Common use of Estoppel Certificate and Financial Statements Clause in Contracts

Estoppel Certificate and Financial Statements. Tenant shall on ten (1 0) or more days notice from Landlord execute, acknowledge and deliver to Landlord financial statements of Tenant and 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 Tenant’s knowledge, any uncured defaults on the part of Landlord hereunder, or specifying such defaults if any are claimed. Tenant’s failure to deliver such statements shall be conclusive upon Tenant (i) that this Lease is in full force and effect, without modification except as may be represented by Landlord, (ii) that there are no uncured defaults in Landlord’s performance, and (iii) that not more than one month’s rent has been paid in advance.

Appears in 1 contract

Samples: Lease (Exagen Diagnostics Inc)

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