Common use of Tenant Estoppel Certifications Clause in Contracts

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 3 contracts

Samples: Lease Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit), Real Property Purchase Agreement (Capital Automotive Reit)

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Tenant Estoppel Certifications. With the knowledge that Lender, ------------------------------ as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 3 contracts

Samples: Lease Agreement (Capital Automotive Reit), Lease Agreement (Capital Automotive Reit), Real Property Purchase Agreement (Capital Automotive Reit)

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) As of the date hereof, Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Real Property Purchase and Contribution Agreement (Capital Automotive Reit)

Tenant Estoppel Certifications. With the knowledge that Lender, ------------------------------ as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Capital Automotive Reit)

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit EXHIBIT A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) As of the date of this Agreement, Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Cross Continent Auto Retailers Inc M&l)

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) As of the date of this Agreement, Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Capital Automotive Reit)

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Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Lease Agreement (Capital Automotive Reit)

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19_____, 2000, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____year, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - Rent- $_________ Payment of the above amount was timely made for the months of of___, and ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____2000. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has [not] paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) As of the date hereof, Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Lease Agreement (United Auto Group Inc)

Tenant Estoppel Certifications. With the knowledge that Lender, as ------------------------------ beneficiary of the mortgage encumbering the premises, will place substantial reliance thereon in connection with the closing and funding of the Loan, Tenant hereby makes the following certifications: (a) The term of the Lease commenced on ________, 19__, and will terminate on ______________. (b) The Lease, as described above, has not been modified, amended, assigned or subleased except as set forth in Exhibit A attached hereto, and is --------- in good standing and in full force and effect. (c) The Lease provides for rental payments over the term of the Lease, all as specifically provided in the Lease. No rent under the Lease has been paid more than thirty (30) days in advance of the due date of same. For the year ____, monthly payments, which are due on the first (1st) day of each month, are as follows: Basic Rent - $________ Payment of the above amount was timely made for the months of ______, ___and _____, ____, and the next payment of the above amount will be due on ________, ____. In addition to the above amount, certain additional sums are due to Landlord from Tenant under the Lease, all as specifically set forth in the Lease. (d) Tenant has paid a security deposit under the Lease. (e) To Tenant's knowledge there are no defaults by Landlord under the Lease and there are no existing circumstances which, with the passage of time, or notice, or both, would give rise to a default under the Lease. (f) Tenant has accepted and is occupying the Premises, and Landlord has no unperformed obligation under the Lease to construct any improvements for the Tenant related to the Premises. (g) Tenant has no charge, lien, claim of set-off or defense against rents or other charges due or to become due under the Lease or otherwise under any of the terms, conditions, or covenants contained therein. (h) Tenant has received no notice from any insurance company of any defects or inadequacies in the Premises or in any part thereof which would adversely affect the insurability of the Premises. (i) Except as provided in the Lease, Tenant does not have any right or option to purchase the Premises. (j) Except as provided in the Lease, Tenant does not have any rights or options to renew the Lease or to lease additional space in any building owned by the Landlord.

Appears in 1 contract

Samples: Agreement for Contribution of Interests (Capital Automotive Reit)

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