Estoppel Letter. A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor’s name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.
Estoppel Letter. Upon the request of the Applicant or one of its lenders, the City hereby agrees to furnish a letter stating whether (i) this Agreement is in full force and effect, (ii) there are any defaults under this Agreement and, if any, identify them, and (iii) all amounts due and payable hereunder have been paid in full, and, if not, the outstanding balances hereunder. Such letter shall be furnished within ten (10) days after request therefore.
Estoppel Letter. Tenant shall at any time, upon not less than ten (10) days’ prior written request from Landlord, its successors or assigns, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, and any mortgagee or beneficiary under a deed to secure debt affecting the Leased Premises, an estoppel letter certifying:
(a) The date upon which the Lease Term commences and expires;
(b) The date to which rent has been paid;
(c) That Tenant has accepted the Leased Premises and that all improvements have been satisfactorily completed (or if not so accepted or completed, the matters objected to by Tenant);
(d) That the Lease is in full force and effect and has not been modified or amended (or if modified or amended, a description of same);
(e) That there are no defaults by Tenant under the Lease or any existing condition with respect to which the giving of notice or lapse of time would constitute a default;
(f) That Tenant has not received any concession;
(g) That Tenant has received no notice from any insurance company of any defects or inadequacies in the Leased Premises;
(h) That Tenant has no options or rights other than as set forth in this Lease or any amendment thereto described in such letter; and
(i) Such other matters as may be necessary or appropriate to qualify Tenant’s response to any of the foregoing statements or which Landlord may reasonably request. If such letter is to be delivered to a purchaser of the Building, it shall further include the agreement of Tenant to recognize such purchaser as Landlord under this Lease, and thereafter to pay rent to the purchaser or its designee in accordance with the terms of this Lease, Tenant acknowledges that any purchaser or prospective mortgagee of the Building may rely upon such estopple letter and that Landlord may incur substantial damages by reason of any failure on the part of Tenant to provide such letter in a timely manner.
Estoppel Letter. Tenant shall at any time and from time to time within ten (10) days following request from Landlord execute, acknowledge and deliver to Landlord a statement in writing and signed by Tenant, (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease as so modified is in full force and effect), (ii) acknowledging that there are not, to Tenant's knowledge, any uncured defaults on the part of Landlord hereunder, or specifying such defaults if any are claimed, (iii) certifying the date that Tenant entered into occupancy of the Premises and that Tenant is open for business in the Premises, (iv) certifying the amount of the Fixed Rent and the date to which Rent is paid in advance, if any, (v) evidencing the status of this Lease as may be required either by a lender making a loan affecting, or a purchaser of, the Premises or the Building of any interest of Landlord therein, (vi) certify the amount of the Security Deposit, if any, (vii) certifying that all building standard improvements to be constructed in the Premises by Landlord, if any, are substantially completed except for punch list items which do not prevent Tenant from using the Premises for its intended use, and (viii) certifying such other matters relating to this Lease and/or the Premises as may be requested by either a lender making a loan to Landlord or a purchaser purchasing the Premises or the Building, or any interest of Landlord therein, from Landlord. Any such statement may be relied upon by any prospective purchaser or encumbrancer of all or any portion of the Building or any interest therein. Tenant shall, within ten (10) days following request of Landlord, deliver such other documents including Tenant's financial statements as are reasonably requested in connection with the sale of, or loan to be secured by, the Premises or Building or any interest therein. Tenant's failure to deliver said statement in the time required shall be conclusive upon Tenant that: (i) the Lease is in full force and effect, without modification except as may be represented by Landlord; (ii) there are no uncured defaults in Landlord's performance and Tenant has no right of offset, counterclaim or deduction against Rent under the Leases; and (iii) no more than one month's Fixed Rent has been paid in advance.
Estoppel Letter. Tenant and Landlord each agree that, within thirty (30) days after written request to provide to the other, at the cost and expense of the requesting party, or its mortgagee, beneficiary or purchaser, an estoppel letter certifying to the best of it's knowledge whether this Lease is in full force and effect, that this Lease has not been amended or modified except as noted in the letter, the amount of annual rent paid and the date to which rents have been paid.
Estoppel Letter. Upon the request of Grantee or one of its lenders, the CRA hereby agrees to furnish a letter stating whether (i) this Agreement is in full force and effect, (ii) there are any defaults under this Agreement and, if any, identify them, and (iii) all amounts due and payable hereunder have been paid in full, and, if not, the outstanding balances hereunder. Such letter shall be furnished within ten (10) days after request therefore.
Estoppel Letter. Upon thirty days written request by NAI at any time and from time to time prior to the Designated Sale Date, BNPLC shall provide a statement in writing certifying that the Operative Documents are unmodified and in full effect (or, if there have been modifications, that the Operative Documents are in full effect as modified, and setting forth such modifications), certifying the dates to which the rents payable by NAI under the Leases has been paid, stating whether BNPLC is aware of any default by NAI that may exist under the Leases and confirming BNPLC's agreements concerning landlord's liens and other matters set forth in subparagraph 3(C). It being intended that any such statement by BNPLC may be relied upon by anyone with whom NAI may intend to enter into an agreement for construction of the Improvements or other significant agreements concerning the Property.
Estoppel Letter. A written statement from Borrower setting forth the sums then owing under the Loan Documents according to Borrower’s books and records and any right of set-off, counterclaim or other defense that exists against such sums, and Borrower’s obligations under the Loan Documents.
Estoppel Letter. Tenant covenants and agrees to execute and deliver to Landlord within ten (10) days of written request from Landlord, estoppel letters setting forth: (i) the date of this Lease and any amendments thereto, the Commencement Date, and any rights or options to extend or renew this Lease or the term of the Lease or to purchase or of first refusal or offer with respect to the Premises or the Building, (ii) the date through which Rents have been paid hereunder, (iii) the amount of any security deposit held by Landlord, (iv) whether Tenant is in occupancy of the Premises and the improvements and space required to be furnished by Landlord with the Premises and the Building have been completed and paid for in all respects as required by this Lease, (v) whether the Lease is in full force and effect, (vi) whether Landlord or Tenant is in default under the Lease and whether there are defenses or offsets against the enforcement thereof, and setting forth such defaults, defenses or offsets claimed by Tenant, (vii) whether Tenant is subject to any bankruptcy, insolvency or similar proceedings in any federal, state or other court or jurisdiction, and (viii) any other information which Landlord or its mortgagee or prospective mortgagee or purchaser may reasonably require relating to the Lease, which may include Tenant financial statements.
Estoppel Letter. 7 (E) Limited Representations by BNPLC Concerning Accounting Matters................8 (F) Other Limited Representations by BNPLC........................................9 (1) No Default or Violation................................................9 (2)
