Seller’s Estoppel definition

Seller’s Estoppel means the form of estoppel that may be executed and delivered by Seller at Closing in substantially the form attached hereto as SCHEDULE 11, as contemplated in Section 6.1(d) hereof.
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Seller’s Estoppel means an estoppel certificate of Seller in the form of EXHIBIT J, respecting one or more Tenant Leases.
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Seller’s Estoppel shall have the meaning ascribed to it in Section 9.3(a)(xiii).
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Examples of Seller’s Estoppel in a sentence

  • If the applicable Tenant shall thereafter provide a Tenant Estoppel Certificate to Purchaser, then such Seller’s Estoppel Certificate shall thereupon be null and void and of no further force or effect.

  • If Seller is unable to secure an Estoppel Certificate from a tenant or subtenant, then the Buyer will accept an Estoppel Certificate signed by Seller (“Seller’s Estoppel”) certifying the information contained in such Seller’s Estoppel and Seller shall deliver same to Buyer at least five (5) business days prior to Closing.

  • If Seller fails to deliver Seller’s Estoppel Cure Notice to Buyer within such three (3) Business Day time period, Seller shall be deemed to have elected not to cure such Estoppel Objection Matters.

  • Seller has caused this Seller’s Estoppel Certificate to be duly executed as of the __ day of _____________, 20__.

  • If Seller fails to deliver Seller’s Estoppel Cure Notice to Buyer within such time period, Seller shall be deemed to have elected to cure all such Estoppel Objection Matters.

  • If Sellers have satisfied the estoppel requirements for any Portfolio by delivering a Seller’s Estoppel for any Delayed Property, Seller shall update said Seller’s Estoppel stating the current status of facts at the Closing of such Delayed Property.

  • In no event shall Seller be obligated to deliver updates to the tenant estoppel certificate or Seller’s Estoppel.

  • If Purchaser subsequently receives an estoppel certificate from any Tenant for whom Seller has delivered a Seller’s Estoppel Certificate, Seller shall thereupon be released from liability to the extent that the information contained in the estoppel certificate obtained from the Tenant is consistent with the information contained in Seller’s Estoppel Certificate.

  • Notwithstanding Seller’s right to substitute the Seller’s Estoppel for some percentage of tenants in the small shops, the Seller’s Estoppel may not be used as a substitution for the Tenant Estoppel Certificate from the Anchor Tenant.

  • If Seller fails to deliver Seller’s Estoppel Cure Notice to Buyer within such time period, Seller shall be deemed to have elected not to cure any such Estoppel Objection Matters.


More Definitions of Seller’s Estoppel

Seller’s Estoppel means an estoppel certificate executed by a Seller in the form of Exhibit O to the Agreement.
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