Common use of STATEMENT OF TENANT Clause in Contracts

STATEMENT OF TENANT. Within 15 days after request by Landlord, Tenant shall execute and deliver to Landlord an estoppel statement in the form of Exhibit "E" or in such other form as Landlord may reasonably request, or as a prospective purchaser or encumbrancer of the Premises or Center may reasonably request, with such modifications by Tenant to the information provided therein as may be necessary to make such statement true, complete and accurate. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises or of all or any portion of the Center. If Tenant fails to deliver such statement within such 15 day period, Landlord may give Tenant an additional notice of failure to deliver such statement. If Tenant fails to deliver such statement within ten days following Landlord's additional notice, such failure shall constitute an irrevocable, binding agreement of Tenant (i) that this Lease is in full force and effect without modification, except as may be represented by Landlord in such statement as presented to Tenant; (ii) that there are no uncured defaults in Landlord's performance hereunder; (iii) that not more than one monthly installment of Minimum Monthly Rent has been paid in advance; and (iv) that any terms or conditions of such statement as may be required by a prospective purchaser or encumbrancer of the Premises are satisfied and agreed to by the parties. Further, such failure to deliver the requested statement (showing any exceptions to any of the statements of fact required thereby) shall constitute a material breach of this Lease. Within 30 days following request by Tenant, Landlord shall execute and deliver to Tenant a similar estoppel statement.

STATEMENT OF TENANT. Within 15 days after request by Landlord, Tenant shall execute and deliver to Landlord an estoppel statement in the form of Exhibit "E" E or in such other form as Landlord may reasonably request, or as a prospective purchaser or encumbrancer of the Premises or Center may reasonably request, with such modifications by Tenant to the information provided therein as may be necessary to make such statement true, complete and accurate. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises or of all or any portion of the Center. If Tenant fails to deliver such statement within such 15 day period, Landlord may give Tenant an additional notice of failure to deliver such statement. If Tenant fails to deliver such statement within ten days following Landlord's additional notice, such failure shall constitute an irrevocable, binding agreement of Tenant (i) that this Lease is in full force and effect without modification, except as may be represented by Landlord in such statement as presented to Tenant; (ii) that there are no uncured defaults in Landlord's performance hereunder; (iii) that not more than one monthly installment of Minimum Monthly Rent has been paid in advance; and (iv) that any terms or conditions of such statement as may be required by a prospective purchaser or encumbrancer of the Premises are satisfied and agreed to by the parties. Further, such failure to deliver the requested statement (showing any exceptions to any of the statements of fact required thereby) shall constitute a material breach of this Lease. Within 30 days following request by Tenant, Landlord shall execute and deliver to Tenant a similar estoppel statement.

STATEMENT OF TENANT. Within 15 days after request by Landlord, Tenant shall execute and deliver to Landlord an estoppel statement in the form of Exhibit "E" or in such other form as Landlord may reasonably request, or as a prospective purchaser or encumbrancer of the Premises or Center may reasonably request, with such modifications by Tenant to the information provided therein as may be necessary to make such statement true, complete and accurate. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises or of all or any portion of the Center. If Tenant fails to deliver such statement within such 15 day period, Landlord may give Tenant an additional notice of failure to deliver such statement. If Tenant fails to deliver such statement within ten days following Landlord's additional notice, such failure shall constitute an irrevocable, binding agreement of Tenant (i) that this Lease is in full force and effect without modification, except as may be represented by Landlord in such statement as presented to Tenant; (ii) that there are no uncured defaults in Landlord's performance hereunder; (iii) that not more than one monthly installment of Minimum Monthly Rent has been paid in advance; and (iv) that any terms or conditions of such statement as may be required by a prospective purchaser or encumbrancer of the Premises are satisfied and agreed to by the parties. Further, such failure to deliver the requested statement (showing any exceptions to any of the statements of fact required thereby) shall constitute a material breach of this Lease. Within 30 days following request by Tenant, Landlord shall execute and deliver to Tenant a similar estoppel statement.. ARTICLE 24