Estoppel definition

Estoppel means an agreement in substantially the form of Exhibit J or any other form approved by the Administrative Agent.

Estoppel has the meaning set forth in Section 4.25(A).

Estoppel means, with respect to a Ground Lease, a separate letter agreement from the applicable Ground Lessor that (i) confirms that the Ground Lessor is the owner of the underlying fee or leasehold estate, as applicable, and that the Ground Lease is in full force and effect and (ii) obligates the applicable Ground Lessor to provide to the Indenture Trustee and Servicer certain rights with respect to the Ground Lease including (a) notice of default by tenant and an opportunity to cure such default and (b) an opportunity to enter into a new Ground Lease on termination of the existing Ground Lease.

Examples of Estoppel in a sentence

• Sublessee's failure to deliver a Sublessee Estoppel as requested shall, at Sublessor's option, constitute a default by Sublessee under this Sublease, and authorize Sublessor to execute a Sublessee Estoppel for and on behalf of, and conclusive and binding upon, Sublessee (provided so executed based on Sublessor's good faith and actual knowledge).

• The Association shall, upon demand at any time, and in compliance with Section 720.30851 of the Association Act, provide a certificate signed by an Officer or authorized agent of the Association stating all Assessments and other moneys owed to the Association by the subject Owner with respect to the subject Residential Property ("Estoppel Certificate").

• Prospective purchasers and encumbrancers may rely upon the Requesting Party's Estoppel Certificate, and the Responding Party shall be estopped from denying the truth of the facts contained in said Certificate.

• Nothing contained in this MOU shall, by express grant, implication, Estoppel or otherwise, create in either Party any right, title, interest, or license in or to the intellectual property (including but not limited to know- how, inventions, patents, copy rights and designs) of the other Party.

• Unless sold or conveyed by or to Declarant, no Residential Property may be sold or conveyed unless an Estoppel Certificate is obtained and all amounts set forth therein are paid prior to the sale or conveyance.

More Definitions of Estoppel

Estoppel means an estoppel certificate or other statement in the form attached hereto as Exhibit C or otherwise in form and substance reasonably satisfactory to the Buyer and the Buyer’s financing sources from a tenant under a Space Lease, duly executed by the applicable tenant and with the required factual information inserted but with only the following additional changes by the applicable tenant: (a) non-material modifications thereof, (b) such tenant making note of items which constitute Permitted Liens, (c) modifications thereof to conform the same to the applicable Space Lease, and/or (d) such tenant referencing a general condition statement such as “we reserve all rights” (or words of similar import) or limiting its statements “to tenant’s knowledge” (or words of similar import, but excluding reservations relating to specific issues or alleged defaults).

Estoppel means the principle which precludes a person from asserting something contrary to what is implied by a previous action or statement of that person or by a previous pertinent judicial determination on the foundation of this here-said agreement.

Estoppel. For each Lease, a document substantially in the form of Exhibit A or the form required by such Lease, signed by the Tenant thereunder, with the applicable information inserted in the blanks in such form, and not materially and adversely inconsistent with the corresponding information contained in such Lease or otherwise provided to Buyer by Sellers or the applicable Manager in writing prior to the Approval Date, except for changes permitted hereunder; and except that, if an Estoppel is not obtained from any Tenant by Closing, a document substantially in such form, with such information, that is signed by the applicable Seller as landlord (but limited to such Seller’s Knowledge) shall qualify as an Estoppel for purposes hereof.

Estoppel as defined in Section 4.28(f).

Estoppel merely means that, under the rules of the adversary system of procedure upon which the common law of England is based, a party is not allowed, in certain circumstances, to prove in litigation particular facts or matters which, if proved, would assist him to succeed as plaintiff or defendant in an action...

Estoppel has the meaning provided in Section 3.1(b)(xvi).

Estoppel means an Estoppel Certificate completed and executed by Seller as tenant under the Lease Agreement, which Estoppel Certificate shall be in substantially the form reasonably required by Purchaser's mortgage lender.