Lender Estoppel Certificate definition
Examples of Lender Estoppel Certificate in a sentence
In addition, any Uniform Commercial Code (UCC) filing or other security filing by a Lender shall attach the executed Lender Estoppel Certificate.
Any filing to perfect or provide notice of the security interest in the System shall confirm that the System is personal property and is not a fixture to the Licensed Area or Site, and shall comply with the provisions in section 4 of this SLA, including but not limited to executing and delivering a Lender Estoppel Certificate substantially in the form of Exhibit L.
Any filing to perfect or provide notice of the security interest in the System shall confirm that the System is personal property and is not a fixture to the Licensed Area or Site, and shall comply with the provisions in Section 4 of this SLA, including but not limited to executing and delivering a Lender Estoppel Certificate substantially in the form of Exhibit L.
As a part of the submittal, Licensee shall submit an executed Lender Estoppel Certificate.
As a part of the submittal, LICENSEE shall submit an executed Lender Estoppel Certificate.
In addition, Mezzanine Lender acknowledges and consents to the execution and delivery by Commission and Real Property Lender of the Real Property Lender Estoppel Certificate.
Seller’s failure to obtain a Lender Estoppel Certificate shall not constitute a default by Seller hereunder.
In the event that Buyer disapproves the Lender Estoppel Certificate, Buyer may elect to terminate the Agreement by so notifying Seller in writing of Buyer's election prior to the expiration of the Contingency Period, in which event this Agreement shall terminate, the Deposit, together with any interest earned thereon, shall be returned to Buyer, and the parties hereto shall be relieved of all further rights and obligations hereunder.
Any Seller Lender Estoppel Certificate shall survive the Closing indefinitely and not be subject to the Damage Cap; provided, however, that at any time if Seller shall receive and deliver a Lender Estoppel from the lender covered in any such Seller Lender Estoppel Certificates, then such Seller Lender Estoppel Certificate shall be returned to Seller and shall be deemed null and void and of no further force or effect.
Any notices to be provided to Mezzanine Lender hereunder shall simultaneously be delivered to Real Property Lender at the address provided in the Real Property Lender Estoppel Certificate and shall not be effective until so delivered.