Common use of Status Report Clause in Contracts

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 3 contracts

Samples: Sublease (Salary. Com, Inc.), Lease Agreement (Bladelogic Inc), Lease Agreement (Implant Science Corp)

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Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 3 contracts

Samples: Office Lease (Paratek Pharmaceuticals, Inc.), Office Lease (Paratek Pharmaceuticals, Inc.), Office Lease (Be Free Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any factual matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgments to the best of such party's knowledge, that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Samples: Office Lease (Keane Inc), Office Lease (Keane Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgement that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Samples: Lease (Aspen Technology Inc /De/), Lease (Voicetek Corp)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Samples: Assignment and Assumption (Rhythm Holding Company, LLC), Lease (Beacon Education Management Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then then-current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgments that (or the extent to of which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Atlantic Data Services Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgements that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Samples: Lease (Genzyme Corp)

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Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to the Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgement that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Standish Care Co)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a written statement of the status of any matter pertaining to this LeaseLease which may be reasonably requested, including, without limitation, acknowledgment acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Samples: Lease Agreement (Service Bancorp Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to LandlordLESSOR, or the holder of any mortgage or ground lease encumbering the Premises, or to TenantLESSEE, as the case may be, a statement of the status of any matter pertaining to this Leaselease, including, without limitation, acknowledgment acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Leaselease.

Appears in 1 contract

Samples: Commercial Lease (SmartPros Ltd.)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees, ground lessors, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a written statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgment acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Samples: Lease Amendment (Details Inc)

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