Common use of CERTIFICATE OF ESTOPPEL Clause in Contracts

CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party execute, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A party’s failure to deliver such statement within such time shall be conclusive upon the party receiving such request that this Lease is in full force and effect, without modification except as may be represented by Landlord that there are no uncured defaults in the requesting party’s performance, and that not more than one month’s rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

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CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party execute, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s 's knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A party’s 's failure to deliver delivery such statement within such time shall be conclusive upon the party receiving such request that this Lease lease is in full force and effect, without modification except as may be represented by Landlord Landlord; that there are no uncured defaults in the requesting party’s 's performance, and that not more than one month’s 's rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Active Software Inc)

CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party party, execute, acknowledge and deliver to the requesting party party, a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A partyTenant’s failure to deliver such statement within such time shall be conclusive upon the party receiving such request that this Lease is in full force and effect, without modification except as may be represented by Landlord Landlord; that there are no uncured defaults in the requesting party’s performance, and that not more than one month’s rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party execute, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A partyTenant’s failure to deliver such statement within such time shall be conclusive upon the party receiving such request that this Lease is in full force and effect, without modification except as may be represented by Landlord Landlord; that there are no uncured defaults in the requesting party’s performance, and that not more than one month’s rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party execute, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s 's knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A party’s 's failure to deliver such statement within such time shall be conclusive upon the party receiving such request that this Lease is in full force and effect, without modification except as may be represented by Landlord Landlord; that there are no uncured defaults in the requesting party’s 's performance, and that not more than one month’s 's rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Quantum Corp /De/)

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CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days days' prior written notice from the other party executeexercise, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s 's knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A party’s The party receiving such request's failure to deliver such statement within such time shall be conclusive upon the other party receiving such request that this Lease is in full force and effect, without modification except as may be represented requested by Landlord Landlord; that there are no uncured defaults in the requesting party’s 's performance, and that not no more than one month’s rent has been paid in advance.'s XXXXXX

Appears in 1 contract

Samples: Lease Agreement (Vantive Corp)

CERTIFICATE OF ESTOPPEL. Either party shall at any time upon not less than ten (10) days prior written notice from the other party execute, acknowledge and deliver to the requesting party a statement in writing (i) certifying that this Lease is unmodified and in full force and effect (or, if modified, stating the nature of such modification and certifying that this Lease, as so modified, is in full force and effect) and the date to which the rent and other charges are paid in advance, if any, and (ii) acknowledging that there are not, to the best of such party’s knowledge, any uncured defaults on the part of the other party hereunder, or specifying such defaults, if any, are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. A party’s failure to deliver such statement within such time shall be conclusive upon the party receiving such request that this Lease is in full force and effect, without modification except as may be represented by Landlord Landlord; that there are no uncured defaults in the requesting party’s performance, and that not more than one month’s rent has been paid in advance.

Appears in 1 contract

Samples: Lease Agreement (Maxtor Corp)

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