Common use of Estoppel Statement Clause in Contracts

Estoppel Statement. After written request by Bank made not more than once in any calendar year, Borrower shall within fifteen (15) Business Days furnish Bank with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower (i) the amount of the original principal amount of the Note, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the Note, (iv) the date installments of interest were last paid, (v) any offsets or defenses to the payment of the Debt, if any, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (City Office REIT, Inc.)

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Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearXxxxxx, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to as of the knowledge date of Borrower such statement, (i) the amount of the original principal amount of the NoteOriginal Principal Indebtedness, (ii) the rate of interest on the NotePrincipal Indebtedness, (iii) the unpaid principal amount Interest Rate of the NoteLoan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the payment of the Debt, if any, claimed by Xxxxxxxx, and (vi) that the Note, this Agreement, the Mortgage Mortgages and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Lineage, Inc.), Loan Agreement (Lineage, Inc.)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the Note, (ii) the rate unpaid principal amount of interest on the Note, (iii) the unpaid principal amount Interest Rate of the Note, (iv) the date installments of interest and/or principal were last paid, (v) to Borrower’s knowledge, any offsets or defenses to the payment of the Debt, if any, claimed by Borrower, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Procaccianti Hotel Reit, Inc.), Loan Agreement (Procaccianti Hotel Reit, Inc.)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen (15) Business Days furnish Bank Lender or any proposed assignee of the Loan with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the Note, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the Note, (iv) the date installments of interest and/or principal were last paid, (v) the Maturity Date, (vi) any offsets or defenses to the payment of the Debt, if any, and (vivii) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen (15) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the Note, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the Note, (iv) the date installments of interest and/or principal were last paid, (v) the Maturity Date, (vi) any offsets or defenses to the payment of the Debt, if any, and (vivii) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Consolidated Tomoka Land Co), Loan Agreement (Sun Communities Inc)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the NoteLoan, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the NoteLoan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or or, to the best of Borrower’s knowledge, defenses to the payment of the Debt, if any, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (FelCor Lodging Trust Inc), Loan Agreement (FelCor Lodging Trust Inc)

Estoppel Statement. (a) After written request by Bank made not Lender, but no more than once two (2) times in any calendar yeartwelve (12) month period, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the Note, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the Note, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the payment of the Debt, if any, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (CNL Income Properties Inc), Loan Agreement (CNL Income Properties Inc)

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Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the Note, (ii) the rate of interest on the Note, (iii) the unpaid principal amount of the Note, (iv) the date installments of interest and/or principal were last paid, (v) the Maturity Date, (vi) any known offsets or defenses to the payment of the Debt, if any, and (vivii) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the Borrower’s knowledge of Borrower (i) the amount of the original principal amount of the Note, (ii) the rate unpaid principal amount of interest on the Note, (iii) the unpaid principal amount Applicable Interest Rate of the Note, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the payment of the Debt, if any, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

Estoppel Statement. After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days furnish Bank Lender or any proposed assignee of the Loan with a statement, duly acknowledged and certified, setting forth, to the knowledge of Borrower forth (i) the amount of the original principal amount of the NoteLoan, (ii) the rate of interest on the NoteLoan, (iii) the unpaid principal amount of the NoteLoan, (iv) the date installments of interest and/or principal were last paid, (v) any the Maturity Date, (vi) offsets or defenses to the payment of the Debt, if any, and (vivii) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Independence Realty Trust, Inc)

Estoppel Statement. (a) After written request by Bank made not more than once in any calendar yearLender, Borrower shall within fifteen ten (1510) Business Days days furnish Bank Lender with a statement, duly acknowledged and certified, setting forth, to the Borrower's knowledge of Borrower (i) the amount of the original principal amount of the Note, (ii) the rate unpaid principal amount of interest on the Note, (iii) the unpaid principal amount Applicable Interest Rate of the Note, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the payment of the Debt, if any, and (vi) that the Note, this Agreement, the Mortgage and the other Loan Documents are valid, legal and binding obligations and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Koger Equity Inc)

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