Common use of Status Report Clause in Contracts

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 3 contracts

Sources: Office Lease (Paratek Pharmaceuticals, Inc.), Office Lease (Paratek Pharmaceuticals, Inc.), Office Lease (Be Free Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments acknowledgment that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 3 contracts

Sources: Sublease (Salary. Com, Inc.), Lease Agreement (Bladelogic Inc), Lease Agreement (Implant Science Corp)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Sources: Assignment and Assumption (Rhythm Holding Company, LLC), Lease (Beacon Education Management Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments acknowledgement that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Sources: Lease (Aspen Technology Inc /De/), Lease (Voicetek Corp)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any factual matter pertaining to this Lease, including, without limitation, acknowledgments to the best of such party's knowledge, that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 2 contracts

Sources: Office Lease (Keane Inc), Office Lease (Keane Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments acknowledgements that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Sources: Lease (Genzyme Corp)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then then-current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments that (or the extent to of which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Atlantic Data Services Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to LandlordLESSOR, or the holder of any mortgage encumbering the Premises, or to TenantLESSEE, as the case may be, a statement of the status of any matter pertaining to this Leaselease, including, without limitation, acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Leaselease.

Appears in 1 contract

Sources: Commercial Lease (SmartPros Ltd.)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage encumbering the Premises, or to Tenant, as the case may be, a written statement of the status of any matter pertaining to this LeaseLease which may be reasonably requested, including, without limitation, acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Service Bancorp Inc)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees mortgagees, ground lessors, or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to the Landlord, or the holder of any mortgage or ground lease encumbering the Premises, or to Tenant, as the case may be, a statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments acknowledgement that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Sources: Lease Agreement (Standish Care Co)

Status Report. Recognizing that both parties may find it necessary to establish to third parties, such as accountants, banks, mortgagees or the like, the then current status of performance hereunder, either party, on the request of the other made from time to time, will promptly furnish to Landlord, or the holder of any mortgage encumbering the Premises, or to Tenant, as the case may be, a written statement of the status of any matter pertaining to this Lease, including, without limitation, acknowledgments that (or the extent to which) each party is in compliance with its obligations under the terms of this Lease.

Appears in 1 contract

Sources: Lease Amendment (Details Inc)