Estoppel Letter definition

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.

Estoppel Letter means a document executed by the Co-op Corporation certifying, with respect to a Co-op 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 Co-op 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 Co-op Corporation have been paid.

Estoppel Letter means an estoppel letter in form and substance reasonably satisfactory to the Special Limited Partner delivered to the Partnership from each Lender which certifies as to each Mortgage Loan (i) that there is no default ongoing pursuant to the Mortgage Loan Documents, (ii) the amounts of interest and principal paid on such Mortgage Loan to date and (ii) the outstanding principal balance of such Mortgage Loan.

Examples of Estoppel Letter in a sentence

• The alignment of Westrich Drive follows closely to the alignment of the existing Westrich Drive however there is a substantial elevation difference between the existing and the proposed road levels.The re-aligned Westrich Drive will require a 1:2 batter at the limit of construction which is at approximately at Chainage 480.

• Sales agents must request an Estoppel letter from the Management Company.

• An Estoppel Fee is determined at $25.00 per Estoppel letter provided by the District and may be changed from time to time in accordance with the law.

• She advised the attorney for Midtown Opportunities that she would present the letter to the Board and there was a cost for these types of reviews; the attorney advised that Midtown Opportunities would pay for any fees associated with the review of these documents, which would include Legal, Engineering and Management fees, in conjunction with issuance of the Estoppel letter, identical or similar to the one provided.

• Present: Joyce Malone, Real Property Manager Heidi Dudderer, Assistant County Attorney Commissioner Jarboe moved, seconded by Commissioner Dement, to approve and authorize the Commissioner President to sign tenant’s Estoppel letter for new owner of space leased by the Office of the Sheriff, Unit 8, St. Mary’s Square Shopping Center.

More Definitions of Estoppel Letter

Estoppel Letter means a statement of the amount of:

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. Exchange Act: The Securities Exchange Act of 1934, as amended.

Estoppel Letter. A document certifying, with respect to a Co-op Loan, (i) the appurtenant Co-op Lease will be in full force and effect as of the date of issuance thereof, (ii) the related Co-op Stock was registered in the Mortgagor's name and there has been no notice of any lien upon, pledge of, levy of execution on or disposition of such Co-op Stock, and (iii) the Mortgagor is not in default under the appurtenant Co-op Lease and all charges due have been paid.

Estoppel Letter means an estoppel letter, subordination and nondisturbance agreement or other agreement, waiver or confirmation executed by any bailee or lessor which owns or operates any location where any Credit Party maintains any of the Collateral, each of which shall be in substantially the form of Exhibit N hereto or such other form as shall be acceptable to the Purchaser in its sole discretion.

Estoppel Letter means that certain Estoppel Letter, dated as of the Closing Date, executed and delivered to the Agents and the Lenders by each of the Obligors in connection with the transactions contemplated by the Purchase Agreements.

Estoppel Letter has the meaning set forth in Section 1.9(a)(viii).

Estoppel Letter is defined in Section 3.2.3(a)(iii). “Excluded Liabilities” is defined in Section 2.2.2.