Estoppel Certification. Lessee agrees that at any time and from time to time at reasonable intervals, within five (5) business days after written request by Lessor or PBP, Lessee will execute, acknowledge and deliver to Lessor and PBP, Lessor’s or PBP’s mortgagee, or other person designate by Lessor or PBP a certificate in a form as may, from time to time, be provided, ratifying this Lease and certifying (i) that Lessee has entered into occupancy of the Demised Premises and the date of such entry if such is the case; (ii) that the Lease is in full force and effect and has not been assigned, modified, supplemented or amended in any way (or, if there has been any assignment, modification, supplement or amendment, identifying the same); (iii) that this Lease represents the entire agreement between Lessor and Lessee as to the subject matter hereof; (iv) the date of commencement and expiration of the term; (v) that all conditions under this Lease to be performed by lessor have been satisfied and all required contributions by Lessor to Lessee on account of Lessee and Lessee’s improvements have been received (and if not, what conditions remain unperformed); (vi) that to the knowledge of the signer of such writing no default exists in the performance or observance of any covenant or condition in this Lease and there are no defenses or offsets against the enforcement of this Lease by Lessor (or specifying each default, defense or offset of which the signer may have knowledge): (vii) that no Minimum Rent or other rental has been paid in advance and no security has been deposited with Lessor except as set forth in this lease; (ix) the amount of Minimum Rent and other charges payable by Lessee under the Lease; (x) that Lessor has no obligation for painting, repairs or improvements to the Demised Premises; and (xi) that there are no renewal options or options to purchase or expand the Demised Premises (except as stated in this Lease). Lessee hereby irrevocably appoints Lessor its attorney-in-fact to execute such a writing in the event Lessee shall fail to do so within five (5) business days of receipt of Lessor’s request.
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Estoppel Certification. Lessee Tenant agrees that at any time and from time to time at reasonable intervals, within five twenty (520) business days after written request by Lessor or PBPXxxxxxxx, Lessee Xxxxxx will execute, acknowledge and deliver to Lessor and PBPLandlord, Lessor’s or PBP’s Xxxxxxxx's mortgagee, or other person designate designated by Lessor or PBP Landlord, a certificate in a form as may, from time to time, be provided, ratifying this Lease and certifying (i) that Lessee Tenant has entered into occupancy of the Demised Premises and the date of such entry if such is the case; (ii) that the Lease is in full force and effect effect, and has not been assigned, modified, supplemented supplemented, or amended in any way (or, if there has have been any assignment, modification, supplement supplement, or amendment, identifying the same); (iii) that this Lease represents the entire agreement between Lessor Landlord and Lessee Tenant as to the subject matter hereofthereof; (iv) the date of commencement and expiration of the termTerm; (v) that all conditions under this Lease to be performed by lessor Landlord have been satisfied and all required contributions by Lessor Landlord to Lessee Tenant on account of Lessee and Lessee’s Tenant's improvements have been received (and if not, what conditions remain unperformedimperforate); (vi) that to the knowledge of the signer of such writing no default exists in the performance or observance of any covenant or condition in this Lease and there are no not defenses or offsets against the enforcement of this Lease by Lessor Landlord (or specifying each default, defense or offset of which the signer may have knowledge): ); (vii) that no Minimum Rent or other rental has been paid in advance and no security has been deposited with Lessor Landlord except as set forth in this lease; Lease, and (viii) the date to which Minimum Rent and all other rentals have been paid under this Lease, (ix) the amount of Minimum Rent and other charges payable by Lessee Tenant under the Lease; , (x) that Lessor Landlord has no obligation for painting, repairs or improvements to the Demised Premises; , and (xixii) that there are no renewal options or options to purchase or expand the Demised Premises (except as stated in this Lease). Lessee Tenant hereby irrevocably appoints Lessor Landlord its attorney-in-fact to execute such a writing in the event Lessee Tenant shall fail to do so within five twenty (520) business days of receipt of Lessor’s Landlord's request.
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Samples: Lease Agreement (Room Plus Inc)
Estoppel Certification. Lessee agrees that at Together with every Officer's Certificate required to be provided hereunder, or otherwise upon request by Landlord in connection with a proposed sale or refinancing of any time and from time to time at reasonable intervals, Leased Property(ies) by Landlord or otherwise (in any such case within five (5) business days after written request Business Days), Tenant shall provide an "Estoppel Certificate" certifying to Landlord and Landlord's designees (which certificate may be relied upon by Lessor Landlord and any prospective purchaser or PBP, Lessee will execute, acknowledge and deliver to Lessor and PBP, Lessor’s prospective Facility Mortgagee of any Leased Property or PBP’s mortgagee, or any other person designate by Lessor or PBP a certificate in a form as may, from time to time, be provided, ratifying this Lease and certifying designee) the following information:
(i) this Lease is unmodified and is in full force and effect (or that Lessee has entered into occupancy of the Demised Premises and the date of such entry if such is the case; (ii) that the this Lease is in full force and effect as modified and setting forth the modifications);
(ii) the dates to which Rent has been paid, each Tenant's Proportionate Share and the amount of Rent by Facility;
(iii) all Facilities are in good standing with respect to all necessary federal, state and local licenses, permits and other Authorizations (including, but not been assignedlimited to, modified, supplemented or amended all of the Facility Provider Agreements);
(iv) each Facility that participates in the Medicare program is in compliance with the terms of its Facility Provider Agreement relative to Medicare and in good standing with the Medicare program;
(v) each Facility that participates in the Medicaid program is in compliance with the terms of its Facility Provider Agreement relative to Medicaid and in good standing with the Medicaid program;
(vi) each Facility that participates in any way Third Party Payor Program is in compliance with the terms of such program and is in good standing thereunder;
(vii) the current number of licensed beds at each Facility;
(viii) Tenant is not in default in the performance of its obligations under this Lease or, if there has been any assignmenta default or an Event of Default exists, modification, supplement or amendment, identifying specifying the same); (iii) that this Lease represents the entire agreement between Lessor and Lessee as to the subject matter hereof; (iv) the date of commencement and expiration of the term; (v) that all conditions under this Lease to be performed by lessor have been satisfied and all required contributions by Lessor to Lessee on account of Lessee and Lessee’s improvements have been received (and if not, what conditions remain unperformed); (vi) that to the knowledge of the signer of such writing no default exists same in the performance or observance of any covenant or condition in this Lease and there are no defenses or offsets against the enforcement of this Lease by Lessor (or specifying each default, defense or offset of which the signer may have knowledge): (vii) that no Minimum Rent or other rental has been paid in advance and no security has been deposited with Lessor except as set forth in this lease; reasonable detail;
(ix) Landlord is not in default pursuant to the amount terms of Minimum Rent and other charges payable by Lessee under the this Lease; ;
(x) that Lessor has no obligation for painting, repairs or improvements to the Demised Premises; representations and warranties of Tenant contained in Section 10 of the Lease are true and correct in all material respects;
(xi) that there are such other information, certifications and assurances as Landlord (or any prospective purchaser or prospective Facility Mortgagee) shall reasonably require or request as part of an Estoppel Certificate or otherwise;
(xii) no renewal options Facility has a TAG of "G" or options higher or is the subject of any admissions hold; and
(xiii) no Facility or Tenant is the subject of any litigation, investigation, suit or proceeding for which adequate insurance coverage is not available under existing insurance policies maintained by Tenant. Any Estoppel Certificate shall, at Landlord's request, be delivered together with complete and accurate copies (originals of which shall be made available for inspection upon request by Landlord) of all licenses, permits and other Authorizations necessary to purchase or expand operate the Demised Premises (except as stated Facilities in this Lease). Lessee hereby irrevocably appoints Lessor its attorney-in-fact to execute such a writing in the event Lessee shall fail to do so within five (5) business days of receipt of Lessor’s requestaccordance with all applicable laws.
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Samples: Master Lease Agreement (Ventas Inc)
Estoppel Certification. (a) Lessee agrees that shall at any time and upon not less than (10) days' prior written notice from time to time at reasonable intervals, within five (5) business days after written request by Lessor or PBP, Lessee will execute, acknowledge and deliver to Lessor and PBP, Lessor’s or PBP’s mortgagee, or other person designate by Lessor or PBP a certificate statement in a form as may, from time to time, be provided, ratifying writing [1] certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying (i) that Lessee has entered into occupancy this Lease, as so modified, is in full force and effect), the amount of the Demised Premises any security deposit, and the date to which the rent and other charges are paid in advance, if any, and [2] acknowledging that there are not, to Lessee's knowledge, any uncured defaults on the part of Lessor hereunder, or specifying such entry defaults if any are claimed. Any such is statement may be conclusively relied upon by any prospective purchaser or encumbrancer to the case; Premises.
(iib) At Lessor option, Lessee's failure to deliver such statement within such time shall be a material breach of this Lease or shall be conclusive upon Lessee [1] that the this Lease is in full force and effect and has not been assignedeffect, modifiedwithout modification except as may be represented by Lessor, supplemented or amended in any way (or, if there has been any assignment, modification, supplement or amendment, identifying the same); (iii) [2] that this Lease represents the entire agreement between Lessor and Lessee as to the subject matter hereof; (iv) the date of commencement and expiration of the term; (v) that all conditions under this Lease to be performed by lessor have been satisfied and all required contributions by Lessor to Lessee on account of Lessee and Lessee’s improvements have been received (and if not, what conditions remain unperformed); (vi) that to the knowledge of the signer of such writing no default exists in the performance or observance of any covenant or condition in this Lease and there are no defenses or offsets against the enforcement of this Lease by Lessor (or specifying each defaultuncured defaults in Lessor's performance, defense or offset of which the signer may have knowledge): (vii) and [3] that no Minimum Rent or other rental not more than one month's rent has been paid in advance and no security has been deposited with or such failure may be considered by Lessor except as set forth in this lease; (ix) the amount of Minimum Rent and other charges payable a default by Lessee under the Lease; (x) that Lessor has no obligation for painting, repairs or improvements to the Demised Premises; and (xi) that there are no renewal options or options to purchase or expand the Demised Premises (except as stated in this Lease). .
(c) If Lessor desires to finance, refinance, or sell the Premises, or any part thereof, Lessee hereby irrevocably appoints agrees to deliver to any lender or purchaser designated by Lessor its attorney-in-fact to execute such a writing financial statements of Lessee as may be reasonably required by such lender or purchaser. Such statements should include the past three years' financial statements of Lessee. All such financial statements shall be received by Lessor and such lender or purchaser in confidence and shall be used only for the event Lessee shall fail to do so within five (5) business days of receipt of Lessor’s requestpurposes herein set forth.
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Estoppel Certification. Lessee agrees that at any time and from time to time at reasonable intervals, within five (5) business days after written request by Lessor or PBPLessor, Lessee will execute, acknowledge and deliver to Lessor and PBPLessor, Lessor’s or PBP’s mortgagee, or other person designate by Lessor or PBP a certificate in a form as may, from time to time, be provided, ratifying this Lease and certifying (i) that Lessee has entered into occupancy of the Demised Premises and the date of such entry if such is the case; (ii) that the Lease is in full force and effect and has not been assigned, modified, supplemented or amended in any way (or, if there has been any assignment, modification, supplement or amendment, identifying the same); (iii) that this Lease represents the entire agreement between Lessor and Lessee as to the subject matter hereof; (iv) the date of commencement and expiration of the termTerm; (v) that all conditions under this Lease to be performed by lessor Lessor have been satisfied and all required contributions by Lessor to Lessee on account of Lessee and Lessee’s improvements have been received (and if not, what conditions remain unperformed); (vi) that to the knowledge of the signer of such writing no default exists in the performance or observance of any covenant or condition in this Lease and there are no defenses or offsets against the enforcement of this Lease by Lessor (or specifying each default, defense or offset of which the signer may have knowledge): (vii) that no Minimum Rent or other rental has been paid in advance and no security has been deposited with Lessor except as set forth in this leaseLease; (ix) the amount of Minimum Rent and other charges payable by Lessee under the Lease; (x) that Lessor has no obligation for painting, repairs or improvements to the Demised Premises; and (xi) that there are no renewal options or options to purchase or expand the Demised Premises (except as stated in this Lease). Lessee hereby irrevocably appoints Lessor its attorney-in-fact to execute such a writing document in the event Lessee shall fail to do so within five (5) business days of receipt of Lessor’s request.
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