Common use of TENANT'S CERTIFICATE Clause in Contracts

TENANT'S CERTIFICATE. Notwithstanding the automatic -------------------- applicability, as to all current and future mortgages, of the subordination of this Lease, Tenant shall, upon request of Landlord, execute any instrument which may be deemed necessary or desirable by Landlord to confirm such subordination or as otherwise required for mortgage financing or sale of the Premises including, but not limited to, certified financial statements and estoppel certificates executed and acknowledged to any mortgagee or purchaser, or any proposal mortgage lender or purchaser, including but not limited to certifications that this Lease is in full force and effect or, if not, in what respect it is not; that this Lease has not been modified, or the extent to which it has been modified; and that there are no existing defaults hereunder to the best of Tenant's knowledge, or specifying the defaults, if any. If Tenant fails to respond after due notice within seven (7) days, it shall automatically constitute affirmation of the items contained in the estoppel statement.

Appears in 1 contract

Samples: Lease (Happy Kids Inc)

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TENANT'S CERTIFICATE. Notwithstanding the automatic -------------------- applicability, as to all current and future mortgages, of the subordination of this Lease, Tenant shall, upon request of Landlord, execute any instrument which may be deemed necessary or desirable by Landlord to confirm such subordination or as otherwise required for mortgage financing or sale of the Premises including, including but not limited to, certified financial statements and estoppel certificates executed and acknowledged to any mortgagee mortgages or purchaser, or any proposal proposed mortgage lender or purchaser, including but not limited to certifications that this Lease is in full force and effect or, if not, in what respect it is not; that this Lease has not been modified, or the extent to which it has been modified; and that there are no not existing defaults hereunder to the best of Tenant's knowledge, or specifying the defaults, if any. If Tenant fails to respond after due notice within seven (7) days, it shall automatically constitute affirmation of the items contained in the estoppel statement.

Appears in 1 contract

Samples: Lease (Markland Technologies Inc)

TENANT'S CERTIFICATE. Notwithstanding the automatic -------------------- applicability, as to all current and future mortgages, of the subordination of this Lease, Tenant shall, upon request of Landlord, execute any instrument which may be deemed necessary or desirable by Landlord to confirm such subordination or as otherwise required for mortgage financing or sale of the Premises including, including but not limited to, certified financial statements and estoppel certificates executed and acknowledged to any mortgagee mortgages or purchaser, or any proposal proposed mortgage lender or purchaser, including but not limited to certifications that this Lease is in full force and effect or, if not, in what respect it is not; that this Lease has not been modified, or the extent to which it has been modified; and that there are no not existing defaults hereunder to the best of Tenant's knowledge, or specifying the defaults, if any. If Tenant fails to respond after due notice within seven (7) days, it shall automatically constitute affirmation of the items contained in the estoppel statement.

Appears in 1 contract

Samples: Lease Agreement (Vertex Industries Inc)

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TENANT'S CERTIFICATE. Notwithstanding the automatic -------------------- applicability, as to all current and future mortgages, of the subordination of this Lease, Tenant shall, upon request of Landlord, execute any instrument which may be deemed necessary or desirable by Landlord to confirm such subordination or as otherwise required for mortgage financing or sale of the Premises including, including but not limited to, certified financial statements and estoppel certificates executed and acknowledged to any mortgagee mortgagees or purchaser, or any proposal proposed mortgage lender or purchaser, including but not limited to certifications that this Lease is in full force and effect or, if not, in what respect it is not; that this Lease has not been modified, or the extent to which it has been modified; and that there are no not existing defaults hereunder to the best of Tenant's ’s knowledge, or specifying the defaults, if any. If Tenant fails to respond after due notice within seven (7) days, it shall automatically constitute affirmation of the items contained in the estoppel statement.

Appears in 1 contract

Samples: Agreement of Sale (Blonder Tongue Laboratories Inc)

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