Common use of Landlord Estoppel Clause in Contracts

Landlord Estoppel. The Company, Representative, and/or Sellers shall have shall have obtained and delivered to Purchaser a landlord estoppel certificate executed by the landlord or sublandlord (as applicable) under the Leases (the “Landlord Estoppels”) (together with a consent of such landlords or sublandlord, as applicable, to the transactions contemplated by this Agreement) in connection with the Leases. The Landlord Estoppel shall confirm the status of the particular Lease, including that the particular Lease is unmodified and in full force and effect (or, if there have been modifications, that the Lease is in full force and effect as modified and identifying the modification agreements); whether or not there is any existing or alleged default by either party with respect to which a notice of default has been served, or any facts exist which, with the passing of time or giving of notice, would constitute a default and, if there is any such default or facts, specifying the nature and extent thereof; the amount of base rent, additional rent, and or other payments are being paid and the dates to which same have been paid; and the amount of the any tenant improvement allowance (if any) disbursed under the Lease, any amounts scheduled to be disbursed, and the remaining amount of any tenant improvement allowance that remains available to the tenant under the particular Lease.

Landlord Estoppel. The Company, Representative, and/or Sellers shall have shall have obtained and delivered to Purchaser a landlord estoppel certificate executed by the landlord or sublandlord (as applicable) under the Leases Lease (the “Landlord EstoppelsEstoppel”) (together with a consent of such landlords or sublandlord, as applicable, landlord to the transactions contemplated by this Agreement) in connection with the LeasesLease. The Landlord Estoppel shall confirm the status of the particular Lease, including that the particular Lease is unmodified and in full force and effect (or, if there have been modifications, that the Lease is in full force and effect as modified and identifying the modification agreements); whether or not there is any existing or alleged default by either party with respect to which a notice of default has been served, or any facts exist which, with the passing of time or giving of notice, would constitute a default and, if there is any such default or facts, specifying the nature and extent thereof; the amount of base rentBase Rent, additional rentAdditional Rent, and or other payments TIA Rent (as such terms are defined in the Lease) being paid and the dates to which same have been paid; confirming that the landlord (or its affiliate) has acquired title to the Adjacent Parcel (as defined in the Lease); and the amount of the any tenant improvement allowance Tenant Improvement Allowance (if anyas defined in the Lease) disbursed under the Lease, any amounts scheduled to be disbursed, and the remaining amount of any tenant improvement allowance the Tenant Improvement Allowance that remains available to the tenant under the particular Lease.