Examples of 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.
If Tenant does not provide the Tenant Certificate within such period, the Condemnation shall not be considered a Total Condemnation.
The date upon which a Total Condemnation occurs shall be, in the case of a Total Condemnation described in clause (a) of the immediately preceding sentence, the date of the Condemnation and, in the case of a Total Condemnation described in clause (b) of the immediately preceding sentence, thirty (30) days following the latest of (i) the date of the Condemnation, (ii) the date Tenant provides the Tenant Certificate or (iii) the date Tenant ceases operation of the Property as a Permitted Facility.
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.
In order to acknowledge receipt of this letter and the enclosed Brownfields Documents, please sign and return to Landlord the attached Tenant Certificate of Receipt.
The Agent shall have received (i) a Compliance Certificate, (ii) an Unencumbered Pool Certificate, (iii) an Unencumbered Pool Asset Certificate, and (iv) an Investment Grade Tenant Certificate, dated as of the date of the Closing Date demonstrating compliance with each of the covenants calculated therein as of the most recent calendar quarter for which the Borrower has provided financial statements under §6.4.
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.
This Tenant Certificate is being executed and delivered by Tenant to induce GECC to make the Loan which is to be secured in part by an assignment to GECC of Landlord's interest in the Lease and with the intent and understanding that the above statements will be relied upon by GECC.
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).