COOPERATION BY CITY. Upon Lessee’s request, City shall, without cost to Lessee, promptly join in and execute any instruments as Lessee may from time to time request to enable Lessee from time to time to use the Leased Premises in accordance with this Lease Agreement, provided Lessee’s request is in reasonable and customary form and does not cause the Leased Premises to be encumbered as security for any obligation and does not otherwise expose the Leased Premises to any material risk of forfeiture during the Term of this Lease Agreement. Lessee agrees that the joinder by City in any application or instrument filed by Lessee under the preceding sentence: (I) shall not limit or otherwise affect the review of such application by the City of Shreveport or any department thereof charged with responsibility for such review; and (ii) shall not imply or guarantee that such application will be approved by the City of Shreveport, or its agencies or departments, acting in their public or police power capacity. Without limiting the foregoing, within ten (10) days after request by either party, the notified party shall execute and deliver to the requesting party a sworn statement in recordable form certifying to the requesting party or any Mortgagee any facts that are true with respect to the Leased Premises or this Lease Agreement, including (if true) that this Lease Agreement is in full force and effect, that there have been no unapproved changes to this Lease Agreement, that Lessee is lawfully in possession of the Leased Premises and is not in default, that there are no defenses or offsets under this Lease Agreement claimed by the notified party, and the date through which rent has been paid.
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Samples: Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement, Cooperative Endeavor Lease Agreement
COOPERATION BY CITY. Upon Lessee’s request, City shall, without cost to Lessee, promptly join in and execute any instruments as Lessee may from time to time request to enable Lessee from time to time to use the Leased Premises in accordance with this Lease Agreement, provided Lessee’s request is in reasonable and customary form and does not cause the Leased Premises to be encumbered as security for any obligation and does not otherwise expose the Leased Premises to any material risk of forfeiture during the Term of this Lease Agreement. Lessee agrees that the joinder by City in any application or instrument filed by Lessee under the preceding sentence: :
(I) shall not limit or otherwise affect the review of such application by the City of Shreveport or any department thereof charged with responsibility for such review; and (ii) shall not imply or guarantee that such application will be approved by the City of Shreveport, or its agencies or departments, acting in their public or police power capacity. Without limiting the foregoing, within ten (10) days after request by either party, the notified party shall execute and deliver to the requesting party a sworn statement in recordable form certifying to the requesting party or any Mortgagee any facts that are true with respect to the Leased Premises or this Lease Agreement, including (if true) that this Lease Agreement is in full force and effect, that there have been no unapproved changes to this Lease Agreement, that Lessee is lawfully in possession of the Leased Premises and is not in default, that there are no defenses or offsets under this Lease Agreement claimed by the notified party, and the date through which rent has been paid.
Appears in 1 contract
Samples: Cooperative Endeavor Lease Agreement