Common use of Real Property Lease Clause in Contracts

Real Property Lease. Each RFG Family Entity that is identified as being the lessee of any parcel of Leased Real Property has, to the Knowledge of the RFG Family Entities, a valid and enforceable leasehold interest under each of the leases for the Leased Real Property and the RFG Family Entities have not received any written notice of any default and, to the Knowledge of the RFG Family Entities, no event has occurred that, with notice or lapse of time, or both, would constitute a default by the RFG Family Entity that is the lessee of any such Leased Real Property. To the Knowledge of the RFG Family Entities, no lessor under any Real Property Lease is in default thereunder, nor has any event occurred that, with notice or lapse of time, or both, would constitute a default by the lessor thereunder. Prior to the date hereof, to the Knowledge of the RFG Family Entities, true, correct and complete copies of each Real Property Lease, including all amendments and modifications with respect thereto, and any documents to which the applicable RFG Family Entity is a party with respect to any Leased Real Property (i.e., a subordination, non-disturbance and attornment agreement with any mortgagee of a Leased Real Property) have been made available to Purchaser.

Appears in 2 contracts

Sources: Merger Agreement (Calavo Growers Inc), Merger Agreement (Calavo Growers Inc)