Rent Rolls Clause Samples
The Rent Rolls clause requires the landlord to provide a detailed statement listing all tenants, the terms of their leases, and the amounts of rent currently being paid for a property. Typically, this clause applies in commercial real estate transactions, where the buyer or lender needs to verify the income stream and occupancy status of the property. By mandating disclosure of this information, the clause ensures transparency and allows the other party to accurately assess the financial health and value of the property, thereby reducing the risk of undisclosed vacancies or rent defaults.
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Rent Rolls. Only if requested by Lender and then upon Lender’s request, a certified copy of the updated rent roll for the Property in a form reasonably acceptable to Lender, which shall be prepared and certified as true, complete and correct by an appropriate officer of the Managing Member of Borrower.
Rent Rolls. The Rent Rolls for the Portfolio Properties as of December 31, 2001 previously delivered to the Agent pursuant to the 1998 Facility (i) have been prepared in accordance with the books and records of the Portfolio Properties, and (ii) fairly present the leasing status of the Portfolio Properties as of the date thereof. Since the date of said Rent Rolls there has been no substantial adverse change to the leasing status of the Portfolio Properties.
Rent Rolls. If reasonably requested by the Administrative Agent, a rent roll, tenant sales report and operating statement for each Consolidated Business that is a Real Property Business or indirectly owned in whole or in part by Borrower;
Rent Rolls. As soon as available and in any event within ninety (90) days after the end of each Fiscal Year, a rent roll, tenant sales report and operating statement for each property directly or indirectly owned in whole or in part by Borrower;
Rent Rolls. An accurate and complete Rent Roll in all material respects as of the date of inclusion of each Multifamily Property as an Unencumbered Asset with respect to all Leases of any portion of such Unencumbered Asset has been provided to Agent.
Rent Rolls. As soon as practicable following the request from any Lender, rent rolls (on Borrower’s detailed form of rent roll) for each Portfolio Property (to the extent so requested) dated as of the last day of the most recently completed Fiscal Quarter, in form and substance satisfactory to Agent, certified by the REIT’s chief executive officer, president, chief financial officer, or treasurer. Copies of the rent rolls will be provided only to those Lenders which expressly request copies thereof.
Rent Rolls. Rent rolls of the Parent, certified as of a recent date by the Treasurer of the Parent as being true and complete in all material respects to his knowledge.
Rent Rolls. Within 30 days after the end of each quarter, the rent roll for the Real Property for that quarter. Each rent roll will be certified by the person generating the rent roll, in its standard form of certification, as true and correct in all material respects.
Rent Rolls. 36 5.13 LITIGATION; ADVERSE EFFECTS................................36 5.14 NO MATERIAL ADVERSE CHANGE.................................36
Rent Rolls. To Buyers, the Rent Roll, the Master Leases Rent Roll, the Prepaid Rentals Schedule and the Unpaid Rentals Schedule, each updated as of the Closing Date, certified as to its accuracy and executed by Seller.