Common use of Foreign Entities Clause in Contracts

Foreign Entities. Tenant represents and warrants to Landlord that the entity(s) or individual(s) constituting Tenant, or which may own or control Tenant, or which may be owned or controlled by Tenant, or which may be an affiliate of Tenant, are not a Foreign Source, as defined in Section 117 of the Higher Education Act (HEA) of 1965. If, at any time during the Lease Term, any such entity(s) or individual(s) shall be deemed to be a Foreign Source, Tenant shall promptly notify Landlord of such fact and shall provide all relevant information required to be reported by University under the HEA.

Appears in 2 contracts

Sources: Lease Agreement, Lease Agreement