Landlord Estoppel definition
Landlord Estoppel has the meaning set forth in Section 23.11(a).
Landlord Estoppel shall have the meaning set forth in Section 32.01 hereof.
Landlord Estoppel means an estoppel certificate substantially in the form of Exhibit 7.4(b) attached hereto, from each lessor under a Branch Lease.
Examples of Landlord Estoppel in a sentence
Landlord has executed and delivered this Landlord Estoppel Certificate this day of , 201 .
Landlord Estoppel Certificate dated February 26, 2015 by City of San Antonio, as ground landlord, for the benefit of ▇▇ ▇▇▇▇▇▇ Hotel Associates, L.P., as ground tenant, PIM Highland Holding LLC, Ashford, and each of their respective affiliates; and Lender, Mortgage Lender and Other Mezzanine Lender, and each of their respective affiliates.
Seller shall use reasonable efforts to obtain, at or prior to Closing, a certificate, reasonably satisfactory to Buyer, from the lessor of each Real Property lease to the effect that such lease is valid, in full force and effect and not in default, has been approved, if necessary, for transfer to Buyer, and any other matters reasonably requested by Buyer (collectively, the "Landlord Estoppel Certificates").
The Tenant Estoppel Certificates and the Landlord Estoppel shall be subject to Buyer's reasonable approval.
Unless and until Marriott has been released from the Lease Guaranties, within thirty (30) days after the Effective Date, and once between January 1st and February 15th of each calendar year thereafter, the relevant Tenant shall request from the Landlord a Landlord Estoppel Certificate with respect to each Continuing Lease, each of which shall be dated not more than ten (10) days earlier than the date received by Marriott.
More Definitions of Landlord Estoppel
Landlord Estoppel has the meaning ascribed to in Section 6.3(a)(v).
Landlord Estoppel with respect to each Major Tenant and/or Other Tenant from whom Seller has not obtained an estoppel certificate. Notwithstanding this Section 4.1.3(iii), in the event that an Estoppel Certificate is not obtained from any Major Tenant and Seller delivers a Landlord Estoppel therefor, Purchaser may either elect to terminate this Agreement in accordance with the terms hereof or waive the requirement for such Major Tenant Estoppel Certificate and accept a Landlord Estoppel in lieu of such Major Tenant Estoppel Certificate. If Purchaser elects to terminate this Agreement pursuant to the immediately preceding sentence, this Agreement shall immediately terminate and the Deposit shall be returned to Purchaser and the parties hereto shall have no liability hereunder except as specifically stated to survive a termination of this Agreement, except that if Purchaser shall elect to terminate this Agreement pursuant to the immediately preceding sentence, Seller shall have the right, but not the obligation, to elect to adjourn the Closing for a reasonable period of time not to exceed thirty (30) days in order to obtain a Tenant Estoppel from such Major Tenant that was not previously delivered. The Landlord Estoppel, if any, delivered hereunder and Seller's liability thereunder shall survive the Closing, on a Lease by Lease basis, until the delivery of an estoppel certificate from the Major Tenants and/or Other Tenant for which such Landlord Estoppel was substituted. For purposes of satisfying the 90% requirement set forth in the foregoing clause (ii), the Tenants shall conclusively be deemed to occupy the rentable area set forth opposite their names in Exhibit Y attached hereto. Seller agrees to deliver the appropriate form of Estoppel Certificate to each Tenant and to request execution of the same. No Estoppel Certificate shall be deemed obtained if it contains information materially inconsistent with the Rent Roll or Seller's representations and warranties made herein or the Leases delivered or made available to Purchaser, provided, however, that if any Estoppel Certificate would otherwise be deemed not obtained pursuant to this sentence, Purchaser's right to terminate this Agreement as a result shall be subject to Section 3.8. To the extent Seller elects to send any of the Major Tenants or Other Tenants an estoppel certificate in the form prescribed by, or in accordance with the requirements of, the Lease for such Tenant, Purchaser shall promptly review the form of su...
Landlord Estoppel has the meaning set forth in Section 6.07. “Laws” means with respect to any Person, property, facility, transaction, event or other matter, (a) any foreign or domestic constitution, treaty, law, statute, regulation, code, ordinance, principle of common law or equity rule, municipal by-law, order or other requirement having the force of law, (b) any policy, practice, protocol, standard or guideline of any Governmental Entity, including any Health Regulatory Authority, which, although not necessarily having the force of law, is regarded by such Governmental Entity, including any Health Regulatory Authority, as requiring compliance as if it had the force of law (collectively in the immediately foregoing clauses (a) and (b), “Law”), in each case relating or applicable to such Person, property, facility, transaction, event or other matter and also includes, where appropriate, any interpretation of Law (or any part thereof) by any Person having jurisdiction over it, or charged with its administration or interpretation. “Lease” means all leases, subleases, licenses, concessions and other agreements (written or oral). “Leased Real Property” has the meaning set forth in Section 4.14(a). “Legal Proceeding” means any litigation, action, suit, investigation, national security review, hearing, claim, charge, cause of action, demand, subpoena, audit, summons, proceeding or arbitration proceeding, whether civil, administrative, investigative, appellate, regulatory or criminal, whether at law or in equity, commenced, brought, conducted or heard by or before, any Governmental Entity or by any court of competent jurisdiction or arbitral body, and includes any appeal or review thereof and any application for leave for appeal or review. “License” means any license, permit, authorization, approval, accreditation, certificate, registration, exemption, clearance, consent or other evidence of authority issued or granted to, conferred upon or otherwise created for an Acquired Entity by any Governmental Entity, including any Health Regulatory Authority, but for greater certainty does not include any Contract with a Governmental Entity (including any Contract with a Health Regulatory Authority), other than authorization of the Acquired Entities to operate in the absence of certain licenses as permitted under the BC MLSA (which, for greater certainty, will be deemed to be Licenses hereunder). “Lien” means any mortgage, charge, pledge, hypothec, security interest, deed of trust, optio...
Landlord Estoppel means, if any, each certain Landlord Estoppel Certificate and Agreement Regarding Lease executed by the landlord under each Lease for Lender's benefit.
Landlord Estoppel means an estoppel in the form attached hereto as Exhibit I.
Landlord Estoppel means a Landlord Estoppel substantially in the form of Exhibit L with such amendments or modifications as may be approved by the Collateral Agent or such other form approved by the Administrative Agent.
Landlord Estoppel shall have the meaning set forth in Section 8.11.