Common use of Delivery of Estoppel Clause in Contracts

Delivery of Estoppel. Tenant shall, from time to time, upon written request of Landlord, execute, acknowledge and deliver to Landlord or its designee a written statement stating: The date this Lease was executed and the date it expires; the date the term commenced and the date Tenant accepted the Premises; the amount of Basic Rent and the amount of Additional Rent currently being paid towards increases in Operating Costs, and the date to which such Rent has been paid; and certifying: (i) whether this Lease is in full force and effect and has not been assigned or amended in any way (or specifying the date and terms of agreement so affecting this Lease); (ii) whether this Lease represents the entire agreement between the parties as to this leasing; that all obligations under this Lease to be performed by the Landlord have been satisfied or specifying those that have not been satisfied; (iii) whether on this date there are no existing claims, defenses or offsets which the Tenant has against the enforcement of this Lease by the Landlord; (iv) whether no Rent has been paid more than one month in advance; and that no security has been deposited with Landlord (or, if so, the amount thereof); and (v) such other items as Landlord shall reasonably request. It is intended that any such statement delivered pursuant to this Section may be relied upon by a prospective purchaser of Landlord's interest or holder of any mortgage upon Landlord's interest in the Building or the Project.

Delivery of Estoppel. Within ten (10) Business Days after Landlord's request therefor, Tenant shall, from time to time, upon written request of Landlord, shall execute, acknowledge acknowledge, and deliver to Landlord or its designee a written statement statingcertificates as specified by Landlord certifying: The date (a) that this Lease was executed is unmodified and in full force and effect (or, if there have been modifications, that this Lease is in full force and effect, as modified, and identifying each modification); (b) the Lease Commencement Date, the Base Rent Commencement Date and the date it expiresExpiration Date; (c) that Tenant has accepted the date Premises (or the term commenced and the date reasons Tenant has not accepted the Premises), and if Landlord has agreed in the Work Letter to make any alterations or improvements to the Premises, that Landlord has properly completed such alterations or improvements (or the reasons why Landlord has not done so); (d) the amount of Basic the Base Monthly Rent and the amount of current Additional Rent currently being paid towards increases in Operating CostsRent, if any, and the date to which such Rent has been paid; and certifying: (ie) whether this Lease is in full force and effect and has not been assigned or amended in any way (or specifying the date and terms that there exists no Event of agreement so affecting this Lease); (ii) whether this Lease represents the entire agreement between the parties Default, except as to this leasing; that all obligations under this Lease to be performed by any Events of Default specified in the Landlord have been satisfied or specifying those that have not been satisfied; (iii) certificate, and whether on this date there are no any existing claims, defenses or offsets which the Tenant has against the enforcement of Tenant's obligations under this Lease; (f) that no default of Landlord under this Lease is claimed by Tenant, except as to any defaults specified in the Landlord; (iv) whether no Rent has been paid more than one month in advance; and that no security has been deposited with Landlord (or, if so, the amount thereof)certificate; and (vg) such other items matters as Landlord may be requested by Landlord. If requested by Landlord, Tenant shall reasonably request. It is intended that attach to any such certificate a copy of this Lease, and any amendments thereto, and include in such certificate a statement delivered pursuant to by Tenant that such attachment is a true, correct and complete copy of this Section may be relied upon by a prospective purchaser of Lease, including all modifications thereto. In addition, at Landlord's interest or holder request, any guarantor of any mortgage upon LandlordTenant's interest in the Building or the Projectobligations hereunder shall execute, acknowledge, and deliver to Landlord certificates as specified by Landlord reaffirming such guarantor's guaranty of Tenant's obligations.