Common use of Acceptance Certificate Clause in Contracts

Acceptance Certificate. From the Contract Date until Closing, the Operating Partnership shall determine in its reasonable and good faith judgment whether or not the Real Property and the Leases are suitable and satisfactory for the Operating Partnership’s intended use of the Real Property and comply with all requirements for the general partner of the Operating Partnership to qualify and continue to qualify as a REIT. The Operating Partnership will notify the Contributor in writing on or before the Closing that the Operating Partnership has made such a determination and intends to proceed with the acquisition of the Contributor’ LLC Interests (such writing referred to herein as the “Acceptance Certificate”).

Acceptance Certificate. From the Contract Effective Date until Closing, the Operating Partnership shall have the right to determine in its reasonable and good faith judgment whether or not the Real Property and the Leases are is suitable and satisfactory for the Operating Partnership’s intended use of the Real Property and comply with all requirements for the general partner of the Operating Partnership to qualify and continue to qualify as a REITProperty. The Operating Partnership will notify the Contributor Contributors in writing writing, on or before the Closing Closing, that the Operating Partnership has made such a determination and intends to proceed with the acquisition of the ContributorContributors’ LLC Interests Entire Partnership Interest (such writing referred to herein as the “Acceptance Certificate”).

Acceptance Certificate. From the Contract Effective Date until Closing, the Operating Partnership shall have the right to determine in its reasonable and good faith judgment whether or not the Real Property and the Leases are is suitable and satisfactory for the Operating Partnership’s intended use of the Real Property and comply with all requirements for the general partner of the Operating Partnership to qualify and continue to qualify as a REITProperty. The Operating Partnership will notify the Contributor Contributors in writing writing, on or before the Closing Closing, that the Operating Partnership has made such a determination and intends to proceed with the acquisition of the ContributorContributors’ Entire LLC Interests Interest (such writing referred to herein as the “Acceptance Certificate”).

Acceptance Certificate. From the Contract Date until Closing, the Operating Partnership shall have the right to determine in its reasonable and good faith judgment whether or not the Real Property and the Leases are is suitable and satisfactory for the Operating Partnership’s intended use of the Real Property and comply with all requirements for the general partner of the Operating Partnership to qualify and continue to qualify as a REITProperty. The Operating Partnership will notify the Contributor Contributors in writing on or before the Closing that the Operating Partnership has made such a determination and intends to proceed with the acquisition of the ContributorContributors’ LLC Interests (such writing referred to herein as the “Acceptance Certificate”).