Common use of Tenant Bankruptcy Reports Clause in Contracts

Tenant Bankruptcy Reports. As soon as practicable, and in any event within ninety (90) days after the end of each Fiscal Year, the Borrower shall deliver a written report (which shall be incorporated into the Annual Compliance Certificate), in form reasonably satisfactory to the Administrative Agent, of all bankruptcy proceedings filed by or against, or the cessation of business or operations of, any tenant of any of the Real Properties of the Borrower or any of its Subsidiaries, the base rent payments of which tenant account for more than 5% of the Borrower's share of consolidated minimum rent in the Real Properties in the aggregate.

Appears in 3 contracts

Samples: Term Credit Agreement (General Growth Properties Inc), Revolving Credit Agreement (General Growth Properties Inc), Revolving and Term Credit Agreement (General Growth Properties Inc)

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Tenant Bankruptcy Reports. As soon as practicable, and in any event within ninety (90) days after the end of each Fiscal Year, the Borrower shall deliver a written report (which shall be incorporated into the Annual Compliance Certificate), in form reasonably satisfactory to the Administrative AgentCo-Agents, of all bankruptcy proceedings filed by or against, or the cessation of business or operations of, any tenant of any of the Real Properties of the Borrower or any of its Subsidiaries, the base rent payments of which tenant account for more than five percent (5% %) of the Borrower's share of consolidated minimum rent in the Real Properties in the aggregate, together with such other information reasonably satisfactory to the Co-Agents as to the square footage and total rent payable by any such tenants of any such Real Properties.

Appears in 1 contract

Samples: Term Loan Agreement (General Growth Properties Inc)

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Tenant Bankruptcy Reports. As soon as practicable, and ------------------------- in any event within ninety (90) days after the end of each Fiscal Year, the Borrower shall deliver a written report (which shall be incorporated into the Annual Compliance Certificate), in form reasonably satisfactory to the Administrative Agent, of all bankruptcy proceedings filed by or against, or the cessation of business or operations of, any tenant of any of the Real Properties of the Borrower Credit Party or any of its Subsidiaries, the base rent payments of which tenant account for more than 5% of the BorrowerCredit Party's share of consolidated minimum rent in the Real Properties in the aggregate.

Appears in 1 contract

Samples: Revolving Credit Agreement (General Growth Properties Inc)

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