, {"samples": [{"hash": "ix6If76u6xu", "uri": "/contracts/ix6If76u6xu#leases", "label": "Revolving Credit and Security Agreement (Green Plains Inc.)", "score": 28.578371048, "published": true}, {"hash": "kUSNvTbwSQy", "uri": "/contracts/kUSNvTbwSQy#leases", "label": "Revolving Credit and Security Agreement (Green Plains Inc.)", "score": 25.9171791077, "published": true}, {"hash": "1FjkkalpUIc", "uri": "/contracts/1FjkkalpUIc#leases", "label": "Revolving Credit and Security Agreement (Green Plains Renewable Energy, Inc.)", "score": 22.3319644928, "published": true}], "snippet_links": [{"key": "lease-arrangement", "type": "clause", "offset": [25, 42]}, {"key": "real-or-personal-property", "type": "definition", "offset": [47, 72]}, {"key": "section-76", "type": "clause", "offset": [113, 124]}, {"key": "after-giving", "type": "clause", "offset": [136, 148]}, {"key": "payments-for", "type": "clause", "offset": [189, 201]}, {"key": "leased-property", "type": "definition", "offset": [206, 221]}, {"key": "fiscal-year", "type": "clause", "offset": [257, 268]}, {"key": "in-the-aggregate", "type": "definition", "offset": [269, 285]}], "size": 139, "snippet": "Enter as lessee into any lease arrangement for real or personal property (unless capitalized and permitted under Section 7.6 hereof) if after giving effect thereto, aggregate annual rental payments for all leased property would exceed $2,000,000 in any one fiscal year in the aggregate for all Borrowers.", "hash": "66855426ff92fb5221eb8d3f1f007931", "id": 7}, {"samples": [{"hash": "lQKXG9znIJI", "uri": "/contracts/lQKXG9znIJI#leases", "label": "Fee and Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Apple Suites Inc)", "score": 18.0, "published": true}, {"hash": "f0eMaTh6890", "uri": "/contracts/f0eMaTh6890#leases", "label": "Fee and Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Apple Suites Inc)", "score": 18.0, "published": true}, {"hash": "eenMosnOvud", "uri": "/contracts/eenMosnOvud#leases", "label": "Deed of Trust (Apple Suites Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "assignment-of-the", "type": "clause", "offset": [36, 53]}, {"key": "prior-consent", "type": "clause", "offset": [120, 133]}, {"key": "in-default", "type": "clause", "offset": [167, 177]}, {"key": "consent-to", "type": "definition", "offset": [203, 213]}, {"key": "lease-of-the-premises", "type": "clause", "offset": [251, 272]}, {"key": "term-of", "type": "clause", "offset": [355, 362]}, {"key": "year-or-more", "type": "clause", "offset": [371, 383]}, {"key": "new-lease", "type": "clause", "offset": [494, 503]}, {"key": "entered-into", "type": "clause", "offset": [507, 519]}, {"key": "new-lessee", "type": "definition", "offset": [527, 537]}, {"key": "credit-standing", "type": "clause", "offset": [547, 562]}, {"key": "same-terms", "type": "clause", "offset": [653, 663]}, {"key": "rents-payable", "type": "clause", "offset": [848, 861]}, {"key": "obligations-of-the-lessor", "type": "clause", "offset": [898, 923]}, {"key": "prepayments-of", "type": "clause", "offset": [948, 962]}, {"key": "one-month", "type": "definition", "offset": [973, 982]}, {"key": "nature-of-security", "type": "clause", "offset": [1071, 1089]}, {"key": "the-performance", "type": "clause", "offset": [1094, 1109]}, {"key": "other-manner", "type": "clause", "offset": [1218, 1230]}, {"key": "the-value", "type": "clause", "offset": [1238, 1247]}, {"key": "the-mortgaged-property", "type": "clause", "offset": [1251, 1273]}, {"key": "the-security", "type": "clause", "offset": [1277, 1289]}, {"key": "substantial-portion", "type": "definition", "offset": [1349, 1368]}, {"key": "by-the-lessee", "type": "clause", "offset": [1413, 1426]}, {"key": "property-manager", "type": "clause", "offset": [1445, 1461]}, {"key": "at-all-times", "type": "definition", "offset": [1472, 1484]}, {"key": "the-covenants", "type": "definition", "offset": [1551, 1564]}, {"key": "conditions-and-agreements", "type": "clause", "offset": [1566, 1591]}, {"key": "contained-in", "type": "definition", "offset": [1592, 1604]}, {"key": "reasonably-necessary", "type": "clause", "offset": [1777, 1797]}, {"key": "performance-by", "type": "clause", "offset": [1808, 1822]}, {"key": "all-obligations", "type": "clause", "offset": [1854, 1869]}, {"key": "covenants-and-agreements", "type": "clause", "offset": [1871, 1895]}, {"key": "provide-for", "type": "definition", "offset": [1961, 1972]}, {"key": "with-respect-to", "type": "clause", "offset": [2014, 2029]}, {"key": "status-of", "type": "clause", "offset": [2034, 2043]}, {"key": "right-to-request", "type": "clause", "offset": [2084, 2100]}, {"key": "by-beneficiary", "type": "clause", "offset": [2163, 2177]}, {"key": "to-beneficiary", "type": "definition", "offset": [2211, 2225]}, {"key": "promptly-upon-receipt", "type": "clause", "offset": [2226, 2247]}, {"key": "in-the-event-of", "type": "clause", "offset": [2253, 2268]}, {"key": "enforcement-by-trustee", "type": "clause", "offset": [2273, 2295]}, {"key": "beneficiary-of-the", "type": "clause", "offset": [2299, 2317]}, {"key": "the-leases", "type": "definition", "offset": [2383, 2393]}, {"key": "upon-request", "type": "definition", "offset": [2415, 2427]}, {"key": "any-person", "type": "clause", "offset": [2431, 2441]}, {"key": "the-interest", "type": "definition", "offset": [2456, 2468]}, {"key": "successor-in-interest", "type": "definition", "offset": [2553, 2574]}, {"key": "change-in", "type": "definition", "offset": [2584, 2593]}, {"key": "the-terms", "type": "definition", "offset": [2594, 2603]}, {"key": "provisions-of", "type": "clause", "offset": [2613, 2626]}, {"key": "payment-of-rent", "type": "definition", "offset": [2720, 2735]}, {"key": "additional-rent", "type": "clause", "offset": [2739, 2754]}, {"key": "in-advance", "type": "clause", "offset": [2783, 2793]}, {"key": "modification-of-the-lease", "type": "clause", "offset": [2936, 2961]}, {"key": "consent-of-beneficiary", "type": "clause", "offset": [2979, 3001]}, {"key": "lessee-shall", "type": "clause", "offset": [3118, 3130]}, {"key": "execute-and-deliver", "type": "clause", "offset": [3131, 3150]}], "size": 401, "snippet": "(a) Grantor will not (i) execute an assignment of the rents or any part thereof from the Premises without Beneficiary's prior consent, (ii) except where the lessee is in default thereunder, terminate or consent to the cancellation or surrender of any lease of the Premises or of any part thereof, now existing or hereafter to be made, having an unexpired term of one (1) year or more, provided, however, that any lease may be cancelled if promptly after the cancellation or surrender thereof a new lease is entered into with a new lessee having a credit standing at least equivalent to that of the lessee whose lease was cancelled, on substantially the same terms as the terminated or cancelled lease, (iii) modify any such lease so as to shorten the unexpired term thereof or so as to decrease, waive or compromise in any manner the amount of the rents payable thereunder or materially expand the obligations of the lessor thereunder, (iv) accept prepayments of more than one month of any installments of rents to become due under such leases, except prepayments in the nature of security for the performance of the lessees thereunder, (v) modify, release or terminate any guaranties of any such lease or (vi) in any other manner impair the value of the Mortgaged Property or the security hereof.\n(b) Grantor will not execute any lease of all or a substantial portion of the Premises except for actual occupancy by the lessee thereunder or its property manager, and will at all times promptly and faithfully perform, or cause to be performed, all of the covenants, conditions and agreements contained in all leases of the Premises or portions thereof now or hereafter existing, on the part of the lessor thereunder to be kept and performed and will at all times do all things reasonably necessary to compel performance by the lessee under each lease of all obligations, covenants and agreements by such lessee to be performed thereunder. If any of such leases provide for the giving by the lessee of certificates with respect to the status of such leases, Grantor shall exercise its right to request such certificates within five (5) days of any demand therefor by Beneficiary and shall deliver copies thereof to Beneficiary promptly upon receipt.\n(c) In the event of the enforcement by Trustee or Beneficiary of the remedies provided for hereby or by law, the lessee under each of the leases of the Premise will, upon request of any person succeeding to the interest of Grantor as a result of such enforcement, automatically become the lessee of said successor in interest, without change in the terms or other provisions of such lease, provided, however, that said successor in interest shall not be bound by (i) any payment of rent or additional rent for more than one (1) month in advance, except prepayments in the nature of security for the performance by said lessee of its obligations under said lease or (ii) any amendment or modification of the lease made without the consent of Beneficiary or such successor in interest. Each lease shall also provide that, upon request by said successor in interest, such lessee shall execute and deliver an instrument or instruments confirming such attornment.", "hash": "a22c03f2c30d2c847909c7fc65b672e6", "id": 2}, {"samples": [{"hash": "kpen0vMaXZa", "uri": "/contracts/kpen0vMaXZa#leases", "label": "Loan Agreement (Inland American Real Estate Trust, Inc.)", "score": 21.0, "published": true}, {"hash": "fGVGaRJAEHN", "uri": "/contracts/fGVGaRJAEHN#leases", "label": "Loan Agreement (Inland American Real Estate Trust, Inc.)", "score": 21.0, "published": true}, {"hash": "8VKNNBwPNyV", "uri": "/contracts/8VKNNBwPNyV#leases", "label": "Loan Agreement (Inland American Real Estate Trust, Inc.)", "score": 21.0, "published": true}], "snippet_links": [{"key": "subject-to", "type": "definition", "offset": [20, 30]}, {"key": "anchor-tenant-lease", "type": "definition", "offset": [57, 76]}, {"key": "no-person", "type": "clause", "offset": [134, 143]}, {"key": "interest-in-the-property", "type": "definition", "offset": [163, 187]}, {"key": "right-to-occupy", "type": "clause", "offset": [191, 206]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [245, 266]}, {"key": "full-force-and-effect", "type": "clause", "offset": [318, 339]}, {"key": "to-borrower", "type": "definition", "offset": [344, 355]}, {"key": "after-inquiry", "type": "definition", "offset": [368, 381]}, {"key": "no-defaults", "type": "clause", "offset": [393, 404]}, {"key": "by-either-party", "type": "clause", "offset": [416, 431]}, {"key": "no-conditions", "type": "clause", "offset": [446, 459]}, {"key": "passage-of-time", "type": "clause", "offset": [475, 490]}, {"key": "giving-of-notice", "type": "clause", "offset": [498, 514]}, {"key": "no-rent", "type": "clause", "offset": [563, 570]}, {"key": "security-deposits", "type": "definition", "offset": [582, 599]}, {"key": "in-advance", "type": "clause", "offset": [639, 649]}, {"key": "due-date", "type": "definition", "offset": [657, 665]}, {"key": "by-borrower", "type": "clause", "offset": [725, 736]}, {"key": "as-required", "type": "clause", "offset": [786, 797]}, {"key": "accepted-by", "type": "clause", "offset": [811, 822]}, {"key": "free-rent", "type": "clause", "offset": [860, 869]}, {"key": "other-payments", "type": "clause", "offset": [903, 917]}, {"key": "received-by", "type": "definition", "offset": [1025, 1036]}, {"key": "no-prior-sale", "type": "clause", "offset": [1071, 1084]}, {"key": "transfer-or-assignment", "type": "clause", "offset": [1086, 1108]}, {"key": "schedule-iv", "type": "definition", "offset": [1278, 1289]}, {"key": "premises-demised", "type": "clause", "offset": [1386, 1402]}, {"key": "the-leased-premises", "type": "clause", "offset": [1653, 1672]}, {"key": "the-building", "type": "definition", "offset": [1676, 1688]}, {"key": "environmental-report", "type": "definition", "offset": [1757, 1777]}, {"key": "to-lender", "type": "clause", "offset": [1788, 1797]}, {"key": "in-connection", "type": "definition", "offset": [1798, 1811]}, {"key": "actual-knowledge", "type": "clause", "offset": [1836, 1852]}, {"key": "no-hazardous-wastes", "type": "clause", "offset": [1854, 1873]}, {"key": "toxic-substances", "type": "clause", "offset": [1877, 1893]}, {"key": "rules-and-regulations", "type": "definition", "offset": [1954, 1975]}, {"key": "knowledge-of", "type": "definition", "offset": [2091, 2103]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [2181, 2203]}, {"key": "petroleum-product", "type": "definition", "offset": [2289, 2306]}, {"key": "toxic-or-hazardous-chemical", "type": "definition", "offset": [2314, 2341]}, {"key": "compliance-with-applicable", "type": "clause", "offset": [2400, 2426]}], "size": 167, "snippet": "The Property is not subject to any Leases other than the Anchor Tenant Lease (and subleases permitted under the Anchor Tenant Lease). No Person has any possessory interest in the Property or right to occupy the same except under and pursuant to the provisions of the Anchor Tenant Lease. The Anchor Tenant Lease is in full force and effect and to Borrower\u2019s knowledge after inquiry, there are no defaults thereunder by either party and there are no conditions that, with the passage of time or the giving of notice, or both, would constitute defaults thereunder. No Rent (including security deposits) has been paid more than one (1) month in advance of its due date. To best of Borrower\u2019s knowledge, all work to be performed by Borrower under the Anchor Tenant Lease has been performed as required and has been accepted by the Anchor Tenant, and any payments, free rent, partial rent, rebate of rent or other payments, credits, allowances or abatements required to be given by Borrower to the Anchor Tenant have already been received by the Anchor Tenant. There has been no prior sale, transfer or assignment, hypothecation or pledge of the Anchor Tenant Lease or of the Rents received therein which is outstanding. To Borrower\u2019s knowledge after inquiry, except as set forth on Schedule IV, the Anchor Tenant has not assigned the Anchor Tenant Lease or sublet all or any portion of the premises demised thereby, nor does anyone except the Anchor Tenant and its employees occupy such leased premises. Except as set forth on Schedule IV, The Anchor Tenant does not have a right or option pursuant to the Anchor Tenant Lease to purchase all or any part of the leased premises or the building of which the leased premises are a part. Except as disclosed in the Environmental Report delivered to Lender in connection herewith, to Borrower\u2019s actual knowledge, no hazardous wastes or toxic substances, as defined by applicable federal, state or local statutes, rules and regulations, have been disposed, stored or treated by Anchor Tenant on or about the leased premises nor does Borrower have any knowledge of Anchor Tenant\u2019s intention to use its leased premises for any activity which, directly or indirectly, involves the use, generation, treatment, storage, disposal or transportation of any petroleum product or any toxic or hazardous chemical, material, substance or waste, except in either event, in compliance with applicable federal, state or local statues, rules and regulations.", "hash": "e0f01e606df87944fa421057d440adc0", "id": 5}, {"samples": [{"hash": "jZJ9IIBWUUf", "uri": "/contracts/jZJ9IIBWUUf#leases", "label": "Loan and Security Agreement (Swank, Inc.)", "score": 22.3607120514, "published": true}, {"hash": "fxlrIWqoGxR", "uri": "/contracts/fxlrIWqoGxR#leases", "label": "Loan and Security Agreement (Swank, Inc.)", "score": 22.2429847717, "published": true}, {"hash": "bzOh39CFmLQ", "uri": "/contracts/bzOh39CFmLQ#leases", "label": "Credit Agreement (Dialogic Inc.)", "score": 22.2429847717, "published": true}], "snippet_links": [{"key": "pay-when-due", "type": "clause", "offset": [0, 12]}, {"key": "rents-and-other-amounts-payable", "type": "clause", "offset": [17, 48]}, {"key": "material-leases", "type": "definition", "offset": [59, 74]}, {"key": "a-party", "type": "clause", "offset": [123, 130]}, {"key": "properties-and-assets", "type": "clause", "offset": [180, 201]}, {"key": "subject-of", "type": "clause", "offset": [242, 252]}, {"key": "permitted-protest", "type": "definition", "offset": [255, 272]}], "size": 126, "snippet": "Pay when due all rents and other amounts payable under any material leases to which Borrower or any of its Subsidiaries is a party or by which Borrower\u2019s or any such Subsidiaries\u2019 properties and assets are bound, unless such payments are the subject of a Permitted Protest.", "hash": "250d20f704383105cbdcc31a4c30cbfe", "id": 9}, {"samples": [{"hash": "5CFcqJnR7ny", "uri": "/contracts/5CFcqJnR7ny#leases", "label": "Credit Agreement (Elmet Group Co.)", "score": 37.2819976807, "published": true}, {"hash": "ifpRJffR5Re", "uri": "/contracts/ifpRJffR5Re#leases", "label": "Credit Agreement (Elmet Group Co.)", "score": 37.2409324646, "published": true}, {"hash": "2Q9Tec0qqmE", "uri": "/contracts/2Q9Tec0qqmE#leases", "label": "Loan and Security Agreement (Advanced Flower Capital Inc.)", "score": 37.0410690308, "published": true}], "snippet_links": [{"key": "each-loan-party", "type": "definition", "offset": [0, 15]}, {"key": "subject-to", "type": "definition", "offset": [193, 203]}, {"key": "permitted-protests", "type": "definition", "offset": [204, 222]}, {"key": "material-leases", "type": "definition", "offset": [236, 251]}, {"key": "applicable-loan-party", "type": "definition", "offset": [308, 329]}], "size": 308, "snippet": "Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.", "hash": "3dadb22889efa18a1123607c59226b44", "id": 3}, {"samples": [{"hash": "kzjdjb3PuK6", "uri": "/contracts/kzjdjb3PuK6#leases", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}, {"hash": "kBNokvGBF0b", "uri": "/contracts/kBNokvGBF0b#leases", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}, {"hash": "iUQGflCShUA", "uri": "/contracts/iUQGflCShUA#leases", "label": "Purchase and Sale Agreement (Duke Realty Limited Partnership/)", "score": 28.5838470459, "published": true}], "snippet_links": [{"key": "to-the-buyer", "type": "clause", "offset": [31, 43]}, {"key": "the-leases", "type": "definition", "offset": [44, 54]}, {"key": "occupancy-agreements", "type": "definition", "offset": [69, 89]}, {"key": "modifications-and-supplements", "type": "clause", "offset": [117, 146]}, {"key": "with-respect-to", "type": "clause", "offset": [156, 171]}, {"key": "the-properties", "type": "definition", "offset": [172, 186]}, {"key": "on-schedule", "type": "definition", "offset": [200, 211]}, {"key": "no-leases", "type": "clause", "offset": [246, 255]}, {"key": "a-party", "type": "clause", "offset": [331, 338]}, {"key": "otherwise-modified", "type": "clause", "offset": [512, 530]}, {"key": "documents-referenced", "type": "clause", "offset": [558, 578]}, {"key": "agreement-between", "type": "clause", "offset": [688, 705]}, {"key": "the-relevant", "type": "clause", "offset": [706, 718]}, {"key": "the-applicable", "type": "clause", "offset": [732, 746]}, {"key": "leasehold-interest", "type": "clause", "offset": [799, 817]}, {"key": "delinquency-report", "type": "definition", "offset": [846, 864]}, {"key": "to-sellers", "type": "definition", "offset": [866, 876]}, {"key": "date-of-this-agreement", "type": "clause", "offset": [898, 920]}, {"key": "fixed-rent-and-additional-rent", "type": "clause", "offset": [922, 952]}, {"key": "copies-of-the", "type": "clause", "offset": [1106, 1119]}, {"key": "tenant-improvements", "type": "definition", "offset": [1206, 1225]}, {"key": "performed-by", "type": "clause", "offset": [1260, 1272]}, {"key": "tenant-inducement-costs", "type": "clause", "offset": [1337, 1360]}, {"key": "transferred-assets", "type": "definition", "offset": [1405, 1423]}, {"key": "no-party", "type": "clause", "offset": [1489, 1497]}, {"key": "purchase-option", "type": "definition", "offset": [1506, 1521]}, {"key": "right-of-first-refusal", "type": "definition", "offset": [1523, 1545]}, {"key": "right-of-first-offer", "type": "clause", "offset": [1547, 1567]}, {"key": "right-of-reverter", "type": "clause", "offset": [1569, 1586]}, {"key": "lease-options", "type": "definition", "offset": [1638, 1651]}, {"key": "relating-to", "type": "definition", "offset": [1676, 1687]}, {"key": "purchase-of", "type": "clause", "offset": [1757, 1768]}, {"key": "a-portion", "type": "definition", "offset": [1776, 1785]}, {"key": "schedule-b", "type": "definition", "offset": [1826, 1836]}, {"key": "written-notice", "type": "definition", "offset": [2014, 2028]}, {"key": "in-default", "type": "clause", "offset": [2080, 2090]}, {"key": "as-landlord", "type": "definition", "offset": [2110, 2121]}, {"key": "default-by", "type": "clause", "offset": [2187, 2197]}, {"key": "lease-termination-payments", "type": "definition", "offset": [2264, 2290]}, {"key": "date-hereof", "type": "clause", "offset": [2301, 2312]}], "size": 119, "snippet": "Such Seller has made available to the Buyer the leases, licenses and occupancy agreements (including all amendments, modifications and supplements thereto) with respect to the Properties as described on Schedule 3.2(c) attached hereto. There are no leases, subleases, licenses or other occupancy agreements to which such Seller is a party for all or any portion of such Seller\u2019s Property, other than the Leases set forth on Schedule 3.2(c) attached hereto. Such Leases (i) have not been amended, supplemented or otherwise modified except as disclosed in the documents referenced on Schedule 3.2(c) attached hereto or stated on Schedule 3.2(n) attached hereto, and (ii) contain the entire agreement between the relevant landlord and the applicable tenant named therein with respect to the applicable leasehold interest. Except as set forth in the Delinquency Report, to Sellers\u2019 Knowledge as of the date of this Agreement, Fixed Rent and Additional Rent are currently being collected under such Leases without offset, counterclaim or deduction. Such Seller has made available to the Buyer true and complete copies of the Leases, as applicable. Except as set forth on Schedule 3.2(c)(i) attached hereto, all tenant improvements and other construction work to be performed by such Seller under such Leases have been completed. There are no tenant inducement costs with respect to the Leases of such Seller\u2019s Transferred Assets or any renewal thereof except as may be set forth in the Leases. No party has any purchase option, right of first refusal, right of first offer, right of reverter or similar right under such Leases (collectively, \u201cLease Options\u201d), except those Tenants relating to the Lease Options referenced in Section 14.28 below, relating to the purchase of all or a portion of such Seller\u2019s Property and listed on Schedule B attached hereto. Except as set forth on Schedule 3.2(c)(ii) attached hereto or in the Delinquency Report, as of the date of this Agreement, (i) such Seller has not received any written notice from any tenant under a Lease claiming landlord is in default in its obligations as landlord under such Lease and (ii) to Sellers\u2019 Knowledge, there exists no default by any tenant under any such Lease. Such Seller has not received any Lease Termination Payments as of the date hereof, except as set forth on Schedule 3.2(c)(iii) attached hereto.", "hash": "eeefdbe1b6fb1738aebdb52a8640fb71", "id": 10}, {"samples": [{"hash": "lDyFcLsKEe7", "uri": "/contracts/lDyFcLsKEe7#leases", "label": "Second Mezzanine Loan Agreement (Harrahs Entertainment Inc)", "score": 19.6707725525, "published": true}, {"hash": "kgbton6QS0x", "uri": "/contracts/kgbton6QS0x#leases", "label": "Eighth Mezzanine Loan Agreement (Harrahs Entertainment Inc)", "score": 19.6707725525, "published": true}, {"hash": "kCCIsOjJ6q1", "uri": "/contracts/kCCIsOjJ6q1#leases", "label": "Mezzanine Loan Agreement (Harrahs Entertainment Inc)", "score": 19.6707725525, "published": true}], "snippet_links": [{"key": "operating-leases", "type": "definition", "offset": [8, 24]}, {"key": "amended-and-restated", "type": "clause", "offset": [29, 49]}, {"key": "date-hereof", "type": "clause", "offset": [57, 68]}, {"key": "entered-into", "type": "clause", "offset": [123, 135]}, {"key": "in-connection", "type": "definition", "offset": [136, 149]}, {"key": "operating-lease-guaranty", "type": "definition", "offset": [169, 193]}, {"key": "to-lender", "type": "clause", "offset": [203, 212]}, {"key": "original-closing-date", "type": "definition", "offset": [220, 241]}, {"key": "with-respect-to", "type": "clause", "offset": [247, 262]}, {"key": "relating-to", "type": "definition", "offset": [286, 297]}, {"key": "swap-closing-date", "type": "definition", "offset": [322, 339]}, {"key": "copies-of", "type": "definition", "offset": [382, 391]}, {"key": "effect-on-the", "type": "clause", "offset": [413, 426]}, {"key": "entire-agreement-between-the-parties", "type": "clause", "offset": [458, 494]}, {"key": "subject-matter", "type": "definition", "offset": [523, 537]}, {"key": "written-agreements", "type": "clause", "offset": [563, 581]}, {"key": "on-schedule", "type": "definition", "offset": [666, 677]}, {"key": "the-properties", "type": "definition", "offset": [681, 695]}, {"key": "subject-to", "type": "definition", "offset": [704, 714]}, {"key": "space-leases", "type": "definition", "offset": [719, 731]}, {"key": "square-feet", "type": "definition", "offset": [835, 846]}, {"key": "true-lease", "type": "definition", "offset": [875, 885]}, {"key": "purposes-of-the", "type": "clause", "offset": [895, 910]}, {"key": "bankruptcy-code", "type": "definition", "offset": [911, 926]}, {"key": "applicable-legal-requirements", "type": "definition", "offset": [980, 1009]}, {"key": "lease-constitutes", "type": "definition", "offset": [1028, 1045]}, {"key": "the-leasehold-interest", "type": "clause", "offset": [1111, 1133]}, {"key": "mortgage-borrower", "type": "definition", "offset": [1159, 1176]}, {"key": "the-owner", "type": "definition", "offset": [1180, 1189]}, {"key": "of-landlord", "type": "clause", "offset": [1201, 1212]}, {"key": "no-person", "type": "clause", "offset": [1292, 1301]}, {"key": "possessory-interest", "type": "definition", "offset": [1310, 1329]}, {"key": "individual-property", "type": "definition", "offset": [1337, 1356]}, {"key": "right-to-occupy", "type": "clause", "offset": [1360, 1375]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [1414, 1435]}, {"key": "other-space", "type": "definition", "offset": [1457, 1468]}, {"key": "hotel-guests", "type": "definition", "offset": [1600, 1612]}, {"key": "full-force-and-effect", "type": "clause", "offset": [1670, 1691]}, {"key": "material-events-of-default", "type": "clause", "offset": [1709, 1735]}, {"key": "by-any-party", "type": "clause", "offset": [1747, 1759]}, {"key": "no-conditions", "type": "clause", "offset": [1782, 1795]}, {"key": "passage-of-time", "type": "clause", "offset": [1811, 1826]}, {"key": "giving-of-notice", "type": "clause", "offset": [1834, 1850]}, {"key": "a-default", "type": "definition", "offset": [1883, 1892]}, {"key": "no-rent", "type": "clause", "offset": [1905, 1912]}, {"key": "in-advance", "type": "clause", "offset": [1977, 1987]}, {"key": "due-date", "type": "definition", "offset": [1995, 2003]}, {"key": "no-prior-sale", "type": "clause", "offset": [2136, 2149]}, {"key": "transfer-or-assignment", "type": "clause", "offset": [2151, 2173]}, {"key": "assignment-of-leases", "type": "clause", "offset": [2300, 2320]}, {"key": "mortgage-loan-agreement", "type": "definition", "offset": [2353, 2376]}, {"key": "operating-company", "type": "definition", "offset": [2382, 2399]}, {"key": "the-terms", "type": "definition", "offset": [2532, 2541]}], "size": 137, "snippet": "(a) The Operating Leases (as amended and restated on the date hereof, and together with any certificates and notifications entered into in connection therewith) and the Operating Lease Guaranty provided to Lender on the Original Closing Date (or, with respect to those Operating Leases relating to Swap Properties, on the Swap Closing Date) are true, correct, accurate and complete copies of such documents as in effect on the date hereof and constitute the entire agreement between the parties thereto with respect to the subject matter therein and there are no written agreements modifying, amending, supplementing or restating such documents. Except as set forth on Schedule X, the Properties are not subject to any space Leases other than the Operating Lease and space Leases providing for occupancy of less than one hundred (100) square feet. Each Operating Lease is a \u201ctrue lease\u201d for all purposes of the Bankruptcy Code (including Section 365(d) and 502(b)(6) thereof) and applicable Legal Requirements, and no Operating Lease constitutes a financing or conveys any interest in the Properties other than the leasehold interest therein demised thereby. Mortgage Borrower is the owner and lessor of landlord\u2019s interest in the Operating Lease and the Operating Lease Guaranty. Currently, no Person has any possessory interest in any Individual Property or right to occupy the same except under and pursuant to the provisions of the Operating Lease, any other space Leases listed on Schedule X or permitted hereunder and, with respect to a right to occupancy only (and not a possessory interest), hotel guests. Each Operating Lease and Operating Lease Guaranty is in full force and effect and there are no material events of default thereunder by any party thereto and there are no conditions that, with the passage of time or the giving of notice, or both, would constitute such a default thereunder. No Rent under any Operating Lease has been paid more than one (1) month in advance of its due date and no Rents or charges under the Operating Lease have been waived, released or otherwise discharged or compromised. There has been no prior sale, transfer or assignment, hypothecation or pledge of any Operating Lease, Operating Lease Guaranty or of the Rents except pursuant to the Mortgage and Assignment of Leases (as such term is defined in the Mortgage Loan Agreement). No Operating Company has assigned the Operating Lease or sublet all or any portion of any Individual Property except pursuant to the Operating Lease and the terms hereof.", "hash": "910f72da35e4f1ebcda38b6d115e3d0a", "id": 8}], "next_curs": "Ck8SSWoVc35sYXdpbnNpZGVyY29udHJhY3RzcisLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ig9sZWFzZXMjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "Leases", "size": 14146, "children": [["generally", "Generally"], ["", ""], ["security-deposits", "Security Deposits"], ["additional-covenants-with-respect-to-leases", "Additional Covenants with respect to Leases"], ["approvals", "Approvals"]], "parents": [["representations-and-warranties", "Representations and Warranties"], ["negative-covenants", "NEGATIVE COVENANTS"], ["affirmative-covenants", "AFFIRMATIVE COVENANTS"], ["representations-and-warranties-of-seller", "REPRESENTATIONS AND WARRANTIES OF SELLER"], ["borrower-representations", "Borrower Representations"]], "id": "leases", "related": [["subleases", "Subleases", "Subleases"], ["real-property-leases", "Real Property Leases", "Real Property <strong>Leases</strong>"], ["new-leases", "New Leases", "New <strong>Leases</strong>"], ["tenant-leases", "Tenant Leases", "Tenant <strong>Leases</strong>"], ["operating-leases", "Operating Leases", "Operating <strong>Leases</strong>"]], "related_snippets": [], "updated": "2026-05-23T04:46:04+00:00", "also_ask": ["What are the most negotiable terms in commercial lease agreements?", "Which lease provisions are essential to prevent early termination or default?", "What are the most common legal pitfalls that render leases unenforceable?", "How do lease obligations differ between triple net and gross leases?", "What factors do courts consider when interpreting ambiguous lease terms?"], "drafting_tip": "Specify lease term and renewal conditions to prevent disputes; define rent calculation methods to ensure clarity; outline maintenance obligations to allocate responsibilities.", "explanation": "The 'Leases' clause defines the terms and conditions under which one party (the lessor) grants another party (the lessee) the right to use property, typically real estate, for a specified period in exchange for payment. This clause outlines key details such as the duration of the lease, payment obligations, maintenance responsibilities, and any restrictions on the use of the property. By clearly setting out these terms, the clause helps prevent disputes by ensuring both parties understand their rights and obligations regarding the leased property."}, "json": true, "cursor": ""}}