Definition of Tenant Instruction Notice


Tenant Instruction Notice means, with respect to a Rental Property that is subject to a Lease Agreement, the written notice in the form of Exhibit H hereto that is executed by the Property Manager and may be delivered by Lender following the occurrence of a Property Manager Termination Event and termination of the Property Manager in accordance with Section 17(e) to each related Tenant informing such Tenant that Lender or a replacement property manager has replaced the Property Manager.

Examples of Tenant Instruction Notice in a sentence

To the extent not previously delivered, each Seller shall have delivered to Buyer a Tenant Instruction Notice duly executed in blank with respect to the Contributed Rental Properties.
To the extent not previously delivered, each Seller shall have delivered to Administrative Agent a Tenant Instruction Notice duly executed in blank with respect to the Contributed Rental Properties.
Within thirty (30) days following the initial Funding Date and solely with respect to the Contributed REO Properties pledged hereunder as of the initial Funding Date, Borrower shall cause each Asset Manager to deliver an executed Tenant Instruction Notice and Tenant Agency Notice with respect to each such Contributed REO Property; provided, that Lender shall not deliver such Tenant Instruction Notice or Tenant Agency Notice until after the occurrence and continuation of an Event of Default hereunder.