Lessor Lender definition
Examples of Lessor Lender in a sentence
Lessee's books and records shall be open for inspection at reasonable times and upon reasonable notice by Lessor, Lender and their respective auditors or other authorized representatives and shall show such information as is reasonably necessary to determine compliance with Lessor's obligations under the Loan Documents.
In the event Lessee is unable to provide a representative of Lessee to be present for a Lessor or Lessor Lender inspection at any time during a thirty (30) consecutive day period, Lessee shall pay to Lessor a $10,000 penalty.
Lessor agrees that so long as this Lease is in effect, Lessee shall and may peaceably and quietly have, hold and enjoy the Leased Property and all rights of Lessee hereunder during the Term without any manner of hindrance or molestation from Lessor, Lessor Lender, or anyone claiming by, through or under Lessor or Lessor Lender.
Lessee shall cooperate with and provide access to Lessor, Lender, Environmental Insurer and any other person or entity designated by Lessor.
No mortgages, deeds of trust, fixture filings, UCC financing statements or other Lien filings will be recorded by Lessor or any Lessor Lender in the Official Public Records or in personal property UCC records naming Lessee as a debtor with respect to any of the Leased Property.
If actual notice is given by any taxing authority to Lessor, Trustee, a Lessor Lender or Owner Participant (as the case may be) that a report or return is required to be filed in its name with respect to any Taxes that are the responsibility of the Lessee under this Agreement, the Lessor, Trustee, such Lessor Lender or Owner Participant shall promptly notify Lessee of such required report or return.
The fees and disbursements of such accounting firm shall be paid by the Lessee unless such verification shall result in an adjustment in the Lessee's favor greater than or equal to the greater of (i) five percent (5%) of the total amount verified, or (ii) the fee charged by such accounting firm, in which case such fee shall be paid by such Lessor, Trustee, Lessor Lender or Owner Participant.
The Lessor, Trustee, Lessor Lender or Owner Participant (as the case may be) and the Lessee hereby agree to provide the accountants with all information and materials as shall be reasonably necessary or desirable in connection herewith.
Lessee's and Permitted Sublessees' books and records shall be open for inspection at reasonable times and upon reasonable notice by Lessor, Lender and their respective auditors or other authorized representatives and shall show such information as is reasonably necessary to determine compliance with Lessor's obligations under the Loan Documents.
Lessor, Trustee, any Lessor Lender or Owner Participant (as the case may be) agrees to respond to any reasonable request of Lessee for information within its control with respect to the filing of any report or return, but Lessee agrees to duly complete the same or pay any reasonable costs, fees or other charges of independent counsel or independent accountants incurred in connection with such request.