Tenant Statement definition
Examples of Tenant Statement in a sentence
As to financial statements of such tenants (a “Tenant Statement”), in the event of any failure of Borrower to deliver a Tenant Statement, the $500.00 per month per statement late fee owing with respect to late financial statements as set forth below shall increase after any 12 months of delinquency as to any such Tenant Statement by an additional $250 per month per statement ($750 for months 13 through 24, $1000 for months 24 through 36, and so on).
Each Party (as "Responding Party") shall within ten (10) days after written notice from the other Party (the "Requesting Party") execute, acknowledge and deliver to the Requesting Party a statement in writing in a form similar to the then most current "Tenant Statement" from published by the American Industrial Real Estate Association, plus such additional information, confirmation and/or statements as may be reasonably requested by the Requesting Party.
A copy of the Tenant Statement reflecting unit number, tenant name, rent amount charged, and monies received from the prior month and the payment due for the next month will be provided to Owner mid- month for the previous month.
Tenant shall provide an AIREA 1987 Standard Tenant Statement in accordance with the terms of paragraph 16a and in addition to any other document required in paragraph 30, a nondisturbance, attornment, and subordination agreement in favor of lender in the form as typically required by GE Capital or, upon Lessor's election, any other commercially reasonable form.
If Tenant delivers a Tenant Statement within such one hundred twenty (120) day period, then Landlord and Tenant shall attempt to resolve such disagreement.
If Tenant delivers a Tenant Statement within such ninety (90) day period, then Landlord and Tenant shall attempt to resolve such disagreement.
If Tenant delivers a Tenant Statement within such 60 day period, then Landlord and Tenant shall attempt to resolve such disagreement.
The Original Lease, the Tenant Statement, the First Amendment, the Second Amendment and the Third Amendment are collectively referred to herein as the "Lease".