Ground Lessor Consent. The Tenant Improvements are subject to Ground Lessor consent pursuant to the Ground Lease. Landlord shall use reasonable diligence to obtain the written consent of Ground Lessor to the Tenant Improvements that are otherwise acceptable to Landlord. Without limiting its right to otherwise withhold consent to Tenant Improvements pursuant to this Work Letter, Landlord shall be entitled to withhold its own consent to the Tenant Improvements to the extent they are not approved by the Ground Lessor on the terms and conditions of the Ground Lease.
Ground Lessor Consent. Estoppel Certificate and Consent between City of Cerritos and Cerritos Development Agency, as Landlord, Sunstone Center Court, LLC, as Tenant, Sunstone Holdco 8, LLC, as Parent, and Agent.
Ground Lessor Consent. Estoppel Certificate and Consent between MacArthur 450, LLC, as Landlord, Sunstone MacArthur, LLC, as Tenant, Sunstone Holdco 8, LLC, as Parent, and Agent.
Ground Lessor Consent. Notwithstanding anything to the contrary, Tenant acknowledges that the terms and provisions of this Lease are subject to the prior written consent of Ground Lessor. Accordingly, the effectiveness of this Lease is expressly contingent upon Landlord obtaining Ground Lessor’s consent on or before the date that is sixty (60) days after the Effective Date. Landlord shall use good faith efforts to obtain Ground Lessor’s consent within such sixty (60) day period and shall notify Tenant promptly upon obtaining Ground Lessor’s
Ground Lessor Consent. 5.11.1. Prior to Closing, CC Technology Seller shall use commercially reasonable efforts to obtain (i) the consent, approval or waiver of objection of Ground Lessor to the transactions described in this Agreement, as required under the Ground Lease (“Ground Lessor Consent”), (ii) a release of Seller from any obligations or liabilities accruing under the Ground Lease from and after Closing (“Ground Lessor Release”), (iii) a release of Ground Lease Guarantor from all of its obligations under the Ground Lease Guaranty (“Ground Lease Guaranty Release”), and (iv) an estoppel certificate from Ground Lessor in such form as may be required under the Ground Lease (“Ground Lessor Estoppel”). Purchaser shall cooperate in connection with any inquiries by Ground Lessor relating to Purchaser, the proposed sale, and Purchaser’s proposed operation of the Georgia Tech Hotel, including providing such information, documents and materials as Ground Lessor may require in connection therewith, and Purchaser shall execute such documents and agreements, to be effective as of the Closing, as may be reasonably required by Ground Lessor in connection with their consent to the assignment of the Ground Lease to Purchaser.
Ground Lessor Consent. From and after the Effective Date, Seller shall use good faith business efforts to obtain the following from Ground Lessor, in form and substance reasonably satisfactory to Seller and Purchaser: (A) Ground Lessor’s written consent, in accordance with the terms of Article 7-1(B) of the Ground Lease, to both (I) the assignment of Seller’s interest, as lessee, under the Ground Lease to Purchaser, and (II) the Post-Closing Intelsat Lease (as defined below), and (B) Ground Lessor’s written confirmation that (i) Seller shall have no liability under the Ground Lease on account of any act, occurrence or omission that occurs from and after Closing, in accordance with a “novation agreement” or similar document; (ii) Ground Lessor has not sent Seller any written notice of default under the Ground Lease that has not been cured and, to the best of Ground Lessor’s knowledge, Seller is in compliance with all of Seller’s monetary and material non-monetary obligations as ground lessee under the Ground Lease; (iii) Purchaser shall have no liability under the Ground Lease for acts, occurrences, omissions or obligations that accrued or occurred prior to the Closing (except for acts, occurrences or omissions of a continuing nature, provided that Purchaser’s liability shall be limited to acts, occurrences or omissions accruing from after the Closing), and (iv) from and after the Closing, to the best of Ground Lessor’s knowledge, fee simple title to the Improvements will vest in Purchaser. The consent and confirmation described in the immediately preceding sentence are referred to collectively as the “Ground Lessor Consent.” It is understood that in the event the Ground Lessor does not confirm the matters set forth in clauses (ii) and (iii) above (the “Ground Lessor No Default Confirmation”), then Purchaser shall rely exclusively on the Liability Cap Increase Representation, and the failure by the Ground Lessor to confirm the absence of defaults by Seller shall not, by itself, result in a failure of the conditions precedent set forth in Sections 8.1.1 and 8.2.1. Further, Ground Lessor’s failure to include the confirmation set forth in clause (iv) above shall not, by itself, result in a failure of the conditions precedent set forth in Sections 8.1.1 and 8.2.1. If required by Ground Lessor, Seller and Purchaser shall Table of Contents provide to Ground Lessor any and all information or certifications requested by Ground Lessor in connection with obtaining Ground Lessor’s consent t...
Ground Lessor Consent. The Ground Lessor shall have issued the Ground Lessor’s Consent (defined in Section 8.1(d) above).
Ground Lessor Consent. The ground lessor under the Ground Lease shall have executed and delivered the Ground Lease Consent, Assignment and Assumption. If any condition specified in this Section 9.2 is not satisfied (or waived by Seller in writing) by the Scheduled Closing Date, then, subject to Section 5.8, Seller shall have the right to terminate this Agreement by giving written notice of such termination to Buyer and Escrow Agent by the Scheduled Closing Date (but, in any event, before Closing actually occurs), in which event the Escrow Agent shall deliver the Deposit to Seller, unless the failure is of Section 9.2.3, in which event the Deposit and the Upfront Deposit shall be returned to Buyer.
Ground Lessor Consent. Ground Lessor shall issued the Ground Lessor Consent.
Ground Lessor Consent. Landlord shall obtain the written consent of Stanford to this Seventh Amendment within sixty (60) days after the Reference Date.
