Examples of Estoppel Objection Notice in a sentence
The Estoppel Objection Notice shall describe in reasonable detail each item of dissatisfaction or objection in particular (each, an “Estoppel Objection Matter” and collectively, the “Estoppel Objection Matters”).
Unless Seller receives an Estoppel Objection Notice within such five (5) Business Day period, Buyer shall be deemed to have approved all such Estoppel Certificates.
If Seller receives an Estoppel Objection Notice within such five (5) Business Day period, then Seller may, but shall not be obligated to, agree to cure some or all of the Estoppel Objection Matters described in such Estoppel Objection Notice by delivering written notice (“Estoppel Cure Notice”) to Buyer of Seller’s election to cure some or all of the Estoppel Obligation Matters within three (3) Business Days following Seller’s receipt of Buyer’s Estoppel Objection Notice.
If Seller receives an Estoppel Objection Notice within such five (5) Business Day period, then Seller may, but shall not be obligated to, agree to cure some or all of the Estoppel Objection Matters described in such Estoppel Objection Notice by delivering written notice (“Estoppel Cure Notice”) to Buyer of Seller’s election to cure some or all of the Estoppel Obligation Matters within two (2) Business Days following Seller’s receipt of Buyer’s Estoppel Objection Notice.
Unless Seller receives an Estoppel Objection Notice within such three (3) Business Day period, Buyer shall be deemed to have approved all such Estoppel Certificates.
If Seller receives an Estoppel Objection Notice within such three (3) Business Day period, then Seller may, but shall not be obligated to, agree to cure some or all of the Estoppel Objection Matters described in such Estoppel Objection Notice by delivering written notice (“Estoppel Cure Notice”) to Buyer of Seller’s election to cure some or all of the Estoppel Obligation Matters within one (1) Business Day following Seller’s receipt of Buyer’s Estoppel Objection Notice.
If Purchaser fails to timely submit an Estoppel Objection Notice to Seller with respect to any particular Tenant Estoppel Certificate, then such Tenant Estoppel Certificate shall be deemed to be acceptable to Purchaser.
If Buyer timely delivers the Estoppel Objection Notice, then Seller may, but shall not be obligated to, attempt to address the matters set forth in the Estoppel Objection Notice to the reasonable satisfaction of Buyer.
If Buyer fails to timely deliver the Estoppel Objection Notice to Seller, then Buyer shall be deemed to have waived Section 4.1.3 of the Agreement and thereafter shall proceed to close in accordance with the terms of the Agreement, as amended by this Amendment.
Unless any Seller receives an Estoppel Objection Notice by the Estoppel Objection Deadline, Buyer shall be deemed to have approved of each such Estoppel Certificate.