Common use of Status Certificates Clause in Contracts

Status Certificates. The Tenant shall at any time and from time to time execute and deliver to the Landlord or as the Landlord may direct within ten (10) days after it is requested a statement in writing in the form supplied by the Landlord, certifying that this Lease has been validly executed and delivered by the Tenant pursuant to due corporate action properly taken by it and is unmodified and in full force and effect (or if modified, stating the modification and stating that the Lease is in full force and effect as modified), the Commencement Date, the termination date and the amount of the Net Rent and other Rent then being paid hereunder, the dates to which such Rent hereunder has been paid, whether or not there is any existing default on the part of the Landlord of which the Tenant is aware and any other particulars that the Landlord or Secured Creditor or any prospective purchaser may reasonably request. Any such statement may be conclusively relied upon by any prospective fundraiser or purchasers or by the Secured Creditor.