Common use of Financial Condition of Tenant Clause in Contracts

Financial Condition of Tenant. Tenant acknowledges that the financial capability of Tenant to perform its obligations hereunder is material to Landlord and that Landlord would not enter into this Lease but for its belief, based on its review of Tenant's financial statements, that Tenant is capable of performing such financial obligations. Tenant hereby represents, warrants and certifies to Landlord that its financial statements are true and correct in all material respects.

Appears in 4 contracts

Samples: Office Lease Agreement (Objectspace Inc), Office Lease Agreement (Objectspace Inc), Office Lease Agreement (Objectspace Inc)

AutoNDA by SimpleDocs

Financial Condition of Tenant. Tenant acknowledges that the financial capability of Tenant to perform its obligations hereunder is material to Landlord and that Landlord would not enter into this Lease but for its Its belief, based on its review of Tenant's financial statements, that Tenant is capable of performing such financial obligations. Tenant hereby represents, warrants and certifies to Landlord that its financial statements are true and correct in all material respects.

Appears in 1 contract

Samples: Industrial Service Center Lease Agreement Net (Cavion Technologies Inc)

AutoNDA by SimpleDocs

Financial Condition of Tenant. Tenant acknowledges that the ----------------------------- financial capability of Tenant to perform its obligations hereunder is material to Landlord and that Landlord would not enter into this Lease but for its belief, based on its review of Tenant's financial statements, that Tenant is capable of performing such financial obligations. Tenant hereby represents, warrants and certifies to Landlord that its financial statements are true and correct in all material respects.

Appears in 1 contract

Samples: Office Lease Agreement (Netsolve Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!