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Estoppels definition

Estoppels means the estoppel certificates to be obtained pursuant to Section 9.3.
Estoppels shall have the meanings assigned thereto in Section 3.3(a)(xiv).
Estoppels shall have the meaning set forth in Section 3.1.22.

Examples of Estoppels in a sentence

  • Each Seller shall use commercially reasonable efforts to obtain the prompt return of the executed Ground Lessor Estoppels in substantially the same form as Exhibit C attached hereto from each Ground Lessor, without the obligation to make any payments or grant any concessions under the Ground Leases.

  • Each Seller shall use commercially reasonable efforts to obtain the prompt return of the executed Tenant Estoppels in substantially the same form as Exhibit A attached hereto from each Tenant at such Seller’s Property prior to the Closing, without the obligation to make any payments or grant any concessions under the Leases.

  • The signed certificates are referred to herein as the "Tenant Estoppels".

  • Each Tenant Estoppel shall be in a form substantially similar to Exhibit “D” attached hereto, and in addition, no later than three (3) Business Days prior to the date on which Seller intends to distribute the Tenant Estoppels to the Tenants for their completion and execution, Seller shall deliver the draft estoppel certificates to Buyer for Buyer’s review and approval, which approval shall not be unreasonably withheld.

  • Seller has not received from any Tenant or any other Person written notice of any claim (other than for customary refund at the expiration of a Lease) to all or any part of any security deposit, except as set forth on the Rent Roll and/or the Tenant Estoppels.


More Definitions of Estoppels

Estoppels means all of the Tenant Estoppels and Landlord Estoppels. If Seller delivers a Landlord Estoppel to Buyer and thereafter delivers a Tenant Estoppel applicable to the Lease to which the Landlord Estoppel applied and conforming to the requirements of this Section and Section 6.3 below, the original of the Landlord Estoppel shall be returned to Seller, and Seller (and any principal, agent or representative of Seller signing the Landlord Estoppel) shall have no liability or obligation arising under or with respect to or as a result of delivery of the Landlord Estoppel. All Estoppels shall contain the following statement: “Tenant is required to pay real estate taxes, insurance and its proportionate or pro-rata share of Common Area Maintenance expenses in accordance with the terms expressly stated in the Lease.” As to Leases which prescribe the form of tenant estoppel certificate, notwithstanding that the lease-prescribed form may not include such statement, Seller agrees to include the above-quoted statement in the estoppel submitted to the Tenant. However, Buyer agrees, as to those Leases prescribing the form of estoppel and not including the quoted statement, the Tenant’s modification of or refusal to retain the quoted statement in the Estoppel shall not be grounds for Buyer’s objection to the Estoppel under Section 6.3.
Estoppels. (or individually, an “Estoppel”) shall mean the estoppel certificates substantially in the respective forms attached hereto as Exhibit M, or such other form as may be required by the applicable document being addressed by the estoppel.
Estoppels means, collectively, the Landlord Estoppels and the Easement Estoppels.
Estoppels means the following written statements, in form acceptable to Buyer, in the exercise of its reasonable discretion: (i) a statement by Raytheon Company that the Raytheon Agreement is valid and enforceable, that it is in full force and effect as of the Closing Date, that it has not been amended or modified from its original date of execution, that neither Veritas Software Corporation, Veritas Operating Corporation VS Trust 1999-1 nor Seller (formerly known as Symantec Corporation) has defaulted under the Raytheon Agreement, and that there are no outstanding claims relating to the Real Property by Raytheon against Veritas Software Corporation, Veritas Operating Corporation VS Trust 1999-1, or Seller, formerly known as Symantec Corporation and (ii) a statement by Fairchild that the Fairchild Agreement is valid and enforceable, that it is in full force and effect as of the Closing Date, that it has not been amended or modified from its original date of execution, that neither Veritas Software Corporation, Veritas Operating Corporation, VS Trust 1999-1, nor Seller, formerly known as Symantec Corporation, has defaulted under the Fairchild Agreement, and that there are no outstanding claims relating to the Real Property by Fairchild against Veritas Software Corporation, Veritas Operating Corporation VS Trust 1999-1, or Seller, formerly known as Symantec Corporation. “Raytheon,” “Raytheon Agreement,” “Fairchild,” and “Fairchild Agreement” shall have the meanings ascribed in Sections 3.2.3 and 3.2.4(a).
Estoppels each of the Landlord or Tenant Estoppel Certificate(s) ---------- and Agreement(s) Regarding Lease dated as of the date hereof or another recent date acceptable to Lender by the lessor(s) and sublessors of the Property or the Site(s) (as applicable) specified therein in favor of the Lender.
Estoppels has the meaning set forth in Section 4.2.
Estoppels shall have the meaning ascribed thereto in Section 9.12.