Common use of Estoppel Letters Clause in Contracts

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.

Estoppel Letters. Borrower covenants Borrowers covenant to provide Agent, within ten (10) days after request, an estoppel letter stating (i) the balance of the Obligations, (ii) whether Borrower has Borrowers have 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 Borrowers fail to respond to such a request within the required period.

Estoppel Letters. Borrower covenants Borrowers covenant to provide Lenders or Collateral Agent, within ten (10) days Business Days after written request, an estoppel letter stating (i) the balance of the Obligations, (ii) whether Borrower has to Borrowers’ Knowledge they have any defenses to payment of the Obligations, and (iii) the nature of any such defenses to payment of the Obligations. Such balance as presented for confirmation and the nonexistence of defenses shall be presumed if Borrower fails Borrowers fail to respond to such a written request within the required period.

Estoppel Letters. Borrower covenants Borrowers covenant to provide Lenders or Collateral Agent, within ten (10) days Business Days after written request, an estoppel letter stating (i) the balance of the Obligations, (ii) whether Borrower has to Borrowers' Knowledge they have any defenses to payment of the Obligations, and (iii) the nature of any such defenses to payment of the Obligations. Such balance as presented for confirmation and the nonexistence of defenses shall be presumed if Borrower fails Borrowers fail to respond to such a written request within the required period.

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 non- existence of defenses shall be presumed if Borrower fails to respond to such a request within the required period.

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 non existence of defenses shall be presumed if Borrower fails to respond to such a request within the required period.