Required Tenant Estoppels definition

Required Tenant Estoppels shall have the meaning set forth in Section 9.5.
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Required Tenant Estoppels shall have the meaning assigned thereto in Section 3.5(b).
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Required Tenant Estoppels means the estoppels required under the Columbia Portfolio Purchase Agreement.
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Examples of Required Tenant Estoppels in a sentence

  • Notwithstanding anything herein to the contrary, if that Seller has been unable to obtain (and deliver to Buyer) the Required Tenant Estoppels at least three (3) business days prior to the Closing Date, and Buyer is not willing to waive the Required Tenant Estoppel 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 Tenant Estoppels.

  • Sellers’ failure to deliver the Required Tenant Estoppels shall not constitute a default by Seller.

  • On or prior to Closing, Sellers shall have procured the Required Tenant Estoppels and delivered them to Purchaser.

  • Said Required Tenant Estoppels shall be in the form and substance required of such tenants by each respective Tenant Lease or, if the form is not set forth in the Tenant Lease, then in the form attached hereto as Exhibit J.

  • If Buyer elects to waive the delivery of the Required Tenant Estoppels pursuant to the immediately preceding sentence, Seller shall be obligated to deliver at the Closing a Seller Estoppel in the form contemplated in Section 3.5 for a number of Tenants (including one or more Major Tenants) who have not delivered a Tenant Estoppel as necessary to satisfy the condition relating to the delivery of the Required Tenant Estoppels.

  • Sellers shall have no obligations to pursue corrections to Incorrect Estoppel certificates 35 provided Sellers have otherwise provided the Required Tenant Estoppels as set forth hereinabove and said Incorrect Estoppels shall not count towards the Required Tenant Estoppels.

  • Purchaser’s closing condition as set forth in this Section 9.2.3 shall be deemed satisfied and irrevocably waived by Purchaser if the Required Tenant Estoppels have been delivered to Purchaser at any time after the Effective Date and Purchaser does not object in a written notice to Sellers specifying Purchaser’s objections to the form of the Tenant Estoppel within three (3) Business Days after receipt thereof.

  • If Purchaser does not receive the Required Tenant Estoppels as of the Closing Date, Seller may extend the Closing Date up to fifteen (15) days to allow Seller to obtain the Required Tenant Estoppels.

  • None of the Estoppel Certificates (including the Required Tenant Estoppels) shall reflect any materially adverse information or inconsistencies with the Rent Roll, Leases or any Seller representations and warranties set forth herein, and all of the Estoppel Certificates shall remain true and correct as of Closing.

  • Notwithstanding anything to the contrary, if Seller is unable to obtain the Required Tenant Estoppels as of the Closing Date, then to satisfy such condition, but for not more than fifteen percent (15%) of the Tenant Occupied Square Footage of the Property as of the Closing Date, Seller may (but shall not be obligated to) deliver certificates executed by Seller in the form attached as Exhibit E hereto (the “Seller Estoppels”), which shall be dated as of the Closing Date.


More Definitions of Required Tenant Estoppels

Required Tenant Estoppels means ------------------------- Tenant Estoppels from (1) Vanity Fair, Xxxxx Xxxxxxxx/Nine West/Easy Spirit, PVH Corp., Shopro, Spiegel, Food Lion, Xxxx'x, Xxxx Xxxxx and Mikasa, to the extent the applicable leases remain in full force and effect, (2) as to each of the three (3) community shopping center CapMark Properties located in Kill Devil Hills, NC, Cary, NC, or Raleigh, NC, tenants representing seventy percent (70%) of the rentable area of each Property and seventy percent (70%) of the base rent payable for such Property (inclusive of the applicable Tenant Estoppels described in clause (1)), and (3) as to the remaining Properties, tenants representing seventy percent (70%) of the occupied rentable area of all such Properties in the aggregate, and seventy percent (70%) of the base rental payable for all such Properties (inclusive of the applicable Tenant Estoppels described in clause (1)).
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Required Tenant Estoppels means the tenant estoppels from tenants occupying, in the aggregate, no less than eighty percent (80%) of the Terrace I, Terrace II, Terrace V and Terrace VII Buildings and for all tenants which lease more than 5,000 square feet of rentable area (except for Gjerset & Lxxxxx LLC, Bank of America, and Communications Workers of America, which, if Seller is unable to obtain, Seller shall provide a Seller’s estoppel) in the form attached to each tenant’s lease.
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Required Tenant Estoppels means a Tenant Estoppel from tenants leasing at least seventy-five percent (75%) of the Tenant Occupied Square Footage of the Property.
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Required Tenant Estoppels shall have the meaning assigned thereto in Section 6.2(a)(vii).
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Required Tenant Estoppels shall have the meaning ascribed in Section 6(d).
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Required Tenant Estoppels means Tenant Estoppel Certificates executed and delivered, without modification, by (a) the following Tenants (as identified on the Tenant Rent Roll):
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Related to Required Tenant Estoppels

  • Estoppel Certificate As defined in Section 23.1(a).

  • Landlord Consent and Estoppel means, with respect to any Leasehold Property, a letter, certificate or other instrument in writing from the lessor under the related lease, pursuant to which, among other things, the landlord consents to the granting of a Mortgage on such Leasehold Property by the Credit Party tenant, such Landlord Consent and Estoppel to be in form and substance reasonably acceptable to Collateral Agent in its reasonable discretion, but in any event sufficient for Collateral Agent to obtain a Title Policy with respect to such Mortgage.

  • Estoppel Letter A document executed by the Cooperative Corporation certifying, with respect to a Cooperative Unit, (i) the appurtenant Proprietary Lease will be in full force and effect as of the date of issuance thereof, (ii) the related stock certificate was registered in the Mortgagor's name and the Cooperative Corporation has not been notified of any lien upon, pledge of, levy of execution on or disposition of such stock certificate, and (iii) the Mortgagor is not in default under the appurtenant Proprietary Lease and all charges due the Cooperative Corporation have been paid.

  • Landlord Waiver means a letter in form and substance reasonably acceptable to the Administrative Agent and executed by a landlord in respect of Inventory of a Loan Party located at any leased premises of a Loan Party pursuant to which such landlord, among other things, waives or subordinates on terms and conditions reasonably acceptable to the Administrative Agent any Lien such landlord may have in respect of such Inventory.

  • SNDA means a Supplemental New Drug Application, as defined in the FDCA and applicable regulations promulgated thereunder.

  • Major Tenants has the meaning ascribed to such term in Section 7.2.

  • Landlord Consent means a Landlord Consent substantially in the form of Exhibit G.

  • Space Lease The space or occupancy lease pursuant to which any Borrower holds a leasehold interest in the related Mortgaged Property, together with any estoppels or other agreements executed and delivered by the lessor in favor of the lender under the related Mortgage Loan(s).

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Ground Lessor means the lessor under the Ground Lease.

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Ground Lease means a lease creating a leasehold estate in real property where the fee owner as the ground lessor conveys for a term or terms of years its entire interest in the land and buildings and other improvements, if any, comprising the premises demised under such lease to the ground lessee (who may, in certain circumstances, own the building and improvements on the land), subject to the reversionary interest of the ground lessor as fee owner. With respect to any Mortgage Loan where the Mortgage Loan is secured by a Ground Leasehold estate in whole or in part, and the related Mortgage does not also encumber the related lessor’s fee interest in such Mortgaged Property, based upon the terms of the Ground Lease and any estoppel or other agreement received from the ground lessor in favor of Mortgage Loan Seller, its successors and assigns (collectively, the “Ground Lease and Related Documents”), Mortgage Loan Seller represents and warrants that:

  • Landlord Access Agreement means a Landlord Access Agreement, substantially in the form of Exhibit G, or such other form as may reasonably be acceptable to the Administrative Agent.

  • Required Consent has the meaning set forth in Section 4.4.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Punchlist means a list of items of Work to be completed or corrected by Contractor after Substantial Completion. Punchlists indicate items to be finished, remaining Work to be performed, or Work that does not meet quality or quantity requirements as required in the Contract Documents.

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • Customary Post-Closing Consents means those consents and approvals from Governmental Authorities for the assignment of the Assets to the Buyer that are customarily obtained after the assignment of properties similar to the Assets.

  • Tenant Lease means any lease entered into by the Borrower, any Loan Party or any Subsidiary with respect to any portion of a Property.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Open space land means (a) any land area so designated by an

  • Landlord Agreement means an agreement substantially in the form provided by Lender to Borrower or such other form as Lender may agree to accept.

  • this Tenant Work Letter means the relevant portion of Sections 1 through 6 of this Tenant Work Letter.