Common use of Occupancy Report Clause in Contracts

Occupancy Report. Borrower has delivered to Lender a true, correct and complete Occupancy Report for each Individual Property as of the date hereof. All Leases comply with applicable law, regulation and/or policy issued by any Health Care Authority that has direct or indirect authority or oversight over Borrower, the applicable Individual Property or the operations conducted on such Individual Property. No tenant/resident under any Lease has, as of the date hereof, paid rent more than thirty (30) days in advance, and the rents or charges under such Leases have not been waived, released, or otherwise discharged or compromised.

Appears in 2 contracts

Sources: Mezzanine Loan Agreement (Skilled Healthcare Group Inc), Loan Agreement (Skilled Healthcare Group Inc)