Estoppel Agreement definition
Examples of Estoppel Agreement in a sentence
The payment of any Management Fees over and above an amount equal to 3% of Gross Revenues shall be subordinate to all payments to be made to Lender as provided in the Management, Subordination and Estoppel Agreement among Lender, Borrower and Manager of even date herewith.
In the event of any such delay, Tenant shall execute a Commencement and Estoppel Agreement as provided in Article 2, specifying the date on which possession of the Premises was tendered by Landlord.
As a condition to the obligations of Parent and Merger Sub to consummate the Merger, the Company shall have caused HMSI to enter into and execute a Third Amendment to Affiliation Agreement, Second Amendment to Profit Sharing Release and Second Amendment to Estoppel Agreement with each of HMSI's Franchisees, upon terms and conditions satisfactory to Parent in its sole discretion.
With respect to each of the Ground Leases, the ------------- Purchaser shall have received (a) a recordable form of such Ground Lease (or memorandum thereof) if the Ground Lease has not been recorded in the appropriate public records; and (b) the Estoppel Agreement.
The parties agree that they shall execute an agreement specifying the Rent Commencement Date and the date of termination of this Lease and such other matters as Landlord may require (the "Commencement and Estoppel Agreement" attached hereto as Exhibit D).