Examples of REA Estoppel in a sentence
If the Scheduled Closing Date is extended pursuant to the terms of this Paragraph, the requirement that the REA Estoppel Certificates be dated no more than sixty (60) days prior to the Scheduled Closing Date shall be waived with respect to those REA Estoppel Certificates that have previously been delivered to Buyer and which were dated within sixty (60) days of the original Scheduled Closing Date.
If, as of the postponed Scheduled Closing Date, Seller has not delivered the required REA Estoppel Certificates, then, at Buyer's option, this Agreement, the Escrow and the rights and obligations of the parties hereunder shall terminate, except as provided in the Surviving Provisions.
To the extent an REA Estoppel Certificate certifies information which is the subject of Seller's warranty under this Paragraph 13(a)(x), thereafter, the warranty set forth herein shall be of no further force or effect.
In no event shall failure to obtain any REA Estoppel Letter be a default under this Agreement.
The REA Estoppel Certificates shall be in the form of, and upon the terms contained in, EXHIBIT "H".