Common use of Member Estoppel Certificates Clause in Contracts

Member Estoppel Certificates. Upon the written request of a Member, the other Member shall, within fifteen (15) calendar days of its receipt of such request, execute and deliver a written statement certifying: (A) that this Agreement is unmodified and in full force and effect (or, if modified, that this Agreement is in full force and effect as modified and stating any and all modifications), (B) to the actual knowledge of the certifying Member, that such Member is not in default hereunder, in each case except as specified in such statement, (C) that to the actual knowledge of the certifying Member, no event has occurred which with the passage of time or the giving of notice, or both, would ripen into a default hereunder, except as specified in such statement, and (D) as to the then current balances of the certifying Member’s accounts provided for herein. Such written statement may be relied upon by a Member’s prospective purchasers, investors or lenders.

Member Estoppel Certificates. Upon the written request ---------------------------- of a Member, the other Member shall, within fifteen (15) calendar days of its receipt of such request, execute and deliver a written statement certifying: (A) that this Agreement is unmodified and in full force and effect (or, if modified, that this Agreement is in full force and effect as modified and stating any and all modifications), (B) to the actual knowledge of the certifying Member, that such Member is not in default hereunder and, to its actual knowledge, the requesting Member is not in default hereunder, in each case except as specified in such statement, (C) that to the its actual knowledge of the certifying Memberknowledge, no event has occurred which with the passage of time or the giving of notice, or both, would ripen into a default hereunder, except as specified in such statement, statement and (D) as to the then current balances of the certifying Member’s its accounts provided for hereinunder ARTICLE III. Such written statement may be relied upon by a Member’s 's prospective ----------- purchasers, investors or lenders.

Member Estoppel Certificates. Upon the written request of a Member, the other Member shall, within fifteen ten (1510) calendar days Business Days of its their receipt of such request, execute and deliver a written statement certifying: (Aa) that this Agreement is unmodified and in full force and effect (or, if modified, that this Agreement is in full force and effect as modified and stating any and all modifications), ; (Bb) to the actual knowledge of the certifying Member, that such Member is not in default hereunder, in each case except as specified in such statement; and (c) that, (C) that to the actual knowledge of the certifying Member, no event has occurred which with the passage of time or the giving of notice, or both, would ripen into a default hereunder, except as specified in such statement, and (D) as to the then current balances of the certifying Member’s accounts provided for herein. Such written statement may be relied upon by a Member’s prospective purchasers, investors or lenders.