Common use of Estoppel Statements Clause in Contracts

Estoppel Statements. Within ten (10) business days after receipt of request therefor by City, Tenant shall deliver, in recordable form, an estoppel statement certifying that this Lease is in full force and effect; the date of Tenant’s most recent payment of Rent, and that Tenant has no defenses or offsets outstanding, or stating those claimed, and any other information reasonably requested. Failure to deliver said statement within the specified period shall be conclusive upon Tenant that: (i) this Lease is in full force and effect, without modification except as may be represented by City; (ii) there are no uncured de- faults in City’s performance and Tenant has no right of offset, counterclaim or deduction against Rent hereunder; and (iii) no more than one month’s Base Rent has been paid in advance. Notwithstanding the conclusiveness of Tenant’s failure to deliver such statement, Tenant’s failure shall constitute a breach of this Lease.

Estoppel Statements. Within ten thirtyen (10310) business days after receipt of request therefor by City, Tenant shall deliver, in recordable form, an estoppel statement certifying that this Lease is in full force and effect; the date of Tenant’s most recent payment of Rent, and that Tenant has no defenses or offsets outstanding, or stating those claimed, and any other information reasonably requested. Failure to deliver said statement within the specified period shall be conclusive upon Tenant that: (i) this Lease is in full force and effect, without modification except as may be represented by City; (ii) there are no uncured de- faults defaults in City’s performance and Tenant has no right of offset, counterclaim or deduction against Rent hereunder; and (iii) no more than one month’s Base Rent has been paid in advance. Notwithstanding the conclusiveness of Tenant’s failure to deliver such statement, Tenant’s failure shall constitute a breach of this Lease.

Estoppel Statements. Within ten (10) business days after receipt of request therefor by City, Tenant shall deliver, in recordable form, an estoppel statement certifying that this Lease is in full force and effect; the date of Tenant’s most recent payment of Rent, and that Tenant has no defenses or offsets outstanding, or stating those claimed, and any other information reasonably requested. Failure to deliver said statement within the specified period shall be conclusive upon Tenant that: (i) this Lease is in full force and effect, without modification except as may be represented by City; (ii) there are no uncured de- faults defaults in City’s performance and Tenant has no right of offset, counterclaim or deduction against Rent hereunder; and (iii) no more than one month’s Base Rent has been paid in advance. Notwithstanding the conclusiveness of Tenant’s failure to deliver such statement, Tenant’s failure shall constitute a breach of this Lease.