Common use of Representations and Warranties on Leases Clause in Contracts

Representations and Warranties on Leases. Borrower represents and warrants to the Administrative Agent and the Lenders with respect to leases of the Project that except as disclosed in Schedule 5.1: (1) to Borrower's knowledge, the rent roll delivered to the Administrative Agent is true and correct in all material respects, and the leases are valid and in and full force and effect; (2) the leases (including amendments) are in writing, and there are no oral agreements with respect thereto; (3) the copies of the leases delivered to the Administrative Agent are true and complete;

Appears in 1 contract

Sources: Loan Agreement (Metropolis Realty Trust Inc)

Representations and Warranties on Leases. Borrower represents and warrants to the Administrative Agent and the Lenders with respect to leases of the Project Projects that except as disclosed the following are true, correct and complete in Schedule 5.1all material respects: (1) to Borrower's knowledge, the rent roll rolls delivered to the Administrative Agent is are each true and correct in all material respectscorrect, and the leases are valid and in and full force and effect; (2) the leases (including amendments) are in writing, and there are no oral agreements with respect thereto; (3) the copies of the leases delivered to the Administrative Agent are true and complete;

Appears in 1 contract

Sources: Loan Agreement (Center Trust Inc)

Representations and Warranties on Leases. Borrower represents and warrants to the Administrative Agent and the Lenders with respect to leases Leases of the Project that except as disclosed in Schedule 5.1that: (1) to Borrower's ’s knowledge, the rent roll attached hereto as Schedule 6.1 and delivered to the Administrative Agent is true and correct in all material respects, and, subject to the terms and conditions therein, the leases Leases are valid and in and full force and effect; (2) the leases Leases (including amendments) are in writing, and there are no oral agreements with respect thereto; (3) the copies of the leases Leases delivered to the Administrative Agent are true and complete; (4) to Borrower’s knowledge, neither the landlord nor any tenant is in default under any of the Leases;

Appears in 1 contract

Sources: Construction Loan Agreement

Representations and Warranties on Leases. Borrower represents ---------------------------------------- and warrants to the Administrative Agent and the Lenders with respect to leases of the Project Projects that except as disclosed the following are true, correct and complete in Schedule 5.1all material respects: (1) to Borrower's knowledge, the rent roll rolls delivered to the Administrative Agent is are each true and correct in all material respectscorrect, and the leases are valid and in and full force and effect; (2) the leases (including amendments) are in writing, and there are no oral agreements with respect thereto; (3) the copies of the leases delivered to the Administrative Agent are true and complete;

Appears in 1 contract

Sources: Loan Agreement (Center Trust Inc)