Rollover Lease definition

Rollover Lease means each respective Lease at the Property with each Rollover Tenant, as each of the same may have been or may hereafter be amended, extended, renewed, replaced and/or otherwise modified in accordance with the terms hereof.
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Rollover Lease means that certain lease agreement for the Fee Property contemplated by the Real Estate Purchase Agreement.
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Examples of Rollover Lease in a sentence

  • Except for the Real Estate Purchase Agreement and the Rollover Lease, this Agreement (including the Exhibits and Schedules attached hereto, all of which are hereby made a part hereof) and the Confidentiality Agreement contain the entire agreement and understanding of the parties hereto with respect to the subject matter contained herein, supersede and cancel all prior agreements, negotiations, correspondence, undertakings and communications of the parties, oral or written, respecting such subject matter.

  • In addition, Borrower will submit such other documentation as may be reasonably required by Lender or Servicer to establish that such Rollover Lease Costs are then due, which may include photographs of the completed work, partial lien releases with respect to the payments last made and contingent lien releases (if customary in the relevant jurisdiction) with respect to payments to be made with the funds to be transferred to Borrower.

  • Borrower hereby acknowledges and agrees that all of the Rents (other than security deposits from tenants), Money and Proceeds received from Accounts derived from the Individual Properties shall be utilized to pay Basic Carrying Costs, Debt Service, Capital Costs, Rollover Lease Costs, Operating Expenses, Purchase Option Obligations (if any) and for other purposes, including without limitation, dividends or distributions.

  • Notwithstanding the foregoing, the parties acknowledge and agree that the Real Estate Purchase Agreement, the Rollover Lease and the rights and obligations under such agreements shall survive the Closing pursuant to the terms thereof.

  • The applicable parties to the Real Estate Purchase Agreement and the Rollover Lease, if necessary, shall have executed and delivered such agreements to the respective parties thereto.

  • Not more frequently than once each Collection Period and provided that no Event of Default has occurred and is continuing, upon Borrower's written request, Lender or Servicer shall transfer funds to Borrower then allocated to the Lease Reserve Sub-Account for payment of Rollover Lease Costs.

  • If the Rollover Lease is executed, the Purchase Price shall be reduced by the base rent paid by the Tenant thereunder to Seller pursuant to Section 4 of the Rollover Lease.