Common use of Landlord to Provide Clause in Contracts

Landlord to Provide. Landlord agrees upon not less than twenty ------------------- (20) days' prior notice by Developer, to execute, acknowledge and deliver to Developer a statement in writing certifying (i) that this Lease is unmodified and in full force and effect (or if there have been modifications, that the same is in full force and effect as modified and stating the modifications); (ii) the dates to which the Ground Rent and other charges have been paid; (iii) stating whether or not to the best knowledge of Landlord, Developer is in default in performance of any covenant, agreement or condition contained in this Lease and, if so, specifying each such default of which Landlord may have knowledge; and (iv) whether or not there are to Landlord's best knowledge any offsets or defenses claimed by and/or available to Developer to the payment or rental, it being intended that any such statement delivered pursuant to this subsection may be relied upon by any prospective assignee or subtenant of the whole or any portion of the Premises, or by any lender extending credit on the security of Developer's Leasehold Estate.

Appears in 2 contracts

Samples: Lease Agreement (Kilroy Realty Corp), Lease Agreement (Kilroy Realty Corp)

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Landlord to Provide. Landlord agrees upon not less than ------------------- twenty ------------------- (20) days' prior notice by Developer, to execute, acknowledge and deliver to Developer a statement in writing certifying (i) that this Lease is unmodified and in full force and effect (or if there have been modifications, that the same is in full force and effect as modified and stating the modifications); (ii) the dates to which the Ground Rent and other charges have been paid; (iii) stating whether or not to the best knowledge of Landlord, Developer is in default in performance of any covenant, agreement or condition contained in this Lease and, if so, specifying each such default of which Landlord may have knowledge; and (iv) whether or not there are to Landlord's best knowledge any offsets or defenses claimed by and/or available to Developer to the payment or rental, it being intended that any such statement delivered pursuant to this subsection may be relied upon by any prospective assignee or subtenant of the whole or any portion of the Premises, or by any lender extending credit on the security of Developer's Leasehold Estate.

Appears in 2 contracts

Samples: Lease Agreement (Kilroy Realty Corp), Lease Agreement (Kilroy Realty Corp)

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