Seller Tenant Certificate definition

Seller Tenant Certificate means a Tenant Certificate signed by the Seller with respect to a particular Lease for which the Tenant in question has failed to execute and deliver a Tenant Certificate, in which case the Seller Tenant Certificate shall be in the form of Exhibit L, provided that a Seller Tenant Certificate shall in all cases be limited to Seller's knowledge as defined in Paragraph 16.1 above.
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Seller Tenant Certificate means a Tenant Certificate signed by the Seller with respect to a particular Lease for which the Tenant in question has either (i) failed to execute and deliver a Tenant Certificate, in which case the Seller Tenant Certificate shall be in the form of Exhibit L, or (ii) executed and delivered a Tenant Certificate in a form other than Exhibit L, or a Tenant Certificate containing less information than required by Exhibit L, in which case the Seller Tenant Certificate shall be limited to those matters in Exhibit L which are not addressed in the Tenant Certificate in question.
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Seller Tenant Certificate means a Tenant Certificate in the form of Exhibit M-2 signed by Seller with respect to a particular tenant which failed to execute and deliver a Tenant Certificate, containing terms which are consistent with the information regarding such tenant contained in Exhibit C. If a tenant submits a certificate containing terms which are not consistent with the information regarding such tenant set forth in Exhibit C in all material respects, such certificate shall not be considered a Tenant Certificate under the provisions of this Paragraph, and such certificate shall not be counted in determining whether the Required Amount has been achieved.
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Examples of Seller Tenant Certificate in a sentence

  • If Seller is unable to obtain the Required Amount of Tenant Certificates, Seller shall be obligated to deliver to Purchaser a Seller Tenant Certificate for those tenants who fail to execute and return a Tenant Certificate, to the extent necessary to achieve the Required Amount.

  • Except for any Seller Tenant Certificate executed by Seller and delivered to Purchaser, Seller does not represent or warrant that any particular Lease will be in effect at Closing or that the tenant will have performed the tenant's obligations thereunder.

  • If Seller is unable to obtain the Tenant Certificates from IDX, at least 3 of the Major Tenants, and at least 75% of the Other Tenants (the "Required Tenants"), Seller shall be obligated to deliver to Purchaser a Seller Tenant Certificate for such Required Tenants who fail to execute and return a Tenant Certificate.

  • Any Seller Tenant Certificate shall be subject to the limitations set forth in subparagraph 7C and subparagraph 9B of this Agreement.

  • If Seller is unable to obtain the Tenant Certificates from each tenant of the Property occupying more than 5,000 square feet of rented space (the "Required Tenants"), Seller shall be obligated to deliver to Purchaser a Seller Tenant Certificate for such Required Tenants who fail to execute and return a Tenant Certificate.

  • In addition, Seller shall be released from any liability with respect to any Seller Tenant Certificate upon the delivery to Buyer of a estoppel certificate from the tenant for which Seller has delivered such Seller Tenant Certificate (but only to the extent such estoppel certificate is consistent with such Seller Tenant Certificate).

  • In addition, Seller shall be released from any liability with respect to any Seller Tenant Certificate upon the delivery to Buyer of a Tenant Estoppel Certificate from the tenant for which Seller has delivered such Seller Tenant Certificate (but only to the extent such Tenant Estoppel Certificate is consistent with such Seller Tenant Certificate).

  • Any Seller Tenant Certificate shall be subject to the limitations set forth in Sections 8, 9 and 11B of this Agreement.

  • If Seller is unable to obtain Tenant Certificates from each Tenant occupying, or having the right to occupy, 10,000 rentable square feet or more in the Improvements and at least seventy-five percent (75%) of the other tenants (the "Required Tenants"), Seller shall be obligated to deliver to Purchaser a Seller Tenant Certificate for such Required Tenants who failed to execute and return a Tenant Certificate.


More Definitions of Seller Tenant Certificate

Seller Tenant Certificate means a Tenant Certificate signed by the Seller with respect to a particular Lease for which the Tenant in question has failed to execute and deliver a Tenant Certificate, in which case the Seller Tenant Certificate shall be in the form of Exhibit L; provided that (a) a Seller Tenant Certificate shall in all cases be limited to Seller's knowledge as defined in Paragraph 16.1 hereof, and (b) Seller shall be entitled to deliver Seller Tenant Certificates for no more than 20% of the square footage of the occupied leasable area of the Property;
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Seller Tenant Certificate means a Tenant Certificate signed by Seller with respect to a particular Lease for which the Tenant in question has failed to execute and deliver a Tenant Certificate, in which case the Seller Tenant Certificate shall be in the form of Exhibit L; provided, however, that a Seller Tenant Certificate shall in all cases be limited to Beneficiary's knowledge as defined in Paragraph 16 hereof and the statements contained in any such Seller Tenant Certificate shall only survive for a period of ninety (90) days from the date such Seller Tenant Certificate is delivered to Purchaser (i.e. Purchaser shall have no right to make any claims against Seller arising out of the Seller Tenant Certificate after the expiration of ninety (90) days immediately following the Closing). Seller's liability pursuant to its delivery of all Seller's Tenant Certificates, if any, shall be limited by the terms of Paragraph 17 hereof.
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Seller Tenant Certificate means a Tenant Certificate signed by Seller with respect to a particular Tenant which failed to execute and deliver a Tenant Certificate. Purchaser's obligation to close the transaction set forth hereunder is contingent upon (i) Seller obtaining the Required Amount of Tenant Certificates, as set forth above, or Seller delivering Seller Tenant Certificates necessary to achieve the Required Amount, as set forth above, and (ii) the Tenant Certificates, including the Government Certificates, not disclosing any Qualification (as hereinafter defined) (the "Tenant Certificate Condition"). As used herein, "Qualification" shall mean any information which adversely affects the use of the Fee Property or the obligations of the Tenant or the rights or obligations of the landlord under any Lease which are not disclosed on the Rent Roll attached hereto as Exhibit T or in the Leases, or which disclose any information which is contrary to the information contained in the Rent Roll or in the Leases.
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Seller Tenant Certificate means a Tenant Certificate signed by the Seller and limited to the "knowledge of Seller" (as defined in Paragraph 16 herein) with respect to a particular Lease for which the Tenant in question has either (i) failed to execute and deliver a Tenant Certificate, in which case the Seller Tenant Certificate shall be in the form of Exhibit L, or (ii) executed and delivered a Tenant Certificate in a form other than Exhibit L, or a Tenant Certificate containing less information than required by Exhibit L, in which case the Seller Tenant Certificate shall be limited to those matters in Exhibit L which are not addressed in the Tenant Certificate in question. Seller shall deliver all Seller Tenant Certificates to the on-site manager of the Property and discuss the accuracy of all Seller Tenant Certificates with the on-site manager prior to delivery of the Seller Tenant Certificates to Purchaser.
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Related to Seller Tenant Certificate

  • Gift certificate means a merchandise certificate conspicuously designated as a gift certificate, and purchased by a buyer for use by a person other than the buyer.

  • Interim Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment], other than the Final Payment Certificate.

  • Safety Management Certificate has the meaning given to it in the ISM Code.

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

  • Payment Certificate means a payment certificate issued under Clause 14 [Contract Price and Payment].

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Warrant Certificate means a certificate in substantially the form attached as Exhibit 1 hereto, representing such number of Warrant Shares as is indicated therein, provided that any reference to the delivery of a Warrant Certificate in this Agreement shall include delivery of a Definitive Certificate or a Global Warrant (each as defined below). All other capitalized terms used but not otherwise defined herein shall have the meaning ascribed to such terms in the Warrant Certificate.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Final Payment Certificate means the payment certificate issued under Sub-Clause 14.13 [Issue of Final Payment Certificate].

  • Ground Lessor means the lessor under the Ground Lease.

  • Leaseholder means a grantee or a person or other legal entity holding a valid lease or licence of occupation with the federal Crown for the use or occupation of land in Jasper National Park, and shall mean Canadian National Railway in respect of lots or land parcels held by Canadian National Railway, and shall mean Jasper National Park of Canada in respect to lots or land parcels held by the Crown;

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

  • Occupancy Certificate means the occupancy certificate, or such other certificate by whatever name called, issued by the competent authority permitting occupation of any building, as provided under local laws, which has provision for civic infrastructure such as water, sanitation and electricity;

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Independent Certificate means a certificate or opinion to be delivered to the Indenture Trustee under the circumstances described in, and otherwise complying with, the applicable requirements of Section 11.1 of the Indenture, made by an independent appraiser or other expert appointed by an Issuer Order, and such opinion or certificate shall state that the signer has read the definition of “Independent” in this Appendix A and that the signer is Independent within the meaning thereof.

  • Substantial Completion Certificate means the certificate issued and approved by the Authority indicating the date upon which the Trade Contractor Work (or a designated portion thereof) is Substantially Complete.

  • 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:

  • 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).

  • Seller Certificate means a certificate of transfer delivered in connection with the transfer of a Trust Certificate pursuant to Section 3.04(a), substantially in the form of Exhibit B.

  • Tenant Leases means leases, subleases, licenses or other use agreements between Seller and tenants with respect to Real Property, if any.

  • Surface owner means any person who holds record title to the surface of the land as an owner.

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

  • Leased Property shall have the meaning given such term in Section 2.1.

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