Common use of Ratification of Covenants; Estoppels; Certifications Clause in Contracts

Ratification of Covenants; Estoppels; Certifications. Borrower shall: promptly notify Lender in writing upon any violation of any covenant set forth in any Loan Document of which Borrower has notice or knowledge; provided, however, any such written notice by Borrower to Lender shall not relieve Borrower of, or result in a waiver of, any obligation under this Loan Agreement or any other Loan Document; and within ten (10) days after a request from Lender, provide a written statement, signed and acknowledged by Borrower, certifying to Lender or any person designated by Lender, as of the date of such statement: that the Loan Documents are unmodified and in full force and effect (or, if there have been modifications, that the Loan Documents are in full force and effect as modified and setting forth such modifications); the unpaid principal balance of the Mortgage Loan; the date to which interest on the Mortgage Loan has been paid; that Borrower is not in default in paying the Indebtedness or in performing or observing any of the covenants or agreements contained in this Loan Agreement or any of the other Loan Documents (or, if Borrower is in default, describing such default in reasonable detail); whether or not there are then-existing any setoffs or defenses known to Borrower against the enforcement of any right or remedy of Lender under the Loan Documents; and any additional facts reasonably requested in writing by Lender. Further Assurances.

Ratification of Covenants; Estoppels; Certifications. Borrower shall: promptly notify Lender in writing upon any violation of any covenant set forth in any Loan Document of which Borrower has notice or knowledge; provided, however, any such written notice by Borrower to Lender shall not relieve Borrower of, or result in a waiver of, any obligation under this Loan Agreement or any other Loan Document; and within ten (10) days after a request from Lender, provide a written statement, signed and acknowledged by Borrower, together with such corresponding certifications from Property Operator as Lender may request, certifying to Lender or any person designated by Lender, as of the date of such statement: that the Loan Documents are unmodified and in full force and effect (or, if there have been modifications, that the Loan Documents are in full force and effect as modified and setting forth such modifications); the unpaid principal balance of the Mortgage Loan; the date to which interest on the Mortgage Loan has been paid; that Borrower is not in default in paying the Indebtedness or in performing or observing any of the covenants or agreements contained in this Loan Agreement or any of the other Loan Documents (or, if Borrower is in default, describing such default in reasonable detail); whether or not there are then-existing any setoffs or defenses known to Borrower against the enforcement of any right or remedy of Lender under the Loan Documents; and any additional facts reasonably requested in writing by Lender. Further Assurances.

Ratification of Covenants; Estoppels; Certifications. Borrower Each Obligor shall: promptly notify Lender in writing upon any violation of any covenant set forth in any Loan Document of which Borrower any Obligor has notice or knowledge; provided, however, any such written notice by Borrower any Obligor to Lender shall not relieve Borrower or IDOT Guarantor of, or result in a waiver of, any obligation under this Loan Agreement or any other Loan Document; and within ten (10) days after a request from Lender, provide a written statement, signed and acknowledged by Borrowereach Obligor, certifying to Lender or any person designated by Lender, as of the date of such statement: that the Loan Documents are unmodified and in full force and effect (or, if there have been modifications, that the Loan Documents are in full force and effect as modified and setting forth such modifications); the unpaid principal balance of the Mortgage Loan; the date to which interest on the Mortgage Loan has been paid; that Borrower is not in default in paying the Indebtedness or Indebtedness, and that no Obligor is in default in performing or observing any of the covenants or agreements contained in this Loan Agreement or any of the other Loan Documents (or, if Borrower any Obligor is in default, describing such default in reasonable detail); whether or not there are then-then existing any setoffs or defenses known to Borrower any Obligor against the enforcement of any right or remedy of Lender under the Loan Documents; and any additional facts reasonably requested in writing by Lender. Further Assurances.

Ratification of Covenants; Estoppels; Certifications. Borrower shall: promptly notify Lender in writing upon any violation of any covenant set forth in any Loan Document of which Borrower has notice or knowledge; provided, however, any such written notice by Borrower to Lender shall not relieve Borrower of, or result in a waiver of, any obligation under this Loan Agreement or any other Loan Document; and within ten (10) days after a request from Lender, provide a written statement, signed and acknowledged by Borrower, certifying to Lender or any person designated by LenderXxxxxx, as of the date of such statement: that the Loan Documents are unmodified and in full force and effect (or, if there have been modifications, that the Loan Documents are in full force and effect as modified and setting forth such modifications); the unpaid principal balance of the Mortgage Loan; the date to which interest on the Mortgage Loan has been paid; that Borrower is not in default in paying the Indebtedness or in performing or observing any of the covenants or agreements contained in this Loan Agreement or any of the other Loan Documents (or, if Borrower is in default, describing such default in reasonable detail); whether or not there are then-existing any setoffs or defenses known to Borrower against the enforcement of any right or remedy of Lender under the Loan Documents; and any additional facts reasonably requested in writing by LenderXxxxxx. Further Assurances.

Ratification of Covenants; Estoppels; Certifications. Borrower shall: promptly notify Lender in writing upon any violation of any covenant set forth in any Loan Document of which Borrower has notice or knowledge; provided, however, any such written notice by Borrower to Lender shall not relieve Borrower of, or result in a waiver of, any obligation under this Loan Agreement or any other Loan Document; and within ten (10) days after a request from Lender, provide a written statement, signed and acknowledged by Borrower, together with such corresponding certifications from Master Lessee as applicable and as Lender may request, certifying to Lender or any person designated by Lender, as of the date of such statement: that the Loan Documents are unmodified and in full force and effect (or, if there have been modifications, that the Loan Documents are in full force and effect as modified and setting forth such modifications); the unpaid principal balance of the Mortgage Loan; the date to which interest on the Mortgage Loan has been paid; that Borrower is not in default in paying the Indebtedness Indebtedness, or in performing or observing any of the covenants or agreements contained in this Loan Agreement or any of the other Loan Documents (or, if Borrower is in default, describing such default in reasonable detail); whether or not there are then-existing any setoffs or defenses known to Borrower against the enforcement of any right or remedy of Lender under the Loan Documents; and any additional facts reasonably requested in writing by Lender. Further Assurances.