Common use of LESSEE'S ESTOPPEL Clause in Contracts

LESSEE'S ESTOPPEL. Lessee shall, from time to time, on not less than ten (10) days prior written request by Lessor, execute, acknowledge and deliver to Lessor a written statement, substantially in the form of Exhibit F attached hereto, certifying that the Lease is unmodified and in full force and effect, or that the Lease is in full force and effect as modified and listing the instruments of modification; the dates to which the rents and charges have been paid; and, to the best of Lessee's knowledge, whether or not Lessor is in default hereunder, and if so, specifying the nature of the default. It is intended that any such statement delivered by Lessee pursuant to this Article 24 may be relied on by a prospective purchaser of Lessor's interest or mortgagee of Lessor's interest or assignee of any mortgage of Lessor's interest. Lessor shall, from time to time, on not less than ten (10) days prior written request by Lessee, execute, acknowledge and deliver to Lessee a written statement reasonably acceptable to Lessee, certifying that the Lease is unmodified and in full force and effect, or that the Lease is in full force and effect as modified and listing the instruments of modifications; the dates to which the rents and charges have been paid; and whether or not Lessee is in default hereunder, and if so, specifying the nature of the default. It is intended that any such statement delivered by Lessor pursuant to this Article24 may be relied on by the person to whom Lessee requests that such statement be addressed.

Appears in 1 contract

Sources: Lease (Medicines Co /De)

LESSEE'S ESTOPPEL. (A) Lessee shall, from time to time, on not less than ten within fourteen (1014) days prior of Lessor's written request by Lessorrequest, execute, acknowledge acknowledge, and deliver to Lessor a written statement, substantially in the form of Exhibit F attached hereto, statement certifying that the Lease is unmodified and in full force and effect, or that the Lease is in full force and effect as modified and listing the instruments of modification; the dates to which the rents Monthly Basic Rent and Additional Rent and charges have been paid; and, to the best of Lessee's knowledge, whether or not Lessor is in default hereunder, and if so, specifying the nature of the defaultdefault and any such other reasonable information as Lessor may request. It is intended that any such statement delivered by Lessee pursuant to this Article 24 Section may be relied on by a prospective purchaser of Lessor's interest or mortgagee of Lessor's interest or assignee of any mortgage of Lessor's interest. Lessor shall, from . (B) Lessee's failure to deliver such statement within such time to time, on not less than ten shall be conclusive upon Lessee that: (10i) days prior written request by Lessee, execute, acknowledge and deliver to Lessee a written statement reasonably acceptable to Lessee, certifying that the Lease is unmodified and in full force and effect, or that the this Lease is in full force and effect and not modified except as modified and listing Lessor may represent; (ii) not more than one month's Monthly Basic Rent payment has been paid in advance; (iii) there are no such defaults; and, (iv) notices to Lessee shall be sent to Lessee's mailing address as set forth in this Lease. Notwithstanding the instruments presumptions of modifications; the dates this Section, Lessee shall not be relieved of its obligation to which the rents and charges have been paid; and whether or not Lessee is in default hereunder, and if so, specifying the nature of the default. It is intended that any such statement delivered by Lessor pursuant to this Article24 may be relied on by the person to whom Lessee requests that such statement be addresseddeliver said statement.

Appears in 1 contract

Sources: Lease (Robocom Systems Inc)

LESSEE'S ESTOPPEL. (A) Lessee shall, from time to time, on not less than within ten (10) days prior of Lessor's written request by Lessorrequest, execute, acknowledge and deliver to Lessor a written statement, substantially in the form of Exhibit F attached hereto, statement certifying that the Lease is unmodified and in full force and effect, or that the Lease is in full force and effect as modified and listing the instruments of modification; the dates to which the rents Monthly Fixed Basic Rent and Additional Rent and charges have been paid; and, to the best of Lessee's knowledge, whether or not Lessor is in default hereunder, and if so, specifying the nature of the default; and any other information which Lessor shall reasonably request. It is intended that any such statement delivered by Lessee pursuant to this Article 24 Section 26 may be relied on by a prospective purchaser of Lessor's interest or mortgagee of Lessor's interest or assignee of any mortgage of Lessor's interest. . (B) Lessee's failure to deliver such statement within five (5) business days following notice from Lessor shall, from time of Lessee's failure to time, on not less than ten do so pursuant to Subsection 26(A) shall be conclusive upon Lessee that: (10i) days prior written request by Lessee, execute, acknowledge and deliver to Lessee a written statement reasonably acceptable to Lessee, certifying that the Lease is unmodified and in full force and effect, or that the this Lease is in full force and effect and not modified except as modified and listing the instruments Lessor may represent; (ii) not more than one (1) installment of modificationsMonthly Fixed Basic Rent has been paid in advance; the dates to which the rents and charges have been paid(iii) there are no such defaults; and whether or (iv) notices to Lessee shall be sent to Lessee's mailing address as set forth in this Lease. Notwithstanding the presumptions of this Section, Lessee shall not Lessee is in default hereunder, and if so, specifying the nature be relieved of the default. It is intended that any such statement delivered by Lessor pursuant its obligation to this Article24 may be relied on by the person to whom Lessee requests that such statement be addresseddeliver said statement.

Appears in 1 contract

Sources: Lease Agreement (Goamerica Inc)

LESSEE'S ESTOPPEL. (A) Lessee shall, from time to time, on not less than within ten (10) days prior of Lessor's written request by Lessorrequest, execute, acknowledge and deliver to Lessor a written statement, substantially in the form of Exhibit F attached hereto, statement certifying that the Lease is unmodified and in full force and effect, or that the Lease is in full fall force and effect as modified and listing the instruments of modification; the dates to which the rents Term Basic Rent and Additional Rent and charges have been paid; and, to the best of Lessee's knowledge, whether or not Lessor is in default hereunder, and and, if so, specifying the nature of the default; and any other information which Lessor shall reasonably request. It is intended that any such statement delivered by Lessee pursuant to this Article 24 Section 25 may be relied on by a prospective purchaser of Lessor's interest or mortgagee of Lessor's interest or assignee of any mortgage of Lessor's interest. Lessor shall, from . (B) Lessee's failure to deliver such statement within such time to time, on not less than ten shall be conclusive upon Lessee that: (10i) days prior written request by Lessee, execute, acknowledge and deliver to Lessee a written statement reasonably acceptable to Lessee, certifying that the Lease is unmodified and in full force and effect, or that the this Lease is in full force and effect and not modified except as modified and listing Lessor may represent; (ii) not more than one (1) payment of Monthly Basic Rent has been paid in advance; (iii) there are no such defaults; and, (iv) notices to Lessee shall be sent to Lessee's mailing address as set forth in this Lease. Notwithstanding the instruments presumptions of modifications; the dates this Section, Lessee shall not be relieved of its obligation to which the rents and charges have been paid; and whether or not Lessee is in default hereunder, and if so, specifying the nature of the default. It is intended that any such statement delivered by Lessor pursuant to this Article24 may be relied on by the person to whom Lessee requests that such statement be addresseddeliver said statement.

Appears in 1 contract

Sources: Lease Agreement (Long Beach Holdings Corp)