Common use of Estoppel Statement Clause in Contracts

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 3 contracts

Samples: Loan Agreement (Assisted 4 Living, Inc.), Loan Agreement (Global Medical REIT Inc.), Loan Agreement (Global Medical REIT Inc.)

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Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 3 contracts

Samples: Loan Agreement (Caesars Acquisition Co), Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Bh Re LLC)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the amount of the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Applicable Interest Rate of the LoanNote, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the Obligations, if anyDebt, and (vi) that the Note, this Agreement, the Security Instruments and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 3 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (Summit Hotel Properties LLC)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification, and (v) that Borrower, SPE Party and Guarantor have complied and are continuing to comply with Section 4.1.35.

Appears in 3 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days Business Days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (ia) the original principal amount of the LoanNote, (iib) the Outstanding Principal Balanceunpaid principal amount of the Note, (iiic) the Interest Rate of the LoanNote, (ivd) the date installments of interest and/or principal were last paid, (ve) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vif) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.), Property Management Agreement (Sunstone Hotel Investors, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower Borrowers shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgages and the other Loan Documents are valid, legal and binding obligations of each Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

Estoppel Statement. (a) After request by Borrower shall deliver to Lender, Borrower shall within ten (10) days furnish Lender with Business Days after Lender’s written request, a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Interest Rate interest rate of the Loan, (iv) the date installments of principal and/or interest and/or principal were last paid, (v) any offsets or defenses to the payment and performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or (or, if modified, giving particulars of such modification).

Appears in 2 contracts

Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Cole Credit Property Trust Inc), Mezzanine Loan Agreement (Cole Credit Property Trust III, Inc.)

Estoppel Statement. (a) After request by LenderXxxxxx, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the amount of the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Interest Rate of the LoanRate, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the Obligations, if anyDebt, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (reAlpha Tech Corp.)

Estoppel Statement. (a1) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Interest Rate of the LoanNote, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the amount of the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Interest Note Rate of the LoanNote, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the Obligations, if anyDebt, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Eldorado Resorts, Inc.)

Estoppel Statement. (a) After request by LenderLxxxxx, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Promissory Note and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Promissory Note (FX Real Estate & Entertainment Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall shall, within ten (10) days days, furnish Lender with a statement, duly acknowledged and certified, an Officer's Certificate setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modificationmodification and (vii) such other factual matters that are reasonably requested by Lender.

Appears in 1 contract

Samples: Loan Agreement (Hcp, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification, and (vii) that Borrower, Principal and Guarantor have complied and are continuing to comply with Section 4.1.35 hereof.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Estoppel Statement. (a) After request by LenderLender from time to time, but no more frequently than twice in any 12 month period, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (viv) any offsets or defenses to the performance of the Obligations, if any, and (viv) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

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Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting 41 forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Cousins Properties Inc)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statementstatement addressed to Lender, its successors and assigns, duly acknowledged and certified, setting forth (i) the original principal amount of the Loanunpaid Principal, (ii) the Outstanding Principal BalanceInterest Rate, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal Principal were last paid, (viv) any offsets or defenses to the performance payment of the ObligationsDebt, if any, (v) that no Default or Event of Default exists under the Loan Documents and (vi) that the Note, this Agreement, the Security Instruments and the other Loan Documents are valid, legal and binding obligations of the Borrower and have not been modified by the Borrower or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Gladstone Commercial Corp)

Estoppel Statement. (a) After request by LenderLender from time to time, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Eagle Hospitality Properties Trust, Inc.)

Estoppel Statement. (ai) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (iA) the original unpaid principal amount of the Note and the Property Loan, (ii) the Outstanding Principal Balance, (iiiB) the Interest Rate of the LoanNote, (ivC) the date installments of interest and/or principal were last paidpaid on the Note and Property Loan, (vD) any offsets or defenses to the performance payment of the ObligationsDebt, if any, any and (viE) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Estoppel Statement. (a) After Upon the request by of Lender, the Borrower shall Parties shall, within ten (10) days furnish thereafter, provide to Lender with a statement, duly acknowledged and certified, setting forth forth: (ia) the original principal amount of the Loan, ; (iib) the Outstanding Principal Balance, unpaid principal balance of the Loan; (iiic) the Interest Rate of the Loan, Rate; (ivd) the date installments of interest and/or principal were last paid, paid on the Loan; (ve) any offsets or defenses to the performance payment of the ObligationsDebt, if any, ; and (vif) that the Note, this Agreement, the Security Instruments Note and the other Loan Documents are constitute the valid, legal and legally binding obligations of Borrower thereof and have not been modified or if modified, giving the particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Rafael Holdings, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall shall, within ten (10) days days, furnish Lender with a statement, duly acknowledged and certified, an Officer’s Certificate setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Applicable Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modificationmodification and (vii) such other factual matters that are reasonably requested by Lender.

Appears in 1 contract

Samples: Loan Agreement (Hcp, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the amount of the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Interest Note Rate of the LoanNote, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the Obligations, if anyDebt, and (vi) that the Note, this Agreement, the Security Instruments Pledge Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (CNL Healthcare Trust, Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the LoanNote, (ii) the Outstanding Principal Balanceunpaid principal amount of the Note, (iii) the Interest Rate of the LoanNote, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Agreement and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Manufactured Housing Properties Inc.)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statementan officer’s certificate, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balance, (iii) the then current Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance of the Obligations, if any, and (vi) that the Note, this Agreement, the Security Instruments Instrument and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (First Capital Real Estate Trust Inc)

Estoppel Statement. (a) After request by Lender, Borrower shall within ten (10) days furnish Lender with a statement, duly acknowledged and certified, setting forth (i) the original principal amount of the Loan, (ii) the Outstanding Principal Balanceunpaid principal amount of the Loan, (iii) the Interest Rate of the Loan, (iv) the date installments of interest and/or principal were last paid, (v) any offsets or defenses to the performance payment of the ObligationsDebt, if any, and (vi) that the Note, this Agreement, the Security Instruments Mortgage and the other Loan Documents are valid, legal and binding obligations of Borrower and have not been modified or if modified, giving particulars of such modification.

Appears in 1 contract

Samples: Loan Agreement (Medical Billing Assistance, Inc.)

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