The Administrative Agent shall have received the Florida Ground Lease Estoppels.
The Parties shall jointly pursue the Ground Lease Estoppels, Tenant Estoppels, Recognition Agreements, SNDAs and assignment and subordination of property management agreements reasonably requested by Parent or a Debt Financing Source.
Sellers shall have obtained and delivered to Buyer the Required Tenant Estoppels (as hereinafter defined), Ground Lease Estoppels or Declarant Estoppels satisfactory to Buyer in its commercially reasonable discretion.
Within five (5) business days of Buyer’s approval (or deemed approval) of the Buyer Proposed Ground Lease Estoppels, Sellers shall deliver the same to Ground Lessors.
Delivery of all of the Ground Lessor Estoppels and/or Seller Ground Lease Estoppels under Section 7.5.6, unless such right is waived under Section 7.5.6.