Definition of Airport Estoppel Schedule


Airport Estoppel Schedule means the disclosure schedule referred to in Section 5.1(b).

Examples of Airport Estoppel Schedule in a sentence

Airport Estoppel for the Ft. Wayne, Indiana FBO is hereby deleted from the list of Required Authorities on the Airport Estoppel Schedule.
If any consent requested of a Required Authority is not obtained from such Required Authority within ninety-five (95) days following the Execution Date, the Purchaser may on or before the fifth (5th) day following such ninety-fifth (95th) day elect to remove such airport authority from the list of Required Authorities on the attached Airport Estoppel Schedule.
Company and the Purchaser shall use commercially reasonable efforts to obtain, as promptly as practicable, estoppel letters (each an "Airport Estoppel") substantially in the form of Exhibit C, with such modifications as are reasonably agreed to by the Company and the Purchaser to address particular circumstances of a particular airport authority, from the airport authorities listed on the attached Airport Estoppel Schedule.
The Sellers, the Company or its Subsidiaries shall have obtained and delivered to the Purchaser executed Airport Estoppels from each of the airport authorities designated as a "Required Authority" on the attached Airport Estoppel Schedule except for those Airport Estoppels that are removed from the list of "Required Authorities" in accordance with Section 5.1. The Purchaser shall have received written evidence of the consents marked with an asterisk (*) on the Consents Schedule.
In the event that the Purchaser elects not to remove any such airport authority from the list of Required Authorities on the attached Airport Estoppel Schedule, the Seller Representative may, on or before the tenth (10th) day following such ninety-fifth (95th) day after the Execution Date, terminate this Agreement or extend the estoppel period with respect to such airport authority for an additional 30-day period ending on the one hundred twentieth-fifth (125th) day after the Execution Date.