Common use of Tenant Notification Letters Clause in Contracts

Tenant Notification Letters. Borrower and Buyer each covenant and agree that, no later than two (2) Business Days after the date hereof, Borrower and Buyer shall deliver (or cause the delivery) to each tenant under a Lease a fully executed and complete irrevocable notification letter in form and substance acceptable to Lender in accordance with the required notice provisions under such Lease.

Appears in 2 contracts

Sources: Assumption of Mortgage and Security Agreement, Assumption of Mortgage and Security Agreement (Cb Richard Ellis Realty Trust)