Examples of Land Agreement in a sentence
Attached to this Estoppel as Exhibit A is a true, complete and correct copy of the Land Agreement and constitutes the complete agreement between Landowner and Project Company with respect to the Land Agreement and the property that is subject to the Land Agreement (the “Property”).
Neither Landowner nor Project Company is in default of any of the terms and provisions of the Land Agreement nor is there now any fact or condition which, with notice or lapse of time or both, will become a default by Landowner or Project Company under the Land Agreement.
Landowner expressly acknowledges and affirms the rights of Lender as a Leasehold Mortgagee under Section 19 of the Land Agreement.
All payments or other charges that are due by Project Company to Landowner under the Land Agreement have been paid as of the date of this Estoppel.
Landowner has not received any notice from or on behalf of Project Company of any defenses, offsets, credits or counterclaims to the enforcement of the Land Agreement.