Common use of LIST OF TENANTS Clause in Contracts

LIST OF TENANTS. The Grantor shall provide the Trustee, before January 30th each year, with a list containing the name of all tenants and details as to their leases as at the immediately preceding December 31st. The Grantor shall obtain the prior written consent of the Trustee with respect to the terms and conditions of any new lease or the modifications or renewals of any existing leases provided nothing herein shall compel the Trustee to waive any right it may have pursuant to Article 1887 of the Civil Code of Quebec. Upon request of the Trustee, acting reasonably, the Grantor shall further provide (i) a copy (or the original, when requested by the Trustee) of all leases, present and future, relating to the Immovables and any document and any useful information in connection therewith, and (ii) a written acknowledgment by the tenants, present and future, of the hypothec on rentals hereby created in the form required by the Trustee.

Appears in 4 contracts

Samples: SLM International Inc /De, SLM International Inc /De, SLM International Inc /De

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