Landlord Objection definition
Examples of Landlord Objection in a sentence
In the event a landlord objects to the sale to the Purchaser of any of the Pearland/Oceanside Personal Property (in each case, a “Landlord Objection”), the Debtors and the Purchaser shall cooperate with each other and use their commercially reasonable efforts to resolve such Landlord Objection with the Purchaser bearing, and promptly reimbursing the Debtors for all reasonable expenses incurred by the Debtors with Purchaser’s prior consent in connection with the resolution of such Landlord Objection.
The Purchaser shall remove the Pearland/Oceanside Personal Property from the Pearland Location and the Oceanside Location at its own cost and expense on or before July 31, 2010 unless Purchaser is prohibited as a result of the Landlord Objection from taking possession of the Pearland/Oceanside Personal Property subject to such Landlord Objection.
Landlord shall remit to Tenant the amount that is not disputed by Landlord to be due to Tenant not later than twenty (20) days following the date of approval or deemed approval of the Tenant Reimbursement Submission (or particular items) and all supporting documentation, or if Landlord has delivered a Landlord Objection Notice then within twenty (20) days following Tenant’s reasonable satisfaction of Landlord’s Objections (such twentieth (20th) day being the “Landlord Payment Date”).
If the foregoing dispute resolution process is ineffective to resolve a Landlord Objection to the Final Plans, the parties shall submit the Final Plans and the Objection to W▇▇ ▇▇▇▇▇▇ of B▇▇▇▇▇ Architecture, 2▇▇▇ ▇.
Such arbitration shall be initiated (if at all) by notice from Tenant to Landlord within ten (10) business days following ▇▇▇▇▇▇’s receipt of the Landlord Objection Notice (and, following such election (if applicable), the parties shall act in good faith to promptly proceed on a commercially reasonably basis to have the dispute resolved pursuant to a JAMS arbitration).
If Landlord delivers a Landlord Objection Notice then Landlord shall have no obligation to make any payment to Tenant of any disputed amount set forth in the Landlord Objection Notice until Tenant shall have satisfied Landlord’s reasonable objections.