OFFSET STATEMENT. Within ten (10) days after request therefor by Landlord, or in the event that upon any sale, assignment or hypothecation of the Leased Premises and/or all or any portion(s) of the Landlord's Property by Landlord an offset statement shall be required by Tenant; Tenant agrees to deliver in recordable form a certificate to any proposed mortgagee or purchaser, or to Landlord, certifying (if such be the case) that this Lease is in full force and effect and that there are no defenses or offsets thereto, or stating those claimed by Tenant.
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Samples: Lease Agreement (Arrowhead Research Corp), Lease Agreement (Third Wave Technologies Inc /Wi), Lease Agreement (Third Wave Technologies Inc /Wi)
OFFSET STATEMENT. Within ten (10) days after request therefor by Landlord, or in the event that upon any sale, assignment or hypothecation of the Leased Premises and/or all or any portion(s) of the Landlord's ’s Property by Landlord an offset statement shall be required by Tenant; Tenant agrees to deliver in recordable form a certificate to any proposed mortgagee or purchaser, or to Landlord, certifying (if such be the case) that this Lease is in full force and effect and that there are no defenses or offsets thereto, or stating those claimed by Tenant.
Appears in 2 contracts
Samples: Lease Agreement (Cellular Dynamics International, Inc.), Lease Agreement (Exact Sciences Corp)
OFFSET STATEMENT. Within ten (10) days after request therefor by Landlord, or in the event that upon any sale, assignment or hypothecation of the Leased Premises and/or all or any portion(s) of the Landlord's Property by Landlord an offset statement shall be required by Tenant; Tenant agrees to deliver in recordable form a certificate to any proposed mortgagee or purchaser, or to Landlord, certifying (if such be the case) that this thus Lease is in full force and effect and that there are no defenses or offsets thereto, or stating those claimed by Tenant.
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OFFSET STATEMENT. Within ten (10) days after request therefor therefore by Landlord, or in the event that upon any sale, assignment or hypothecation of the Leased Premises leased premises and/or all or any portion(s) of the land thereunder by Landlord's Property by Landlord , an offset statement shall be required by from Tenant; Tenant agrees to deliver delivery in recordable form form, a certificate to any proposed mortgagee mortgages or purchaser, or to Landlord, certifying (if such be the case) that this Lease lease is in full force and effect and that there are no defenses or offsets thereto, or stating those claimed by Tenant.
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