Ground Lease Estoppel Certificate. Borrower shall from time to time within ten (10) Business Days of Lender’s request to make a request to Ground Lessor to obtain and deliver (or cause to be delivered) to Lender, an estoppel certificate, from the Ground Lessor in form and substance reasonably acceptable to Lender, but such estoppel certificate shall not be inconsistent with applicable limitations set forth in the Ground Lease.
Ground Lease Estoppel Certificate. The Company shall endeavor in good faith (but without obligation to make any payment to the City of Cerritos or The Cerritos Redevelopment Agency) to obtain and deliver to Purchaser prior to Closing a written Ground Lease Estoppel Certificate in the form attached hereto as EXHIBIT "H" signed by the City of Cerritos and The Cerritos Redevelopment Agency; provided that delivery of such signed Ground Lease Estoppel Certificate shall be a condition of Closing only to the extent set forth in Section 6.1(e) hereof; and in no event shall the inability or failure of the Company to obtain and deliver said Ground Lease Estoppel Certificate (the Company having used its good faith efforts as set forth above) be a default of Seller or the Company hereunder.
Ground Lease Estoppel Certificate. Sellers shall have delivered the Ground Lease Estoppel Certificate dated no later than thirty (30) days prior to the Closing Date, provided, however, if Purchaser elects to extend the Scheduled Closing Date pursuant to and in accordance with Section 18 below, then such 30-day period shall be increased by the amount of days by which Purchaser so extends the Scheduled Closing Date (i.e., if Purchaser extends the Scheduled Closing Date for ten (10) days, the Ground Lessor Estoppel shall be dated no later than forty (40) days prior to the Closing Date). Purchaser shall have no right to object to the Ground Lease Estoppel Certificate which references a general conditional statement by Ground Lessor such as "we reserve all rights".
Ground Lease Estoppel Certificate. Seller shall have delivered to Buyer an estoppel certificate executed by the lessor under the Ground Lease, which states that (i) the Ground Lease is unmodified [except for (a) that certain Ground Lease dated April 12, 2000, by and between Birchwood Farms Mobile Home Park, Inc., a Michigan corporation, as lessor, and Hometown Birchwood, L.L.C., a Delaware limited liability company, as lessee, as amended by that certain Ground Lease Estoppel and Amendment to Lease dated July 31, 2007, as amended by that certain Addendum No. 2 to Option Agreement and Amendment No. 1 to Ground Lease dated June 30, 2005, and (b) Option Agreement dated April 12, 2000, by and between Birchwood Farms Mobile Home Park, Inc., as optioner, and Hometown Birchwood, L.L.C., as optionee, as amended by that certain Amendment No. 1 to Option Agreement dated February 18, 2004, and further amended by that certain Addendum No. 2 to Option Agreement and Amendment No. 1 to Ground Lease dated June 30, 2005, each as assigned to ARCML06 LLC pursuant to that certain Assignment of Lease – Option Agreement dated July 31, 2007], is in full force and effect, and the dates to which rent and other charges are paid in advance, (ii) there are no uncured defaults by Seller or specifying any claimed defaults, and (iii) that Buyer may rely on the estoppel certificate.
Ground Lease Estoppel Certificate. Seller shall deliver to Buyer an executed estoppel certificate from the landlord of the Ground Leased Target Property substantially in the form attached hereto as Exhibit O or in the form expressly required under the ground lease relating to the Ground Leased Target Property.
Ground Lease Estoppel Certificate. Buyer shall have received (i) the executed Ground Lease Estoppel Certificate, or (ii) a written acknowledgment from Seller that Buyer did not receive the Ground Lease Estoppel Certificate and that the provisions of Section 10.2(c) are applicable.
Ground Lease Estoppel Certificate. Delivery to Buyer of an estoppel certificate relating to the Ground Lease (“Ground Lease Estoppel Certificate”) signed by the City in substantially the form attached hereto as Exhibit 9.1.7.
Ground Lease Estoppel Certificate. An estoppel certificate in the form of Exhibit B attached hereto (“Ground Lease Estoppel Certificate”) executed by A&M.
Ground Lease Estoppel Certificate. Xxxxxxxx Street Real Estate, LLC (and its affiliates, “HSRE”) 000 Xxxx Xxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxxx 00000 Attn: Xxxx Xxxxxxxxx IRET Properties, a North Dakota Limited Partnership 000 XxXxxxx Xxxxxx, Xxxxx 0000 Xxxxxxxxxxx, XX 00000 Attn: Xxxx Xxxxx RE: Garden View Medical Building, St. Xxxx, Minnesota (“Property”) To Whom It May Concern: Reference is made to that certain Ground Lease between Lessee, and the undersigned, as Lessor, together with all amendments thereto (collectively, the “Ground Lease”). The real property (the “Property”) which is the subject of the Ground Lease is described in Schedule 1 attached hereto and made a part hereof. Capitalized terms such as Ground Lease, Lessor, and Lessee are defined in Schedule 1, and capitalized terms not defined herein shall have the meaning ascribed in the Ground Lease. Lessee hereby represents to the Benefitted Parties (as defined below) that the following statements are true and correct as of the date hereof:
Ground Lease Estoppel Certificate. In accordance with Section 7(g) of the Contract, as amended, Buyer and Seller are to agree upon the form of Ground Lease Estoppel Certificate, which agreement is to be confirmed by an amendment to the Contract with the form of Ground Lease Estoppel Certificate attached. Buyer and Seller confirm that the foregoing covenant has been satisfied. Attached as Exhibit “1” is the form of Ground Lease Estoppel Certificate.
