Common use of Borrower’s Estoppel Certificate Clause in Contracts

Borrower’s Estoppel Certificate. Within ten (10) days after Lender’s request, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (i) the amount of the Indebtedness then owing under the Loan Documents; (ii) the terms of payment and Maturity Date of the Indebtedness; (iii) the date to which interest has been paid under the Loan; (iv) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a detailed description thereof; (v) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vi) the date to which the Rents, under such Leases have been paid; (vii) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viii) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default).

Borrower’s Estoppel Certificate. Within ten (10) days after Lender’s request, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (ia) the amount of the Indebtedness then owing under the Loan Documents; (iib) the terms of payment and Maturity Date of the Indebtedness; (iiic) the date to which interest has been paid under the Loan; (ivd) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a reasonably detailed description thereof; (ve) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vif) the date to which the Rents, under such Leases have been paid; (viig) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viiih) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default).

Borrower’s Estoppel Certificate. Within ten (10) days after Lender’s request, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (i) the amount of the Indebtedness then owing under the Loan Documents; (ii) the terms of payment and Maturity Date of the Indebtedness; (iii) the date to which interest has been paid under the Loan; (iv) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a detailed description thereof; (v) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vi) the date to which the Rents, under such Leases have been paid; (vii) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viii) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default).

Borrower’s Estoppel Certificate. Within ten (10) days after LenderXxxxxx’s request, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (ia) the amount of the Indebtedness then owing under the Loan Documents; (iib) the terms of payment and Maturity Date of the Indebtedness; (iiic) the date to which interest has been paid under the Loan; (ivd) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a detailed description thereof; (ve) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vif) the date to which the Rents, under such Leases have been paid; (viig) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viiih) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default)Xxxxxx.

Borrower’s Estoppel Certificate. Within ten (10) days after Lender’s request, but not more than two (2) times per calendar year unless an Event of Default occurs, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (ia) the amount of the Indebtedness then owing under the Loan Documents; (iib) the terms of payment and Maturity Date of the Indebtedness; (iiic) the date to which interest has been paid under the Loan; (ivd) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a detailed description thereof; (ve) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vif) the date to which the Rents, under such Leases have been paid; (viig) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viiih) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default).

Borrower’s Estoppel Certificate. Within ten (10) days after LenderXxxxxx’s request, but not more than two (2) times per calendar year unless an Event of Default occurs, Borrower shall furnish to Lender a written statement, certifying to Lender or to Lender’s designee as to: (ia) the amount of the Indebtedness then owing under the Loan Documents; (iib) the terms of payment and Maturity Date of the Indebtedness; (iiic) the date to which interest has been paid under the Loan; (ivd) whether any offsets or defenses exist against the Indebtedness or Obligations and, if any are alleged to exist, a detailed description thereof; (ve) that all Leases for the Property are in full force and effect and have not been modified (or if modified, setting forth all modifications); (vif) the date to which the Rents, under such Leases have been paid; (viig) whether or not, to Borrower’s Knowledge, any of the tenants under such Leases are in default under such Leases, and, if any of the tenants are in default, setting forth the specific nature of all such defaults; and (viiih) any other matters reasonably requested by Lender; provided, however, that in no event shall Borrower be obligated to deliver more than one (1) such statement in any twelve (12) month period (except during a default)Xxxxxx.