Common use of Landlord Estoppel Clause in Contracts

Landlord Estoppel. Landlord shall, from time to time, within fifteen (15) business days following written request from Tenant, execute, acknowledge and deliver to Tenant an estoppel certificate, (a) 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) and the dates to which the rental and other charges are paid in advance, if any, (b) acknowledging that to Landlord’s actual knowledge there are not any uncured defaults on the part of Tenant or Landlord hereunder, or specifying such defaults if any are claimed, and (c) setting forth such further factual information with respect to the status of this Lease or the Premises as may reasonably be requested thereon. Any such certificate may be relied upon by, and shall upon Txxxxx’s request be addressed to, any parties reasonably requested by Txxxxx. If Landlord fails to execute, acknowledge and deliver any such estoppel certificate within such fifteen (15) business day period, Tenant may deliver an Estoppel Reminder Notice to Landlord stating that Landlord has failed to deliver such estoppel certificate within the required time period. Failure of Landlord to execute, acknowledge and deliver an estoppel certificate to Tenant within five (5) business days after delivery of an Estoppel Reminder Notice, shall, at Tenant’s option, constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periods.

Landlord Estoppel. Landlord shallhereby agrees to provide to Tenant an estoppel certificate signed by Landlord, from time to containing the same types of information, and within the same periods of time, within fifteen (15) business days following written request from as set forth above, with such changes as are reasonably necessary to reflect that the estoppel certificate is being granted and signed by Landlord to Tenant, rather than from Tenant to Landlord or a lender, and shall also contain any other factual information reasonably requested by Tenant. If Landlord fails to timely execute, acknowledge and deliver such estoppel certificate (or provide written comments to any proposed certificate delivered by Tenant), Tenant an estoppel certificate, (a) 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) and the dates may provide to which the rental and other charges are paid in advance, if any, (b) acknowledging that to Landlord’s actual knowledge there are not any uncured defaults on the part of Tenant or Landlord hereunder, or specifying such defaults if any are claimed, and (c) setting forth such further factual information a second written request with respect to such estoppel certificate which written notice must state in bold and all caps “FAILURE TO RESPOND TO THIS WRITTEN NOTICE WITHIN FIVE (5) BUSINESS DAYS AFTER RECEIPT HEREOF SHALL CONSTITUTE ACCEPTANCE OF AN ESTOPPEL CERTIFICATE”. If Landlord fails to execute and deliver such certificate (or provide written comments to any proposed certificate delivered by Tenant) within a five (5) business day period following the status receipt of this Lease or Landlord’s second written request therefor, such failure shall constitute an acknowledgment by Landlord that statements included in the Premises as may reasonably be requested thereonestoppel certificate are true and correct, without exception. Any such certificate may be relied upon byby any prospective assignee, and shall upon Txxxxx’s request be addressed tolender, any parties reasonably requested by Txxxxxsubtenant or investor of Tenant. If Landlord fails provides written comments to any estoppel certificate received from Tenant, then Landlord shall have five (5) business days following receipt of a revised estoppel certificate to execute, acknowledge and deliver to Tenant such revised estoppel certificate (or provide written comments to any such revised estoppel certificate within such fifteen (15delivered by Tenant) business day period, Tenant may deliver an Estoppel Reminder Notice and the same process described above shall apply with respect to Landlord stating that Landlord has failed Landlord’s failure to deliver such estoppel certificate within the required time period. Failure of Landlord to timely execute, acknowledge and deliver an such revised estoppel certificate (or provide written comments to Tenant within five (5) business days after delivery of an Estoppel Reminder Notice, shall, at any proposed certificate delivered by Tenant’s option, constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periods).

Landlord Estoppel. Landlord shallhereby agrees to provide to Tenant an estoppel certificate signed by Landlord, from time to containing the same types of information, and within the same periods of time, within fifteen (15) business days following written request from as set forth above, with such changes as are reasonably necessary to reflect that the estoppel certificate is being granted and signed by Landlord to Tenant, rather than from Tenant to Landlord or a lender, and shall also contain any other factual information reasonably requested by Tenant. If Landlord fails to timely execute, acknowledge and deliver such estoppel certificate (or provide written comments to any proposed certificate delivered by Tenant), Tenant an estoppel certificate, (a) 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) and the dates may provide to which the rental and other charges are paid in advance, if any, (b) acknowledging that to Landlord’s actual knowledge there are not any uncured defaults on the part of Tenant or Landlord hereunder, or specifying such defaults if any are claimed, and (c) setting forth such further factual information a second written request with respect to such estoppel certificate which written notice must state in bold and all caps “FAILURE TO RESPOND TO THIS WRITTEN NOTICE WITHIN FIVE (5) BUSINESS DAYS AFTER DELIVERY HEREOF IN ACCORDANCE WITH THE LEASE SHALL CONSTITUTE ACCEPTANCE OF AN ESTOPPEL CERTIFICATE”. If Landlord fails to execute and deliver such certificate (or provide written comments to any proposed certificate delivered by Tenant) within a five (5) business day period following the status receipt of this Lease or Tenant’s second written request therefor, such failure shall constitute an acknowledgment by Landlord that statements included in the Premises as may reasonably be requested thereonestoppel certificate are true and correct, without exception. Any such certificate may be relied upon byby any prospective assignee, and shall upon Txxxxx’s request be addressed tolender, any parties reasonably requested by Txxxxxsubtenant or investor of Tenant. If Landlord fails provides written comments to any estoppel certificate received from Tenant, then Landlord shall have five (5) business days following receipt of a revised estoppel certificate to execute, acknowledge and deliver to Tenant such revised estoppel certificate (or provide written comments to any such revised estoppel certificate within such fifteen (15delivered by Tenant) business day period, Tenant may deliver an Estoppel Reminder Notice and the same process described above shall apply with respect to Landlord stating that Landlord has failed Landlord’s failure to deliver such estoppel certificate within the required time period. Failure of Landlord to timely execute, acknowledge and deliver an such revised estoppel certificate (or provide written comments to Tenant within five (5) business days after delivery of an Estoppel Reminder Notice, shall, at any proposed certificate delivered by Tenant’s option, constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periods).

Landlord Estoppel. Landlord shall, from time to time, within fifteen ten (1510) business days following after receipt of a written request from Tenant, execute, acknowledge execute and deliver to Tenant an estoppel certificate, a statement certifying: (a) certifying the date of commencement and expiration of this Lease; (b) the fact that this Lease is unmodified and in full force and effect (or, if modifiedthere have been modifications to this Lease, stating the nature of such modification and certifying that this Lease as so modified is in full force and effect, as modified and stating the date and general title of any such modification documents,); (c) and the dates date to which the rental rent and other charges are paid in advancesums payable under this Lease have been paid; (d) the fact that, if any, (b) acknowledging that to Landlord’s actual knowledge knowledge, there are not any uncured no current defaults on the part of under this Lease by either Landlord or Tenant or Landlord hereunder, or specifying such defaults if any are claimed, except as specified in Landlord’s statement; and (ce) setting forth such further other factual information with respect to the status of this Lease or the Premises matters as may be reasonably be requested thereonby Tenant. Any Landlord may correct any factual errors or misstatements in such certificate executed estoppel certificate. Landlord agrees that any statement delivered pursuant to this Section 17.2 may be relied upon byby any assignee, and shall upon Txxxxx’s request be addressed tolender, any parties reasonably requested by Txxxxxsubtenant or investor of Tenant. If Landlord irrevocably agrees that if Landlord fails to execute, acknowledge execute and deliver any such estoppel certificate within such fifteen ten (1510) business day period, Tenant may deliver an Estoppel Reminder Notice provide to Landlord stating that Landlord has failed a second written request with respect to deliver such estoppel certificate within the required time periodwhich written notice must state in bold and all caps “FAILURE TO RESPOND TO THIS WRITTEN NOTICE WITHIN FIVE (5) BUSINESS DAYS AFTER RECEIPT HEREOF SHALL CONSTITUTE AN EVENT OF DEFAULT”. Failure of If Landlord fails to execute, acknowledge execute and deliver an estoppel such certificate (or provide written comments to Tenant any proposed certificate delivered by Tenant) within a five (5) business days after delivery day period following the receipt of an Estoppel Reminder Notice, shall, at Tenant’s option, constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periodssecond written request therefor.

Landlord Estoppel. Landlord shall, from time to time, within fifteen ten (1510) business days following written request from Tenant, execute, acknowledge and deliver to Tenant or to Tenant’s lender in connection with a Landlord Lien Waiver (as defined in Section 34.30 below) an estoppel certificate, certificate (a) 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) and the dates to which the rental and other charges are paid in advance, if any, (b) acknowledging that to Landlord’s actual knowledge without duty of investigation there are not any uncured defaults on the part of Tenant or Landlord hereunder, or specifying such defaults if any are claimed, and (c) setting forth such further factual information with respect to the status of this Lease or the Premises as may reasonably be requested thereon. Any such certificate may be relied upon by, and shall upon TxxxxxTenant’s request be addressed to, any parties reasonably requested by TxxxxxTenant. If Landlord fails to execute, acknowledge and deliver any such estoppel certificate within such fifteen ten (1510) business day period, Tenant may deliver an Estoppel Reminder Notice to Landlord stating that Landlord has failed to deliver such estoppel certificate within the required time period. Failure of Landlord to execute, acknowledge and deliver an estoppel certificate to Tenant within five (5) business days after delivery of an Estoppel Reminder Notice, shall, at Tenant’s option, shall constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periodscorrect.

Landlord Estoppel. Landlord shallhereby agrees to provide to Tenant an estoppel certificate signed by Landlord, from time to containing the same types of information, and within the same periods of time, within fifteen (15) business days following written request from as set forth above, with such changes as are reasonably necessary to reflect that the estoppel certificate is being granted and signed by Landlord to Tenant, rather than from Tenant to Landlord or a lender, and shall also contain any other factual information reasonably requested by Tenant. If Landlord fails to timely execute, acknowledge and deliver such estoppel certificate (or provide written comments to any proposed certificate delivered by Tenant), Tenant an estoppel certificate, (a) 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) and the dates may provide to which the rental and other charges are paid in advance, if any, (b) acknowledging that to Landlord’s actual knowledge there are not any uncured defaults on the part of Tenant or Landlord hereunder, or specifying such defaults if any are claimed, and (c) setting forth such further factual information a second written request with respect to such estoppel certificate which written notice must state in bold and all caps "FAILURE TO RESPOND TO THIS WRITTEN NOTICE WITHIN FIVE (5) BUSINESS DAYS AFTER RECEIPT HEREOF SHALL CONSTITUTE ACCEPTANCE OF AN ESTOPPEL CERTIFICATE". If Landlord fails to execute and deliver such certificate (or provide written comments to any proposed certificate delivered by Tenant) within a five (5) business day period following the status receipt of this Lease or Landlord's second written request therefor, such failure shall constitute an acknowledgment by Landlord that statements included in the Premises as may reasonably be requested thereonestoppel certificate are true and correct, without exception. Any such certificate may be relied upon byby any prospective assignee, and shall upon Txxxxx’s request be addressed tolender, any parties reasonably requested by Txxxxxsubtenant or investor of Tenant. If Landlord fails provides written comments to any estoppel certificate received from Tenant, then Landlord shall have five (5) business days following receipt of a revised estoppel certificate to execute, acknowledge and deliver to Tenant such revised estoppel certificate (or provide written comments to any such revised estoppel certificate within such fifteen (15delivered by Tenant) business day period, Tenant may deliver an Estoppel Reminder Notice and the same process described above shall apply with respect to Landlord stating that Landlord has failed Landlord's failure to deliver such estoppel certificate within the required time period. Failure of Landlord to timely execute, acknowledge and deliver an such revised estoppel certificate (or provide written comments to Tenant within five (5) business days after delivery of an Estoppel Reminder Notice, shall, at any proposed certificate delivered by Tenant’s option, constitute (i) an acknowledgment by Landlord that statements included in good faith by Tenant in the estoppel certificate are true and correct and (ii) a default by Landlord under this Lease without any additional cure periods).