Examples of Ground Lease Estoppel in a sentence

If there is a conflict between the terms of the Ground Lease and this Ground Lease Estoppel Certificate, the terms of this Ground Lease Estoppel Certificate shall prevail.
Promptly following the Contract Date, Seller shall deliver an estoppel letter to each of the landlords under the Xxxxxx Ground Lease and the Phoenix Tunnel Lease conforming with the estoppel requirements, if any, under each such lease (in each such instance, the “Required Ground Lease Estoppel Form”).
Purchaser acknowledges, however, that an executed Ground Lease Estoppel containing only the provisions in (1), (2), (3), (4), (5), (6), (7), (12) and (13) thereon as of the Effective Date (the “Acceptable Ground Lease Estoppel”) is acceptable.
Ground Lessor has caused this Ground Lease Estoppel to be duly executed and delivered as of the day and year first written above.
Notwithstanding the foregoing, Purchaser’s only remedy for any failure to receive the Acceptable Ground Lease Estoppel on or before five (5) Business Days prior to Closing shall be to terminate this Agreement by the giving of written 20 notice thereof to Seller within two (2) Business Days prior to the Closing, in which event, the Deposit shall be refunded to Purchaser and neither party shall have any further rights or obligations hereunder, except for obligations which explicitly survive the termination.

More Definitions of Ground Lease Estoppel

Ground Lease Estoppel means those certain estoppels executed in favor of Lxxxxx in connection with the Loan described on Schedule IV hereto.

Ground Lease Estoppel shall have the meaning provided in Section --------------------- 3.01(a)(xi).

Ground Lease Estoppel means, collectively, each ground lease estoppel as set forth on Schedule XI attached hereto.

Ground Lease Estoppel means those six (6) certain Estoppel and Agreements, one pertaining to each separate Ground Lease, executed by the respective Borrower and Ground Lessor in favor of Lender in connection with the Loan.

Ground Lease Estoppel means that certain Ground Lessor Estoppel Agreement dated July 31, 2017 given by the ground lessor under the Ground Lease for the benefit of Agent, each Lender and Borrower.

Ground Lease Estoppel or “Ground Lease Estoppels” has the meaning set forth in Section 13.10.2.

Ground Lease Estoppel means those certain ground lease estoppels listed on Schedule XIX hereto and executed in favor of Lender in connection with the Loan.