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

  • 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.

  • The Management Committee assures that staff and other resources are provided to prepare and implement the GSP and administer the governance for the Wyandotte Creek GSA.The Wyandotte Creek GSA will not have any employees.

  • 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 time period, Seller shall be deemed to have elected to cure all such Estoppel Objection Matters.

  • In the event that an individual Seller elects to deliver such a Seller’s Estoppel, each statement therein made by such Seller shall constitute warranties and representations by such Seller hereunder which shall survive for a period terminating on the earlier of (i) December 28, 2006, or (ii) the date on which Buyer has received an executed Tenant Estoppel signed by the applicable Tenant under the Lease in question that is not inconsistent with Seller’s Estoppel.

  • 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.

  • 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.

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

  • 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.


More Definitions of Seller’s Estoppel

Seller’s Estoppel shall have the meaning ascribed to it in Section 9.3(a)(xiii).
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Related to Seller’s Estoppel

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

  • Seller’s Closing Documents as defined in Section 3.2(a).

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

  • 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.

  • Buyer Closing Certificate has the meaning set forth in Section 7.03(d).

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

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Seller’s Counsel has the meaning set forth in Section 10.13(a).

  • 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.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Seller has the meaning set forth in the preamble.

  • Seller Use means fuel used for gas compression, LPG plants and LNG plants, other gas needed by Seller's facilities to furnish the requirements of Buyers, together with unaccounted for gas. This gas shall be considered included in Priority of Service Category 1. Other vital uses of Seller, such as flame stabilization requirements, will be met as long as such uses do not jeopardize service to its firm service Buyers.

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Sellers has the meaning set forth in the preamble.

  • Pre-Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Closing Instrument means the closing instrument of the Trust, pursuant to which the Indenture is entered into, and certain other documents are executed, in connection with the issuance of the Notes by the Trust.

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Seller’s Representatives means Seller’s accountants, employees, counsel, environmental consultants, financial advisors, and other representatives.

  • Final Closing Statement has the meaning set forth in Section 2.5(d).

  • Seller Parties has the meaning set forth in the preamble to this Agreement.

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

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

  • FIRPTA means the Foreign Investment in Real Property Tax Act of 1980, as amended.

  • Seller Ancillary Documents means all agreements, instruments and documents being or to be executed and delivered by Seller or any of its Affiliates under this Agreement or in connection herewith.