Tenant Estoppels definition

Tenant Estoppels means the estoppels from the underlying lessees or tenants of the Tenant Leases in form and substance required by the underlying lease or otherwise as reasonably satisfactory to the MPT Parties.

Tenant Estoppels means estoppel certificates from tenants of a Property or Properties, substantially in the form of Exhibit B attached hereto or in such other form as may be attached to the applicable Lease.

Tenant Estoppels means Tenant Estoppel Certificates from tenants of the Property on a form previously approved by Senior Lender with such changes as are reasonably acceptable to Senior Lender.

Examples of Tenant Estoppels in a sentence

• Each Seller shall use commercially reasonable efforts to obtain the prompt return of the executed Tenant Estoppels in substantially the same form as Exhibit A attached hereto from each Tenant at such Seller’s Property prior to the Closing, without the obligation to make any payments or grant any concessions under the Leases.

• Such Tenant Estoppels shall be consistent with the respective Tenant Lease, shall not reveal any default by Seller and/or Tenant, any right to offset rent by the tenant, or any claim of the same, be dated no earlier than thirty (30) days prior to Closing and shall be otherwise reasonably acceptable to Buyer.

• Seller has not received from any Tenant or any other Person written notice of any claim (other than for customary refund at the expiration of a Lease) to all or any part of any security deposit, except as set forth on the Rent Roll and/or the Tenant Estoppels.

• The signed certificates are referred to herein as the "Tenant Estoppels".

• Each Tenant Estoppel shall be in a form substantially similar to Exhibit “D” attached hereto, and in addition, no later than three (3) Business Days prior to the date on which Seller intends to distribute the Tenant Estoppels to the Tenants for their completion and execution, Seller shall deliver the draft estoppel certificates to Buyer for Buyer’s review and approval, which approval shall not be unreasonably withheld.

More Definitions of Tenant Estoppels

Tenant Estoppels has the meaning ascribed thereto in Section 2.3;

Tenant Estoppels shall have the meaning assigned thereto in Section 4.4.

Tenant Estoppels is defined in Section 5.2(g).

Tenant Estoppels set forth in Section 1 of the Agreement is hereby deleted in its entirety and replaced with the following:

Tenant Estoppels means estoppel certificates dated within 30 days of a Closing with respect to the Property to which it relates from tenants of a Property or Properties, substantially in the form of Exhibit B attached hereto or in such other form as may be attached to the applicable Lease.

Tenant Estoppels. As defined in Section 14(f).

Tenant Estoppels means the estoppel certificates executed by the tenants under the Leases.