REA Estoppels definition

REA Estoppels shall have the meaning set forth in Section 4.1(e) hereof.

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REA Estoppels has the meaning set forth in Section 13.10.1.

REA Estoppels shall have the meaning ascribed to such term in Section 3.4(q) of this Agreement.

Examples of REA Estoppels in a sentence

• Seller will promptly provide Purchasers with a copy of all executed REA Estoppels following receipt of same.

• The Ground Lease Estoppel, the Anchor Estoppels, the Tenant Estoppels, the REA Estoppels and the Transferor’s Estoppels (if any) are sometimes each referred to herein as an “Estoppel Certificate” and are sometimes collectively referred to herein as the “Estoppel Certificates.” Each of the Estoppel Certificates shall be dated effective as of no earlier than the ninetieth (90th) day prior to the Closing Date (or such other date as the lender of any Loan shall require).

• Seller shall have received the Estoppel Certificates, Guarantee Estoppels, REA Estoppels and SNDA Agreements as required pursuant to Section 7 herein.

• Notwithstanding anything herein to the contrary, if Seller has been unable to obtain (and deliver to Buyer) all Required REA Estoppels at least three (3) business days prior to the Closing Date, and Buyer is not willing to waive the Required REA Estoppels condition, then either party shall have the right to delay the Closing Date by up to thirty (30) days in order for Seller to continue to attempt to obtain the missing Required REA Estoppels.

• It shall be a condition to Buyer’s obligation to close the acquisition of the Property that not later than the Closing Date, Seller shall delivered all such REA Estoppels.

• Purchaser shall prepare and deliver to Seller REA Estoppel Certificates for each of the REA Estoppels (the “REA Estoppel Certificates”), and Seller shall send out the REA Estoppel Certificates for execution prior to the Closing Date, it being understood that obtaining the REA Estoppel Certificates shall not be a condition to Purchaser’s obligation to close.

• In such event, Purchaser shall continue to use commercially reasonably efforts to obtain any missing Tenant Estoppels, ▇▇▇▇▇▇▇▇▇ Estoppels, REA Estoppels, ▇▇▇▇▇▇▇▇▇ Recognition Agreements and Consents for a period of ninety (90) days following the Closing Date.

• Seller's shall be obligated to utilize reasonable efforts to obtain the REA Estoppels (such reasonable efforts obligation not including any obligation to institute legal proceedings or to expend any monies therefor).

• Purchaser shall have received the Estoppel Certificates and REA Estoppels as required pursuant to Section 7(I).

• Prior to the delivery of any such REA Estoppels to the counter parties thereunder, Seller shall have provided copies of the drafts thereof to Buyer for its review and approval, Buyer having two (2) Business Days in which to approve or reject the same in writing to Seller, with failure to respond within such two (2) Business Day period being deemed approval thereof.

More Definitions of REA Estoppels

REA Estoppels has the meaning set forth in Section 3.7.

REA Estoppels means the estoppels by National Football Museum, Inc., Canton City School District and Stark County Port Authority, each dated as of, or within 3 days prior to, the Closing Date in favor of the Administrative Agent, including in respect of the Project Leases.

REA Estoppels has the meaning set forth in Section 4.1. “Real Property” shall mean, collectively, the Land and the Improvements for all of the real estate described on Exhibit A attached. “Reciprocal Easement Agreements” shall mean any and all reciprocal easement agreements, declarations of covenants, conditions, restrictions and casements, party wall agreements, “tie-back” agreements, common area agreements, shared maintenance agreements, common use agreements or similar agreements or understandings which burden or benefit the Real Property and other adjacent real property, and all supplements, amendments, modifications and memoranda thereof, relating to the development, use, operation, management, maintenance or occupancy of the Real Property. “Required Endorsements” shall mean the following ALTA endorsements (to the extent legally available in the jurisdiction in which the Real Property is located): (a) Form 9 - Comprehensive (modified as appropriate for an owner’s policy); (h) Form 3.l Zoning (including parking and loading); (c) survey endorsement; (d) access endorsement; (e) if the land on which the Property is located consists of more than one parcel, a contiguity endorsement; and (f) a tax parcel endorsement. “Restricted Period” shall mean the period commencing five (5) Business Days before the end of the Study Period and ending on the earlier of the Closing or the termination of this Agreement. “Seller” has the meaning set forth in the first paragraph of this Agreement.

REA Estoppels means the estoppels by National Football Museum, Inc., Canton City School District and ▇▇▇▇▇ County Port Authority, each dated as of, or within 3 days prior to, the Closing Date in favor of the Administrative Agent, including in respect of the Project Leases.

REA Estoppels shall have the meaning set forth in Section 2.1(i).