Item 7.01 Regulation FD Disclosure OnOctober 2, 2020 , the Company provided a business update regarding its contractual rent collections through such date with respect to the periods set forth below: For the For the For the For the Quarter Ended Month Ended Month Ended Month Ended June 30, 2020 July 31, 2020 August 31, 2020 September 30, 2020 ThroughOctober 1, 2020 : Contractual rent collected(1) across total portfolio 88.3% / 85.9% 92.5% / 91.6% 93.6% / 93.3% 93.8% Contractual rent collected(1) from top 20 tenants(2) 82.9% 90.9% / 89.8% 91.7% 91.9% Contractual rent collected(1) from investment grade tenants(3) 99.4% 100.0% 99.9% / 100.0% 100.0% (1) Collection rates are calculated as the aggregate cash rent collected divided by the contractual cash rent charged for the applicable period. Cash rent collected is defined as amounts received including amounts in transit, where the tenant has confirmed payment is in process. Rent collection percentages are calculated based on contractual base rents (excluding percentage rents and tenant reimbursements). Charged amounts have not been adjusted for any COVID-19 related rent relief granted and include contractual base rents from any tenants in bankruptcy. (2) We define top 20 tenants as our 20 largest tenants based on percentage of total portfolio annualized contractual rental revenue as of the last day of such period. (3) We define investment grade tenants as tenants with a credit rating, and tenants that are subsidiaries or affiliates of companies with a credit rating, of Baa3/BBB- or higher from one of the three major rating agencies (Moody's/S&P/Fitch). The foregoing information, including the information contained in the revised press release, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and is not incorporated by reference into any of the Company's filings, whether made before or after the date hereof, regardless of any general incorporation language in any such filing.
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