Rejected Estoppel Certificate definition

Rejected Estoppel Certificate means an Estoppel Certificate disapproved by Buyer as a result of the Tenant modifying the Estoppel Certificate in a manner which results in the failure of the Estoppel Certificate to confirm a material provision of or amount due under the applicable Retail Lease, or identifies a material default under such Retail Lease or any material claim against Seller, as determined in Buyer’s reasonable discretion. Buyer's failure to timely disapprove an Estoppel Certificate within three (3) business days after receipt of same shall be deemed Buyer's approval thereof. If, as a result of the Defeasance, the Closing takes place on or after April 26, 2017, then updated Estoppel Certificates will be required to be obtained using the same process as set forth above.

Related to Rejected Estoppel Certificate

  • 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.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Closing Notice Has the meaning specified in the NPA. Company: Has the meaning specified in the first paragraph of this Trust Supplement.

  • Substitution Notice has the meaning specified in Section 2.17 (Substitution of Lenders).

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Real Property Deliverables means each of the following agreements, instruments and other documents in respect of each Facility:

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • 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.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

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

  • Closing Certificate means the closing certificate of the Company in the form of Exhibit B hereto.

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

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • 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).

  • Occupancy Certificate means the occupancy certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructure such as water, sanitation and electricity;

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • NOTICE TO PURCHASERS The information provided is the representation of the Sellers and is based upon the actual knowledge of Sellers as of the date noted. Disclosure by the Sellers is not a substitute for an inspection by an independent home inspection company, and you may wish to obtain such an inspection. The information contained in this statement is not a warranty by the Sellers as to the condition of the property of which the Sellers have no knowledge or other conditions of which the Sellers have no actual knowledge. Rev 03-30-2020 How long have you owned the property? Property System: Water, Sewage, Heating & Air Conditioning ( Answer all that apply) Water Supply Public Well Other Sewage Disposal Public Septic System approved for (# bedrooms) Other Type Garbage Disposal Yes No Dishwasher Yes No Heating Oil Natural Gas Electric Heat Pump Age Other Air Conditioning Oil Natural Gas Electric Heat Pump Age Other Hot Water Oil Natural Gas Electric Capacity Age Please indicate your actual knowledge with respect to the following: Other