Estoppel Letters Sample Clauses

Estoppel Letters. Borrower covenants to provide Agent, within ten (10) days after request, an estoppel letter stating (i) the balance of the Obligations, (ii) whether Borrower has any defenses to payment of the Obligations, and (iii) the nature of any defenses to payment of the Obligations. Such balance as presented for confirmation and the nonexistence of defenses shall be presumed if Borrower fails to respond to such a request within the required period.
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Estoppel Letters. Borrower shall have received and delivered to Lender estoppel certificates from such parties and in such form and substance as shall be satisfactory to Lender, each of which shall specify that Lender and its successors and assigns may rely thereon.
Estoppel Letters. Upon thirty days written request by NAI at any time and from time to time prior to the Designated Sale Date, BNPPLC must provide a statement in writing certifying that the Operative Documents are unmodified and in full effect (or, if there have been modifications, that the Operative Documents are in full effect as modified, and setting forth such modifications), certifying the dates to which the Base Rent payable by NAI under the Lease has been paid, stating whether BNPPLC is aware of any Default by NAI that may exist under the Operative Documents and confirming BNPPLC’s agreements concerning landlord’s liens and other matters set forth in subparagraph 4(E). Any such statement by BNPPLC may be relied upon by anyone with whom NAI may intend to enter into an agreement for construction of the Improvements or other significant agreements concerning the Property.
Estoppel Letters. Tenant shall promptly upon request from Landlord execute and acknowledge a certificate containing such information as may be reasonably requested for the benefit of Landlord, any prospective purchaser or any current or prospective mortgagee of all or any portion of the Project.
Estoppel Letters. Estoppel letters from each of those tenants identified on EXHIBIT G as "Major Tenants" (the "Major Tenants"), and from each of the other tenants under the Leases which provide an estoppel letter to Seller in response to Seller's written request for the same (Seller being obligated under this Agreement to request the Estoppel letters from each tenant holding an interest under a Lease, but without Seller obligation to obtain the same from tenants other than Major Tenants) (the "Other Tenants"), dated not earlier than forty-five (45) days prior to the initially scheduled Closing Date, and substantially in the form of the estoppel letter attached hereto as EXHIBIT H-1 or in the form which such Other Tenant is required to provide pursuant to the terms of such Other Tenant's Lease. In the event Seller cannot, after reasonable efforts, obtain a tenant estoppel letter from a Major Tenant from whom an estoppel letter is requested, then Seller shall deliver to Buyer a Seller's (landlord) estoppel letter in the form of estoppel letter attached hereto as EXHIBIT H-2 dated within five (5) business days prior to the Closing Date or the Option Closing Date, as applicable, which Seller's estoppel letter shall expire and be of no further force or effect on the date that is ninety (90) days following the Closing Date; provided, however, that if Seller shall obtain an estoppel letter from any such tenant after delivery of such Seller's estoppel letter, Seller's (landlord) estoppel letter shall thereafter be without further force or effect. In the event Buyer gives the Election Notice, Seller shall deliver to Buyer, within five (5) business days prior to the Option Closing Date, (a) any tenant estoppel letter that is dated earlier than forty five (45) days prior to the Option Closing Date, (b) any tenant estoppel letter dated more than forty-five days prior to the Option Closing Date, together with a schedule warranting to Buyer that, to Seller's Knowledge, except as set forth in such schedule, Seller is not aware of any default under such tenant's Lease arising after the date of such tenant estoppel letter, (c) a Seller estoppel letter for each Major Tenant of the Property for which a tenant estoppel letter was not received, as described above, or (d) a combination of (a), (b) and (c).
Estoppel Letters. Whenever reasonably requested by Lender, Landlord and Tenant from time to time shall severally execute and deliver to or at the direction of Lender, and without charge to Lender, one or more written certifications of all of the matters as set forth in Paragraph 6, whether Tenant has exercised any renewal option or options and any other information the Lender may reasonably require to confirm the current status of the Lease, including, without limitation, a confirmation that the Lease is and remains subordinated as provided in this Agreement.
Estoppel Letters. Within fifteen (15) days of the request of Landlord, any lender or prospective lender of the Building or Project, or at the request of any purchaser or prospective purchaser of the Building or Project, Tenant shall deliver an estoppel certificate, attaching a true and complete copy of this Lease, including all amendments relative thereto, and certifying with particularity, among other things, (i) when the last rent was paid; (ii) when the next rent is due and in what amount; (iii) stating whether the Tenant has prepaid any rent and, if so, how much; (iv) stating whether either the Landlord or the Tenant is in default under the Lease and, if so, summarizing such default(s); and (v) stating whether Tenant or Landlord has any offsets or claims against the other party and, if so, specifying with peculiarity the nature and amount of such offset or claim. Landlord shall likewise deliver a similar estoppel certificate within fifteen (15) days of the request of Tenant, any lender or prospective lender of Tenant, or assignee approved by Landlord.
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Estoppel Letters. Tenant will, at such time or times as Landlord may request, execute and acknowledge a certificate stating whether this Lease is in full force and effect, whether any amendments or modifications exist, whether there are any defaults hereunder, and containing such other related information as may be reasonably requested.
Estoppel Letters. The Seller shall deliver to the Buyer as soon as practicable after Closing (i) an estoppel letter from each lessor pursuant to each of the Leases, substantially in the form attached hereto as Exhibit 2.6 (each individually, an "Estoppel Letter" and collectively, the "Estoppel Letters") and (ii) the written consent of 990 Xxxxxxx Xxxxxx Xxxx Associates, the lessor pursuant to Section 8 of the lease agreement set forth in Section 5.8 with respect to the sublease set forth therein.
Estoppel Letters. To the extent obtained by Borrower through the exercise of reasonably diligent efforts, Borrower shall have delivered to Lender estoppel certificates from each Tenant under a Lease and each lessor under a Ground Lease, in each case, which has been identified by Lender prior to the date hereof, each of which shall specify that Lender and its successors and assigns may rely thereon and otherwise be in such form and substance as shall be satisfactory to Lender.
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