Common use of REA Estoppel Certificates Clause in Contracts

REA Estoppel Certificates. Buyer’s review and approval of estoppel certificates from all parties to or owners of property subject to any REAs. Seller shall use good faith efforts to obtain and deliver to Buyer REA estoppel certificates in form and substance satisfactory to Buyer from any REA Party. For any REA Party that Seller is not able to deliver an REA estoppel certificate, Existing Owner shall execute and deliver to Buyer Existing Owner’s own estoppel certificate covering the information which would otherwise have been included in that REA Party’s estoppel certificate; provided, however, that Buyer shall not be obligated to accept or approve any estoppel executed by Existing Owner if Buyer has reason to believe any statement contained therein would be disputed or denied by the applicable REA Party. Said certificates shall be delivered at least five (5) business days prior to the Closing and shall be dated no earlier than fifteen (15) business days prior to the Closing Date.

REA Estoppel Certificates. Buyer’s review and approval of estoppel certificates from all parties to or owners of property subject to any REAs. Seller shall use good faith efforts to obtain and deliver to Buyer REA estoppel certificates in form and substance satisfactory to Buyer from any REA Party. For any REA Party that Seller is not able to deliver an REA estoppel certificate, Existing Owner Seller shall execute and deliver to Buyer Existing OwnerSeller’s own estoppel certificate covering the information which would otherwise have been included in that REA Party’s estoppel certificate; provided, however, that Buyer shall not be obligated to accept or approve any estoppel executed by Existing Owner Seller if Buyer has reason to believe any statement contained therein would be disputed or denied by the applicable REA Party. Said certificates shall be delivered at least five (5) business days prior to the Closing and shall be dated no earlier than fifteen (15) business days prior to the Closing Date.

REA Estoppel Certificates. Buyer’s review and approval of estoppel certificates from all parties to or owners of property subject to any REAs. Seller shall use good faith efforts to obtain and deliver to Buyer REA estoppel certificates in form and substance satisfactory to Buyer from any REA Party. For any REA Party that Seller is not able to deliver an REA estoppel certificate, Existing Owner Seller shall execute and deliver to Buyer Existing OwnerSeller’s own estoppel certificate covering the information which would otherwise have been included in that 34 REA Party’s estoppel certificate; provided, however, that Buyer shall not be obligated to accept or approve any estoppel executed by Existing Owner Seller if Buyer has reason to believe any statement contained therein would be disputed or denied by the applicable REA Party. Said certificates shall be delivered at least five (5) business days prior to the Closing and shall be dated no earlier than fifteen (15) business days prior to the Closing Date.