Common use of Estoppel Certificate By Tenant and Information Concerning Clause in Contracts

Estoppel Certificate By Tenant and Information Concerning. Tenant. Tenant agrees, at any time and from time to time, within ten (10) days ------ after written request by Landlord or any holder of a mortgage on all or a portion of Landlord's Property or the ground lessor thereof, (a) to execute, acknowledge and deliver to Landlord a statement in writing certifying that (except may be otherwise specified by Tenant): (i) this Lease is presently in full force and effect and unmodified; (ii) Tenant has accepted possession of the Premises; (iii) any improvements required by the terms of this Lease to be made by Landlord have been completed to the satisfaction of Tenant; (iv) no rent under this Lease has been paid more than 30 days in advance of its due date; (v) the addresses for notices to be sent to Tenant is as set forth in this Lease or as specified in such certificates (vi) Tenant as of the date of executing the certificate has no charge, lien or claim of offset under this Lease, or otherwise, against rents or other charges due or to become due hereunder, (vii) Tenant is not in default under this Lease; (viii) to the best of Tenant's knowledge, Landlord is not in default of this Lease; and (ix) such other information as Landlord may reasonably request about this Lease or Tenant's occupancy; and (b) to deliver information in form satisfactory to Landlord and such holder or ground lessor concerning Tenants operations, including but not limited to historic and current financial statements of Tenant, provided that, (i) at any time during which the shares of Tenants stock are publicly traded on a recognized stock exchange, such information shall be limited to information Tenant makes publicly available (including, without limitation, filings with the Securities and Exchange Commission); and (ii) during the pendency of any public offering of the shares of Tenant's stock, Tenant shall only be required to deliver information that can be made available by Tenant in accordance with applicable law.

Appears in 2 contracts

Sources: Office Lease (Smarterkids Com Inc), Office Lease (Learningstar Inc)