Rental Relief Assessment Form
Tenant agrees to maintain in the strictest confidence: (i) the fact that Landlord is considering the Forbearance Request or providing Tenant with any other relief under the Lease; (ii) the existence of this Agreement; (iii) all discussions and/or negotiations between Tenant and Landlord with respect to the Forbearance Request; and (iv) the terms and conditions of any future agreement with respect to the Forbearance Request (collectively, the “Confidential Information”). Tenant agrees that the Confidential Information shall not be, directly or indirectly, disclosed, published, communicated or made accessible to any third party under any circumstances, and shall be kept strictly confidential. Tenant shall use best efforts and undertake all necessary and reasonable steps to ensure that the Confidential Information is maintained in strict confidence at all times. Tenant agrees that its officers, directors, shareholders, members, partners, employees and agents (the “Representatives”) will strictly comply with this Agreement, and Tenant shall be liable for any breach by any of the Representatives. Strict compliance with the terms of this Agreement is also a condition to Landlord considering the Forbearance Request. In the event of a breach of this Agreement, any relief granted to Tenant in response to the Forbearance Request shall be null and void, ab initio, and Tenant shall be liable to Landlord for the full amount due and owing under the Lease.
In addition to the above information, if rent relief is granted, owner may require some or all of
1. Monthly sales for last 12 months and 4 weeks leading up to your request.
2. Business financial statements (Prior year and YTD)
3. Personal financial statements
4. 3 months bank statements for business