Mortgagee Confirmation Clause Samples

Mortgagee Confirmation. Tenant acknowledges that in connection with the financing of Owner’s Work the Mortgagees with respect thereto may require that Owner obtain a written agreement executed and acknowledged by Tenant confirming (i) the Commencement Date, (ii) the Fixed Expiration Date, (iii) the Rent Commencement Date, (iv) the Base Rent payable under this Lease, after consideration of all abatements to which Tenant is entitled to under this Lease, (v) the Initial Premises Substantial Completion Date, (vi) the Substantial Completion Date, and (vii) any other information under this Lease. Tenant therefore agrees that Tenant shall, within fifteen (15) Business Days after the receipt of an agreement confirming all or any of that information, execute, acknowledge and return the same to Owner to the extent, in Tenant’s reasonable opinion, the information set forth has been determined in accordance with the applicable provisions of this Lease; provided, however, Tenant shall not be obligated to execute, acknowledge and return the same to Owner if Tenant, within such fifteen