Status Certificate. The Tenant shall, on ten (10) days’ notice from the Landlord, execute and deliver to the Landlord a statement as prepared by the Landlord in writing certifying the following:
(a) that this Lease is unmodified and in full force and effect or, if modified, stating the modifications and that the same is in full force and effect as modified;
(b) the amount of Basic Rent then being paid hereunder;
(c) the dates to which the Basic Rent and Additional Rent and other charges hereunder have been paid by instalments or otherwise; or
(d) whether or not there is any existing default on the part of the Landlord of which the Tenant has notice.
Status Certificate. A Status Certificate is meant to set out the current status of the Condominium Corporation. It will include additional documents such as financial statements, budgets, reserve fund audits, Declaration, Rules, Bylaws to name a few. The Seller consents to the Buyer obtaining a Status Certificate. This paragraph provides warranties that there are no special assessments or legal actions pending or contemplated.
Status Certificate. The Tenant shall, on ten (10) days' written notice from the Landlord, execute and deliver to the Landlord a statement as prepared by the Landlord in writing certifying the following: (a) that this Lease is unmodified and in full force and effect, or, if modified, stating the modifications and that the same is in full force and effect as modified; (b) the amount of the annual Rent or other amounts then being paid;
Status Certificate. The LESSEE agrees that, from time to time upon written request by the LESSOR, it shall execute and deliver to the LESSOR, a statement (commonly known as an Estoppel Certificate) in writing certifying that this Lease is unmodified and in full force and effect (or, if there have been modifications, that this Lease is in full force and effect and stating the modifications); that the LESSEE has no defenses, offsets, or counterclaims against its obligations hereunder or, if there are any defenses, offsets, or counterclaims, setting them forth in reasonable detail; and the date to which the Base Rent, Additional Rent, and other charges have been paid. Any such statement may be relied upon by any purchaser or mortgagee of the Leased Premises.
Status Certificate. Within 10 days after receipt of written request, either party shall deliver to the other a written statement confirming the status of this Agreement, whether the Agreement is unmodified and in full force and effect, and any other matters that may reasonably be requested, which statement may be relied upon by third parties.
Status Certificate. (1) Within ten (10) business days after written request therefor by the Landlord or the Tenants, the Landlord or the Tenants, as the case may be, hereby covenant and agree to deliver in the form supplied by the other party and to such person, or such persons as it may designate, a certificate stating (if such be the case) that:
(i) this Lease is unmodified and in full force and effect (or if there have been any modifications, that this Lease is in full force and effect as modified and identify the modification agreements, if any);
(ii) the date of the commencement of the Term;
(iii) the date to which the rent has been paid under this Lease; and,
(iv) whether or not there is any existing default by the Tenants in the payment of any rent or other sum of money under this Lease, and whether or not there is any other existing default by either party under this Lease with respect to which a notice of default has been served, and if there is any such default, specifying the nature and extent thereof. Each of the parties hereto shall pay their own costs for preparation and execution of any such certificate.
Status Certificate. The Purchaser hereby authorizes the Condominium Corporation, when created, to issue a certificate in the form prescribed by the Act, stating any arrears on account of common expenses owed by the Vendor. Such status certificate shall be at the purchaser's costs and will be adjusted for in the Statement of Adjustments as a credit to the Vendor or the Vendor's solicitors in the amount of $100.00.
Status Certificate. Tenant agrees from time to time, upon not less than twenty (20) days' prior written request by Landlord, to execute, acknowledge and deliver to Landlord a statement in writing in form reasonably acceptable to Tenant certifying that this Lease is unmodified and in full force and effect and that Tenant has no defenses, offsets or counterclaims against its obligations to pay the Annual Fixed Rent and any Additional Rent and other charges and to perform its other covenants under this Lease (or, if there have been any modifications that the same is in full force and effect as modified and stating the modifications and, if there are any defenses, offsets, or counterclaims, setting them forth in reasonable detail), and the dates to which the Annual Fixed Rent and any additional rent and other charges have been paid. Any such statement delivered pursuant to this Section l2.8 may be relied upon by any prospective purchaser or mortgagee of the Premises, Building or the Complex or any prospective assignee of any such mortgage.
Status Certificate. Mortgagor shall within ten days of a written request from Lender furnish Lender with a written statement duly acknowledged, setting forth the sums secured by this Mortgage and any right of setoff, counterclaim or other defense which exists against such sums and the obligations of this Instrument.
Status Certificate. Each party agrees from time to time, upon not less than fifteen (15) days prior written request, to execute, acknowledge and deliver to each other a statement in writing certifying that this Lease is unmodified and in full force and effect and that Tenant has no defenses, offsets or counterclaims against its obligations to pay the Annual Fixed Rent, Common Area Rental Charges, Ground Rent, Additional Rent and Additional Ground Area Rent, and any other charges and to perform its other covenants under this Lease and that there are no uncured defaults of Landlord or Tenant under this Lease (or, if there have been any modifications that the same is in full force and effect as odified and stating the modifications and, if there are any defenses, offsets, counterclaims, or defaults, setting them forth in reasonable detail), and the dates to which the Annual Fixed Rent, Cormnon Area Rental Charges, Ground Rent, Additional Rent and Additional Ground Rent and any other charges have been paid. Any such statement delivered pursuant to this Article 10.7 may be relied upon by any prospective purchaser or prospective Mortgagee of the Leased Premises or of the Building or any prospective assignee of any such Mortgage.
