Common use of Monthly Status Report Clause in Contracts

Monthly Status Report. Campus Crest shall prepare (or cause the Property Manager or Developer, as the case may be, to prepare) and distribute to the Members not less often than monthly a status report on the Properties which shall contain as appropriate (i) a description of the status of construction of the Properties in a form attached hereto as Exhibit J, (ii) occupancy rates and impending lease expirations, (iii) a summary of rental rates being charged, (iv) any material deviations or expected deviations from all Development Budgets and the Annual Business Plan and Operating Budget for each Property and an explanation thereof, (vi) with respect to each Development Project, during the construction period, a report containing those items listed on Schedule 2 attached hereto, and (vii) with respect to each Development Project, after the construction period, and each Acquisition Project, a report containing those items listed on Schedule 3 attached hereto.

Monthly Status Report. Campus Crest shall prepare (or cause the Property Manager or Developer, as the case may be, to prepare) and distribute to the Members not less often than monthly a status report on the Properties which shall contain as appropriate (i) a description of the status of construction of the Properties in a form attached hereto as Exhibit J, (ii) occupancy rates and impending lease expirations, (iii) a summary of rental rates being charged, (iv) any material deviations or expected deviations from all Development Budgets and the Annual Business Plan and Operating Budget for each Property and an explanation thereof, (vi) with respect to each Development Project, during the construction period, a report containing those items listed on Schedule 2 attached hereto, and (vii) with respect to each Development Project, after the construction period, and each Acquisition Project, a report containing those items listed on Schedule 3 attached hereto.. 8.6