Common use of OFFSET STATEMENTS Clause in Contracts

OFFSET STATEMENTS. Tenant agrees at any time and from time to time, upon not less than 20 days prior written request by Landlord, to execute, acknowledge and deliver to Landlord a statement in writing certifying that this lease is unmodified and in full force and effect (or if there have been modifications, stating the modifications and that the lease as so modified is in full force and effect), the commencement and termination dates of this lease, that Tenant has accepted the Premises, and the date to which rental and other charges have been paid in advance, if any, and that the Tenant has no claims against Landlord or offsets against rentals. It is intended that such statement may be relied upon by prospective purchasers of Landlord's interest in the land and building, or by a mortgage or assignee of any mortgage upon Landlord's interest in said land and building. 23.