Examples of Tenant Estoppels in a sentence
In addition, the Lessee requires that the City request estoppel certificates, as identified on Schedule 6.7.15, from any Person who is party to a Lease with the City or MHS (the “Tenant Estoppels”) and estoppel certificates from any Person who is a landlord for any of the Leased Real Property (the “Landlord Estoppels”, and collectively with the Tenant Estoppels, the “Estoppels”), and the City shall use commercially reasonable efforts to obtain the Estoppels as provided for in Section 12.3.6.
Seller shall deliver the Required Tenant Estoppels to Purchaser prior to Closing in the required form, without modification, each Estoppel Certificate shall not be dated more than sixty (60) days before Closing, and each such Estoppel Certificate shall state no claim of offset by the tenant, no default by Seller under the Leases and no circumstance which would with the giving of notice or passing of time be a default by Seller under any Lease within the aforesaid time period.
Seller shall have delivered Tenant Estoppels or Landlord Estoppels under each Lease (except the Amazon Lease) dated within thirty (30) days of the Closing Date.
Purchaser acknowledges receipt of acceptable Tenant Estoppels covering (a) the HEB Lease and the Tenant Leases with High Five, Raising Cane’s Restaurants, L.L.C., and Hat Creek Lakeway, LLC, assignee of Hat Creek Burger Company II, LLC, (each a “Major Tenant” and collectively, the “Major Tenants”), and (b) at least 85% of the net rentable square footage of all Tenants in the Property, including the Major Tenants, under existing Tenant Leases (the “Tenant Estoppels Requirement”).
The Required Tenant Estoppels and the Other Tenant Estoppels may sometimes be referred to hereinafter collectively as the "Estoppels".