side letters

side letters (leases)

Written agreements that vary the terms of a lease. All contracts for the purchase of income-producing property should provide for full review of leases and any side letters before closing.

References in periodicals archive ?
Elizabeth also has extensive experience performing due diligence, negotiating partnership agreements and side letters for the private investments of institutional investors, including endowments, universities and pensions.
Canada, which wanted protection of its cultural industries, and Vietnam, which has worried about labour protection rules, will exchange separate side letters with other members on those topics at the time of the signing, Motegi said.
But there could be others whose actions need explored including those of Rangers head of administration Andrew Dickson whose involvement in the notorious side letters hasn't prevented him climbing the SFA's own ladder.
Additionally, she focuses on matters arising at established funds, such as negotiating trading agreements, negotiating side letters and conducting due diligence on investments.
Wyckoff brings extensive experience as she has provided comprehensive legal services to institutional and emerging asset managers, proprietary trading firms, family offices, banks and broker-dealers on a wide range of issues including formation and structuring of domestic and offshore real estate funds, private equity funds, hedge funds and managed account platforms; securities, futures and other regulatory matters; marketing and placement agents; due diligence, side letters and seed deals; futures trading issues and documentation; and investment manager M&A transactions.
He decided that Rangers had gained no sporting advantage but should have informed the SPL and SFA about the existence of the side letters.
Even the current members have found need to append hundreds of side letters to the TPP Agreement, reserving specific exceptions, mostly time-bound, from drastic policy changes it would require.
Many of the side letters, with details of last minute bilateral deals between particular governments, have not been released.
At that time, the NAT had a policy of providing these side letters, and it assured the taxpayers before they made their gift that if believed this refund offer would not jeopardize their claim to I charitable deduction.
And with every mis-placed pass and sliced clearance the howls of derision from the home side Letters .
Side letters provided for reimbursement to the institutions for the related costs of holding the products until they were "resold" to the railroads in the following year.