Common use of Estoppel Letter Clause in Contracts

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, upon not less than ten (10) days’ days prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, Landlord and any mortgagee or beneficiary under a deed to secure debt of trust affecting the Leased Premises, an estoppel letter certifying: (a) The date upon which Commencement Date and the Lease Term commences and expiresExpiration Date; (b) The date to which rent 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 this 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 Landlord under the this Lease or nor 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 of 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 of 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 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 estoppel 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. (a) Tenant shall at any timetime (but not more than two (2) times in any calendar year), upon not less than ten thirty (1030) days’ days prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, Landlord and any mortgagee or beneficiary under a deed to secure debt affecting the Leased PremisesMortgagee, an estoppel letter certifying: (a) i. The date dates upon which the Lease Term commences and expires;: (b) ii. The date to through which rent has been paid; (c) iii. That Tenant has accepted the Leased Premises and that all improvements have been satisfactorily completed (or if all improvements have not so accepted or been satisfactorily completed, the matters objected nature thereof in detail and what is necessary to by Tenantcomplete said improvements); (d) iv. That the this Lease is in full force and effect and has not been modified or amended (or if there have been modifications or amendments, that this Lease, as modified or and amended, a description of sameis in full force and effect and setting forth the modifications and amendments); (e) That v. That, to Tenant’s knowledge, there are no defaults by Tenant Landlord under the this Lease or nor any existing condition conditions with respect to which the giving of notice or lapse of time would constitute a defaultdefault (or, if there are defaults, the nature thereof in detail and what is required to cure same); (f) vi. That Tenant has not received any concession that is not expressly set forth in this Lease (or, if Tenant has received a concession, the nature thereof in detail and the amount thereof); (g) vii. That Tenant has received no notice from any insurance company of any defects or inadequacies in the Leased PremisesPremises or the Project (or, if Tenant has received a notice, a detailed description of such defects or inadequacies); (h) viii. That Tenant has no options or rights other than as expressly set forth in this Lease or any amendment thereto described in such letter; and (i) ix. Such other matters as may be necessary or appropriate to qualify Tenant’s response to any of the foregoing statements or which that Landlord may reasonably request. If such letter is to be delivered to a purchaser of the BuildingProject, 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 Project may rely upon such estopple estoppel 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. (b) Landlord agrees that, from time to time (but not more than two (2) times per calendar year) upon request by Tenant, Landlord will complete, execute and deliver a written estoppel certificate certifying (a) that this Lease is unmodified and is in full force and effect (or if there have been modifications, that this Lease, as modified, is in full force and effect and attaching the Lease and the modifications); (b) the amounts of the monthly installments of Base Rental, Additional Rent and other sums then required to be paid under this Lease by Tenant; (c) the date to which the Base Rent, Additional Rent and other sums required to be paid under this Lease by Tenant have been paid; (d) a representation that neither Landlord or Tenant is in default under any of the provisions of this Lease, or if in default, the nature thereof in detail and what is required to cure same; and (e) such other information concerning the status of this Lease or the parties performance hereunder reasonably requested by Landlord or the party to whom such estoppel certificate is to be addressed.

Estoppel Letter. Tenant 29.1 Lessee shall at any time, upon not less than ten (10) days’ ' prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory substantially similar to Landlordthe Estoppel Letter attached hereto as Exhibit O to Lessor, its successors and assignsany beneficiary --------- of a mortgage or proposed mortgage affecting the Leased Premises, and any mortgagee or beneficiary under a deed to secure debt affecting potential purchaser of the Leased Premises, an estoppel letter certifying: (a) The date upon which the Lease Term commences and expires; (b) The date to which rent Rent has been paid; (c) That Tenant Lessee 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 TenantLessee); (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 Lessor under the Lease or nor 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 Lessee has received no notice from any insurance company of any defects or inadequacies in the Leased Premises; (hg) That Tenant Lessee has no options or rights other than as set forth in this Lease or any amendment thereto described in such letter; and (ih) Such other matters as that may be necessary or appropriate to qualify Tenant’s Lessee's response to any of the foregoing statements agreements or which Landlord that Lessor may reasonably request. If such letter is to be delivered to a purchaser of the Building, it shall further include the agreement of Tenant Lessee to recognize such purchaser as Landlord Lessor under this Lease, and thereafter to pay rent Rent to the purchaser or its designee in accordance with the terms of this Lease, Tenant . Lessee acknowledges that any purchaser or prospective mortgagee of the Building may rely upon such estopple estoppel letter and that Landlord Lessor may incur substantial damages by reason of any failure on the part of Tenant Lessee to provide such letter in a timely manner. 29.2 Lessor shall at any time, upon not less than ten (10) days' prior written request, execute and deliver in form and substance satisfactory to Lessee, an estoppel letter certifying: (a) The date upon which the Lease Term commences and expires; (b) The date to which Rent has been received; (c) That Lessee 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 Lessee); (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 Lessee under the Lease nor any existing condition with respect to which the giving of notice or lapse of time would constitute a default; (f) That Lessor has received no notice from any insurance company of any defects or inadequacies in the Leased Premises; (g) That Lessor has no options or rights other than as set forth in this Lease or any amendment thereto described in such letter; and (h) Such other matters that may be necessary or appropriate to qualify Lessor's response to any of the foregoing agreements or that Lessee may reasonably request.

Estoppel Letter. Tenant shall at any time, upon not less than ten five (105) 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 of trust 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 had 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 Landlord under the Lease or nor 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) and 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 estoppel 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 Lessee shall at any time, upon not less than ten (10) days’ days prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, Lessor and any mortgagee or beneficiary under a deed to secure debt of trust 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 Lessee 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 TenantLessee); (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 Lessor under the Lease or nor any existing condition with respect to which the giving of notice or lapse of time would constitute a default; (f) That Tenant Lessee has not received any concession; (g) That Tenant Lessee has received no notice from any insurance company of any defects or inadequacies in the Leased Premises; (h) That Tenant Lessee 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 Lessee's response to any of the foregoing statements or of which Landlord Lessor may reasonably request. EASTPARK If such letter is to be delivered to a purchaser of the Building, it shall further include the agreement of Tenant Lessee to recognize such purchaser as Landlord Lessor under this Lease, and thereafter to pay rent to the purchaser or its designee in accordance with the terms of this Lease, Tenant . Lessee acknowledges that any purchaser or prospective mortgagee of the Building may rely upon such estopple estoppel letter and that Landlord Lessor may incur substantial damages by reason of any failure on the part of Tenant Lessee to provide such letter in a timely manner.

Estoppel Letter. Tenant Lessee shall at any time, upon not less than ten (10) days’ days prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, Lessor and any mortgagee or beneficiary under a deed to secure debt of trust 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 Lessee 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 TenantLessee); (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 Lessor under the Lease or nor any existing condition with respect to which the giving of notice or lapse of time would constitute a default; (f) That Tenant Lessee has not received any concession; (g) That Tenant Lessee has received no notice from any insurance company of any defects or inadequacies in the Leased Premises; (h) That Tenant Lessee 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 Lessee's response to any of the foregoing statements or of which Landlord Lessor may reasonably request. If if such letter is to be delivered to a purchaser of the Building, it shall further include the agreement of Tenant Lessee to recognize such purchaser as Landlord Lessor under this Lease, and thereafter to pay rent to the purchaser or its designee in accordance with the terms of this Lease, Tenant . Lessee acknowledges that any purchaser or prospective mortgagee of the Building may rely upon such estopple estoppel letter and that Landlord Lessor may incur substantial damages by reason of any failure on the part of Tenant Lessee to provide such letter in a timely manner.

Estoppel Letter. Tenant Lessee shall at any time, upon not less than ten (10) days’ days prior written request from Landlord, its successors or assignsrequest, execute and deliver in form and substance satisfactory to Landlord, its successors and assigns, Lessor and any mortgagee or beneficiary under a deed to secure debt of trust 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 Lessee 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 TenantLessee); (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 Lessor under the Lease or nor any existing condition with respect to which the giving of notice or lapse of time would constitute a default; (f) That Tenant Lessee has not received any concession; (g) That Tenant Lessee has received no notice from any insurance company of any defects or inadequacies in the Leased Premises; (h) That Tenant Lessee 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 Lessee's response to any of the foregoing statements or of which Landlord Lessor may reasonably request. If such letter is to be delivered to a purchaser of the Building, it shall further include the agreement of Tenant Lessee to recognize such purchaser as Landlord Lessor under this Lease, and thereafter to pay rent to the purchaser or its designee in accordance with the terms of this Lease, Tenant . Lessee acknowledges that any purchaser or prospective mortgagee of the Building may rely upon such estopple estoppel letter and that Landlord Lessor may incur substantial damages by reason of any failure on the part of Tenant Lessee to provide such letter in a timely manner.