Common use of Consents and Estoppels Clause in Contracts

Consents and Estoppels. Buyer shall have received the following: (A) a duly executed Estoppel Certificate in the form attached as Exhibit K from the Lender; (B) duly executed Estoppel Certificates substantially in the form attached as Exhibit P from all tenants listed on Schedule 8.2(a)(iv) (the "Anchor Tenants"); (C) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXX; and (D) consents or waivers in form reasonably satisfactory to Buyer from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits J, K and P, if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel shall, at a minimum, confirm that the loan documents, lease or XXXXX which is the subject of the estoppel has not been modified or amended in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller (or its Affiliates) or such party pursuant to such loan documents, lease or XXXXX unless, as to such default, if such default is capable of cure, Seller agrees with Buyer prior to Closing to promptly remedy same at Seller's sole cost and expense which obligation shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)

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Consents and Estoppels. Buyer shall have received the following: (A) a duly executed Estoppel Certificate in the form attached as Exhibit K from the Lenderintentionally omitted; (B) intentionally omitted; (C) duly executed Estoppel Certificates substantially in the form attached as Exhibit P O from all tenants listed on Schedule 8.2(a)(iv) 8.2 (the "Anchor Tenants"); ) and (CD) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXX; and (DE) consents or waivers in form reasonably satisfactory to Buyer from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits I, J, K and PO, if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel estoppels shall, at a minimum, confirm that the Ground Lease, loan documents, lease or XXXXX which is the subject of the estoppel has not been modified or amended in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller Owner Entity (or its Affiliates) or such party pursuant to such Ground Lease, loan documents, lease or XXXXX unless, as to any such default, if such default is capable of cure, Seller agrees with Buyer prior to Closing to promptly remedy the same at Seller's sole cost and expense expense, which obligation shall survive Closing.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust)

Consents and Estoppels. Buyer shall have received the following: (A) a duly executed Estoppel Certificate in the form attached as Exhibit K from the LenderIntentionally Omitted; (B) Intentionally Omitted; (C) duly executed Estoppel Certificates substantially in the form attached as Exhibit P O from all tenants listed on Schedule 8.2(a)(iv) 8.2 (the "Anchor Tenants"); ) and (CD) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXXCOREA; and (DE) consents or waivers in form reasonably satisfactory to Buyer Xxxxx from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits I, J, K and PO, if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel estoppels shall, at a minimum, confirm that the Ground Lease, loan documents, documents lease or XXXXX COREA which is the subject of the estoppel has not been modified or amended amxxxxx in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller Owner Entity (or its Affiliates) or such party pursuant to such Ground Lease, loan documents, lease or XXXXX COREA unless, as to any such default, if such default is capable of curecuxx, Seller Xeller agrees with Buyer prior to Closing to promptly remedy the same at Seller's sole cost and expense expense, which obligation shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)

Consents and Estoppels. Buyer shall have received the following: (A) a duly executed Estoppel Certificate in the form attached as Exhibit K I from the LenderRDA pursuant to the RDA Lease; (B) a duly executed Estoppel Certificates substantially Certificate in the form attached hereto as Exhibit P I from all tenants listed on Schedule 8.2(a)(iv) (the "Anchor Tenants")lessor under the Food Court Lease; (C) Intentionally Omitted and (D) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXX; and (DE) consents or waivers in form reasonably satisfactory to Buyer from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits J, K I and P, J if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel estoppels shall, at a minimum, confirm that the Ground Lease, loan documents, lease or XXXXX which is the subject of the estoppel has not been modified or amended in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller Owner Entity (or its Affiliates) or such party pursuant to such Ground Lease, loan documents, lease or XXXXX unless, as to any such default, if such default is capable of cure, Seller agrees with Buyer prior to Closing to promptly remedy the same at Seller's sole cost and expense expense, which obligation shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)

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Consents and Estoppels. Buyer shall have received the following: (A) (intentionally omitted), (B) a duly executed Estoppel Certificate in the form attached as Exhibit K from the Lenderholder(s) of the Assumed Debt; (BC) duly executed Estoppel Certificates substantially in the form attached as Exhibit P O from all tenants listed on Schedule 8.2(a)(iv) 8.2 (the "Anchor Tenants"); ) and (CD) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXXCOREA; and (DE) consents or waivers in form reasonably satisfactory to Buyer Xxxxx from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits I, J, K and PO, if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel estoppels shall, at a minimum, confirm that the Ground Lease, loan documents, lease or XXXXX COREA which is the subject of the estoppel has not been modified or amended amxxxxx in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller Owner Entity (or its Affiliates) or such party pursuant to such Ground Lease, loan documents, lease or XXXXX COREA unless, as to any such default, if such default is capable of curecuxx, Seller Xeller agrees with Buyer prior to Closing to promptly remedy the same at Seller's sole cost and expense expense, which obligation shall survive Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pennsylvania Real Estate Investment Trust)

Consents and Estoppels. Buyer shall have received the following: (A) a duly executed Estoppel Certificate in the form attached as Exhibit K I from the LenderLandlord pursuant to the Ground Lease; (B) Intentionally Omitted; (C) duly executed Estoppel Certificates substantially in the form attached as Exhibit P O from all tenants listed on Schedule 8.2(a)(iv) 8.2 (the "Anchor Tenants"); ) and (CD) duly executed Estoppel Certificates substantially in the form attached as Exhibit J from the parties to any XXXXX; and (DE) consents or waivers in form reasonably satisfactory to Buyer from the parties to the documents identified on Schedules 10.3(a) and 10.3(b). Notwithstanding the reference to the forms attached as Exhibits I, J, K and PO, if the party from whom the estoppel is sought submits an estoppel in the form customarily used by such party, then the fact that the referenced form is not used shall not, in itself, cause such estoppel to fail to satisfy this condition, provided that such estoppel estoppels shall, at a minimum, confirm that the Ground Lease, loan documents, lease or XXXXX which is the subject of the estoppel has not been modified or amended in any material respect other than as heretofore disclosed by Seller to Buyer and, that there is no material default by Seller Owner Entity (or its Affiliates) or such party pursuant to such Ground Lease, loan documents, lease or XXXXX unless, as to any such default, if such default is capable of cure, Seller agrees with Buyer prior to Closing to promptly remedy the same at Seller's sole cost and expense expense, which obligation shall survive Closing.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Pennsylvania Real Estate Investment Trust)

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