Common use of OFFSET STATEMENTS Clause in Contracts

OFFSET STATEMENTS. In the event that Lessor's mortgagee, ------------- ----------------- or a prospective purchaser of Lessor's mortgage or of Lessor's interest in the Building or the Land, requests a statement from Lessee as to claims against Lessor on account of prepaid rent or any other matter, Lessee shall deliver (in recordable form, if requested) to that party a certification that this lease is in full force and effect and unmodified (if such be the case or stating the modifications) and that there are no defenses or offsets thereto, or a notice which states those claimed by Lessee.

OFFSET STATEMENTS. In the event that Lessor's mortgagee, ------------- ----------------- or a prospective purchaser of Lessor's mortgage or of Lessor's interest in the Building or the Land, requests a statement from Lessee as to claims against Lessor on account of prepaid rent or any other matter, Lessee shall deliver (in recordable form, if requested) to that party a certification that this lease is in full force and effect and unmodified (if such be the case or stating the modifications) and that there are no defenses or offsets thereto, or a notice which states those claimed by Lessee.