Common use of Tenant's Certificates Clause in Contracts

Tenant's Certificates. Tenant, at any time and from time to time upon not less than fifteen (15) days' prior written notice from Landlord, will execute, acknowledge and deliver to Landlord and, at Landlord's request, to any prospective purchaser, ground or underlying lessor or mortgagee of any part of the Building and Real Property, a certificate of Tenant stating: (a) that Tenant has accepted the Premises (or, if Tenant has not done so, that Tenant has not accepted the Premises and specifying the reasons therefor), (b) the Commencement and Term Expiration Dates of this Lease, (c) that this Lease is unmodified and in full force and effect (or, if there have been modifications, that same is in full force and effect as modified and stating the modifications), (d) whether or not there are then existing any defenses against the enforcement of any of the obligations of Tenant under this Lease (and, if so, specifying same), (f) the dates, if any, to which the Basic Rent and Additional Rent and other charges under this Lease have been paid, and (g) any other information that may reasonably be required by any of such persons, including but not limited to current financial statements for Tenant (and any Guarantors of Tenant's obligation hereunder). It is intended that any such certificate of Tenant delivered pursuant to this Section 21 may be relied upon by Landlord and any prospective purchaser, ground or underlying lessor or mortgagee of any part of the Real Property.

Appears in 2 contracts

Samples: Lease Agreement (Intracel Corp), Lease Agreement (Intracel Corp)

AutoNDA by SimpleDocs

Tenant's Certificates. Tenant, at any time and from time to time upon not less than fifteen ten (1510) business days' prior written notice from Landlord, will execute, acknowledge and deliver to Landlord and, at Landlord's request’s written request (but no more than twice per year), to any prospective purchaser, ground or underlying lessor or mortgagee of any part of the Building and Real Propertyor the land upon which the Building is located, a certificate of Tenant stating: (a) that Tenant has accepted the Premises (or, if Tenant has not done so, that Tenant has not accepted the Premises and specifying the reasons therefor), (b) the Commencement and Term Expiration Dates of this Lease, (c) that this Lease is unmodified and in full force and effect (or, if there have been modifications, that same is in full force and effect as modified and stating the modifications), (d) whether or not to Tenant’s knowledge there are then existing any defenses against defaults by Landlord in the enforcement performance of any of the its obligations of Tenant under this Lease (and, if so, specifying same), (fe) the dates, if any, to which the Basic Rent and Additional Rent Charges and other charges under this Lease have been paid, and (gf) any other information that may reasonably be required by any of such persons, including but not limited to current financial statements for Tenant (and any Guarantors of Tenant's obligation hereunder). It is intended that any such certificate of Tenant delivered pursuant to this Section 21 13 may be relied upon by Landlord and any prospective purchaser, ground or underlying lessor or mortgagee of any part of the Real PropertyBuilding or the land upon which the Building is located.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement (SP Plus Corp)

AutoNDA by SimpleDocs

Tenant's Certificates. Tenant, at any time and from time to time upon not less than fifteen ten (1510) days' prior written notice from Landlord, will execute, acknowledge and deliver to Landlord and, at LandlordXxxxxxxx's request, to any prospective purchaser, purchaser or any then current or prospective ground or underlying lessor or mortgagee of any part of the Building and Real Property, a certificate of Tenant stating: (a) that Tenant has accepted the Premises (or, if Tenant has not done so, that Tenant has not accepted the Premises and specifying the reasons therefor), (b) the Commencement and Term Expiration Dates of this Lease, (c) that this Lease is unmodified and in full force and effect (or, if there have been modifications, that same is in full force and effect as modified and stating the modifications), (d) whether or not there are then existing any defenses against the enforcement of any of the obligations of Tenant under this Lease (and, if so, specifying same), (e) whether or not there are then existing any defaults by Landlord in the performance of its obligations under this Lease (and, if so, specifying same), (f) the dates, if any, to which the Basic Rent and Additional Rent and other charges under this Lease have has been paid, and (g) any other information information, including, without limitation, financial information, that may reasonably be required by any of such persons, including but not limited to current financial statements for Tenant (and any Guarantors of Tenant's obligation hereunder). It is intended that any such certificate of Tenant delivered pursuant to this Section 21 Article XXII may be relied upon by Landlord and any prospective purchaser, purchaser or any then current or prospective ground or underlying lessor or mortgagee of all or any part of the Real Property.

Appears in 1 contract

Samples: Office Lease (English Language Learning & Instruction System Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.