REA Estoppel Criteria definition

REA Estoppel Criteria means the REA Estoppel Certificate (i) does not identify any material document which comprises the Xxxxxxx’x XXX other than documents shown on Schedule 12.3.2; (ii) states that GHM I is not in default under the Xxxxxxx’x XXX (which statement may be qualified by Dillard’s actual knowledge); (iii) states that the Xxxxxxx’x XXX is in full force and effect; (iv) states that no claim, charge, defense, or offset presently exists against any amounts payable by Dillard’s under the Xxxxxxx’x XXX and that no condition or state of facts presently exists that would give Dillard’s the right to terminate the Xxxxxxx’x XXX (which statements may be qualified by Dillard’s actual knowledge); and (v) states that Dillard’s is not in default under the Xxxxxxx’x XXX (which statement may be qualified by Dillard’s actual knowledge); provided that, if any disclosure which expressly contradicts one or more of the required statements set forth in clauses (i) through (v) above was disclosed in a written disclosure from Seller to Buyer given on or before date hereof (as such disclosure may be updated in accordance with, and subject to, the terms and conditions of Section 5.4), then such required statement or statements shall be deemed satisfied notwithstanding such disclosure.
Sample 1

Examples of REA Estoppel Criteria in a sentence

  • Therefore, the abundance profiles calculated here may not exactly correspond to the one derived by Crapsi et al.

  • If the REA Estoppel Certificate is delivered after the Contingency Date, then the REA Estoppel Certificate shall either (a) be acceptable to Buyer, or (b) satisfy each of the REA Estoppel Criteria.

  • The Seller’s representations and warranties contained herein shall be deemed amended to conform to all matters disclosed in the REA Estoppel Certificate if it satisfies each of the REA Estoppel Criteria, is accepted by Buyer or is deemed accepted by Buyer.

Related to REA Estoppel Criteria

  • Estoppel Certificate As defined in Section 23.1(a).

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • SNDA means a Supplemental New Drug Application, as defined in the FDCA and applicable regulations promulgated thereunder.

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Urban renewal project means undertakings and activities of a municipality in an urban renewal area for the elimination and for the prevention of the development or spread of slums and blight, and may involve slum clearance and redevelopment in an urban renewal area, or rehabilitation or conservation in an urban renewal area, or any combination or part of them in accordance with an urban renewal plan. These undertakings and activities may include:

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • Approved Lease means (a) each existing Lease as of the Closing Date as set forth in the Leasing Affidavit and (b) each Lease entered into after the Closing Date in accordance with the terms and conditions contained in Section 9.09 as such leases and related documents shall be Modified as permitted pursuant to the terms of this Agreement.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Condominium Plan means a plan described in Section 4285.

  • Expandable condominium means a condominium to which additional land may be added in accordance with the provisions of the declaration and of this chapter.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Ground Lessor means each lessor that has executed a Ground Lease (collectively, the “Ground Lessors”).

  • Parking space leasing data means the following government data on an application for, or lease of, a parking space: residence address, home telephone number, beginning and ending work hours, place of employment, location of parking space, and work telephone number.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Rent Roll shall have the meaning set forth in Section 3.18 hereof.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Punchlist means a list of items of Work to be completed or corrected by Contractor after Substantial Completion. Punchlists indicate items to be finished, remaining Work to be performed, or Work that does not meet quality or quantity requirements as required in the Contract Documents.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Site Plan means a document or map that may be required by a county during a preliminary review preceding the issuance of a building permit to demonstrate that an owner's or developer's proposed development activity meets a land use requirement.

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.