Required Estoppel Certificates definition

Required Estoppel Certificates as such term is defined in Section 4.3 hereof.
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Required Estoppel Certificates has the meaning set forth in Section 8.04.
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Required Estoppel Certificates means estoppel certificates and subordination and non-disturbance and attornment agreements from the Tenants pursuant to the Required Leases on the forms attached to their respective Leases, or if none are so attached, substantially in the forms of Exhibit G and Exhibit H attached hereto, modified if required to conform to the provisions of the Required Leases, or as otherwise agreed to by Purchaser, except that no Required Estoppel Certificate shall be deemed defective merely by reason of the fact that a Tenant has qualified any statement contained therein by a “best of knowledge” or similar standard.
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Examples of Required Estoppel Certificates in a sentence

  • On or before the date which is three (3) business days prior to the Closing Date (the “Estoppel Delivery Date”), Seller shall have delivered to Buyer the Required Estoppel Certificates, in substantially the form of the Prepared Estoppel approved (or deemed approved) by Buyer prior to their distribution to tenants (or in the form a tenant is required to deliver under its Lease) (the “Estoppel Delivery Condition”).

  • Partnership shall use commercially reasonable efforts to obtain such Required Estoppel Certificates and Additional Estoppel Certificates prior to Closing.

  • If, despite the use of commercially reasonable efforts, Seller is unable to obtain the Required Estoppel Certificates to satisfy the Estoppel Delivery Condition or declines to provide a Seller’s Estoppel for any particular tenant, the same shall not be considered a default on the part of Seller, but rather a failure of a condition precedent to Closing.

  • The Sellers shall deliver to the Purchaser, on or before the Closing Date, Estoppel Certificates for each tenant under a lease for more than 5,000 square feet of rentable space in any Shopping Center, and for not less than seventy-five percent (75%) of the other tenants on an individual Shopping Center basis (collectively, the "Required Estoppel Certificates").

  • Strategic shall provide reasonable assistance to Partnership in connection with obtaining such Required Estoppel Certificates and Additional Estoppel Certificates.

  • Except for the delivery of the Required Estoppel Certificates and the Required BCR Consents, which is governed by Section 6.1(d) below, the BCR Entities and BCR Individuals transferring BCR Transferred Interests at such Closing or Development Property Closing have delivered all of the items required to be delivered to Forest City pursuant to Section 5.3 (other than deliveries under Sections 5.3(h), 5.3(i) and 5.3(j) and 5.3(k)) or Section 5.5 for such Closing or Development Property Closing.

  • Purchaser hereby (i) acknowledges that the Required Estoppel Certificates have been delivered as required under Section 8(B) of the Purchase Agreement, (ii) waives its right to terminate the Purchase Agreement with respect to the Pre-Closing Disclosure made in that certain letter dated June 10, 1999, from Seller's counsel to Purchaser's counsel, and (iii) acknowledges that the condition precedent contained in Section 8(G) of the Purchase Agreement has been satisfied.

  • Notwithstanding the foregoing, Sellers shall have the right (but not the obligation) to deliver Sellers' estoppel certificates in lieu of the Required Estoppel Certificates for Tenants other than Required Tenants.

  • Xxxxxxxx, M.D., P.C.; (v) Corneal Consultants; and (vi) The Otolaryngology Group; and in the form and content as set forth herein (the aforesaid acceptable Estoppel Certificates to be delivered are collectively referred to as the "Required Estoppel Certificates").

  • At least two (2) Business Days prior to the Closing Date, Buyer shall have received copies (with originals to be provided at Closing) or originals of the Required Estoppel Certificates obtained (and, if applicable, any Sellers' estoppel certificates delivered) pursuant to Section 8.04.


More Definitions of Required Estoppel Certificates

Required Estoppel Certificates means the estoppel certificates in the forms attached hereto as Exhibits D-1 and D-2.
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Required Estoppel Certificates means the Estoppel Certificates with respect to all of the Leases listed on Schedule 1.1K.
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Related to Required Estoppel Certificates

  • 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.

  • 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.

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

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

  • Delay Delivery Mortgage Loans The Mortgage Loans for which all or a portion of a related Mortgage File is not delivered to the Trustee or to the Custodian on its behalf on the Closing Date. The number of Delay Delivery Mortgage Loans shall not exceed 25% of the aggregate number of Mortgage Loans as of the Closing Date.

  • 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.

  • Closing Date Mortgaged Property as defined in Section 3.1(h).

  • Servicing Certificate A certificate completed and executed by a Servicing Officer on behalf of the Master Servicer in accordance with Section 4.01 of the Servicing Agreement.

  • Required Consent has the meaning set forth in Section 4.4.

  • 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.”

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Customary Post-Closing Consents means the consents and approvals from Governmental Authorities for the assignment of the Assets to Buyer that are customarily obtained after the assignment of properties similar to the Assets.

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

  • 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;

  • Required Consents shall have the meaning set forth in Section 4.5.

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

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

  • 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.

  • Required Special Servicer Rating means with respect to a special servicer (i) in the case of Fitch, a rating of “CSS3”, (ii) in the case of S&P, such special servicer is on S&P’s Select Servicer List as a U.S. Commercial Mortgage Special Servicer, (iii) in the case of Xxxxx’x, such special servicer is acting as special servicer for one or more loans included in a commercial mortgage loan securitization that was rated by Xxxxx’x within the twelve (12) month period prior to the date of determination, and Xxxxx’x has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage loans, (iv) in the case of Morningstar, such special servicer has a ranking by Morningstar equal to or higher than “MOR CS3” as a special servicer, provided that if Morningstar has not issued a ranking with respect to such special servicer, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by a Rating Agency within the twelve (12) month period prior to the date of determination, and Morningstar has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities, (v) in the case of KBRA, KBRA has not cited servicing concerns of such special servicer as the sole or material factor in any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade or withdrawal) of securities in a transaction serviced by such special servicer prior to the time of determination, and (vi) in the case of DBRS, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by DBRS within the twelve (12) month period prior to the date of determination and DBRS has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities as a material reason for such downgrade or withdrawal.

  • Cooperative Lease With respect to a Cooperative Loan, the proprietary lease or occupancy agreement with respect to the Cooperative Apartment occupied by the Mortgagor and relating to the related Cooperative Stock, which lease or agreement confers an exclusive right to the holder of such Cooperative Stock to occupy such apartment.

  • type-approval certificate means the document whereby the approval authority officially certifies that a type of vehicle, system, component or separate technical unit is approved;

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

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

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

  • Necessary preconstruction approvals or permits means those permits or approvals required under federal air quality control laws and regulations and those air quality control laws and regulations which are part of the applicable State Implementation Plan.