Common use of ACTIONS BY LANDLORD Clause in Contracts

ACTIONS BY LANDLORD. Without in any way limiting the generality of the foregoing, the Landlord and each holder of any Lease Obligations or Lease Claim may at any time and from time to time, without the consent of or notice to LeBonheur, as a creditor, without incurring any responsibility or liability to LeBonheur and without in any manner prejudicing, affecting or impairing the subordination provided herein or the obligations of LeBonheur under this Agreement: 7.1.1 Make loans and advances to UASC or otherwise extend credit to UASC, in any amount and on any terms, whether pursuant to a commitment or as a discretionary advance and whether or not any default or event of default or failure of condition is then continuing; and, 7.1.2 Change the manner, place or terms of payment or extend the time of payment of; or, renew or alter, compromise, accelerate, extend, any Lease Obligations and Lease Claim or any agreement, guaranty, lien or obligation of UASC or any other person or entity in any manner related thereto, or otherwise amend, supplement or change in any manner any Lease Obligations or Lease Claim or any such agreement, guaranty, lien or obligation; and, 7.1.3 Increase or reduce the amount of any Lease Obligation or Lease Claim or any amounts payable in respect thereof; and, 7.1.4 Release or discharge any Lease Obligation or Lease Claim or any guaranty thereof or any agreement or obligation of UASC or any other person or entity with respect thereto; and, 7.1.5 Take or fail to take any collateral security for any Lease Obligation or Lease Claim or take or fail to take any action which may be necessary or appropriate to ensure that any security interest or lien upon any property securing any Lease Obligation or Lease Claim is duly enforceable or perfected or entitled to priority as against any other lien or to ensure that any proceeds of any property subject to any security interest or lien are applied to the payment of any Lease Obligation or Lease Claim; and, 7.1.6 Release, discharge or permit the lapse of any or all security interests or liens upon any property at any time securing any Lease Obligation or Lease Claim; and, 7.1.7 Exercise or enforce, in any manner, order or sequence, or fail to exercise or enforce, any right or remedy against UASC or any collateral security or any other person, entity or property in respect of any Lease Obligation or Lease Claim or any security interest or lien securing any Lease Obligation or Lease Claim or any right under this Agreement, and apply any payment or proceeds of collateral in any order of application; and, 7.1.8 Sell, exchange, release, foreclose upon, or otherwise deal with any property that may at any time be subject to any security interest or lien securing any Lease Obligation or Lease Claim.

Appears in 1 contract

Samples: Subordination Agreement (Windrose Medical Properties Trust)

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ACTIONS BY LANDLORD. Without in any way limiting the generality of the foregoing, the Landlord and each holder of any Lease Obligations or Lease Claim may at any time and from time to time, without the consent of or notice to LeBonheurUCS, as a creditor, without incurring any responsibility or liability to LeBonheur UCS and without in any manner prejudicing, affecting or impairing the subordination provided herein or the obligations of LeBonheur UCS under this Agreement: 7.1.1 7.2.1 Make loans and advances to UASC or otherwise extend credit to UASC, in any amount and on any terms, whether pursuant to a commitment or as a discretionary advance and whether or not any default or event of default or failure of condition is then continuing; and, 7.1.2 7.2.2 Change the manner, place or terms of payment or extend the time of payment of; or, renew or alter, compromise, accelerate, extend, any Lease Obligations and Lease Claim or any agreement, guaranty, lien or obligation of UASC or any other person or entity in any manner related thereto, or otherwise amend, supplement or change in any manner any Lease Obligations or Lease Claim or any such agreement, guaranty, lien or obligation; and, 7.1.3 7.2.3 Increase or reduce the amount of any Lease Obligation or Lease Claim or any amounts payable in respect thereof; and, 7.1.4 7.2.4 Release or discharge any Lease Obligation or Lease Claim or any guaranty thereof or any agreement or obligation of UASC or any other person or entity with respect thereto; and, 7.1.5 7.2.5 Take or fail to take any collateral security for any Lease Obligation or Lease Claim or take or fail to take any action which may be necessary or appropriate to ensure that any security interest or lien upon any property securing any Lease Obligation or Lease Claim is duly enforceable or perfected or entitled to priority as against any other lien or to ensure that any proceeds of any property subject to any security interest or lien are applied to the payment of any Lease Obligation or Lease Claim; and, 7.1.6 7.2.6 Release, discharge or permit the lapse of any or all security interests or liens upon any property at any time securing any Lease Obligation or Lease Claim; and, 7.1.7 7.2.7 Exercise or enforce, in any manner, order or sequence, or fail to exercise or enforce, any right or remedy against UASC or any collateral security or any other person, entity or property in respect of any Lease Obligation or Lease Claim or any security interest or lien securing any Lease Obligation or Lease Claim or any right under this Agreement, and apply any payment or proceeds of collateral in any order of application; and, 7.1.8 7.2.8 Sell, exchange, release, foreclose upon, or otherwise deal with any property that may at any time be subject to any security interest or lien securing any Lease Obligation or Lease Claim.

Appears in 1 contract

Samples: Subordination, Limited Guaranty and Indemnification Agreement (Windrose Medical Properties Trust)

ACTIONS BY LANDLORD. Without in any way limiting the generality of the foregoing, the Landlord and each holder of any Lease Obligations or Lease Claim may at any time and from time to time, without the consent of or notice to LeBonheur, as a creditorthe Physician, without incurring any responsibility or liability to LeBonheur the Physician and without in any manner prejudicing, affecting or impairing the subordination provided herein or the obligations of LeBonheur the Physician under this Agreement: 7.1.1 7.2.1 Make loans and advances to UASC and UCS, respectively or otherwise extend credit to UASCUASC and UCS, respectively, in any amount and on any terms, whether pursuant to a commitment or as a discretionary advance and whether or not any default or event of default or failure of condition is then continuing; and, 7.1.2 7.2.2 Change the manner, place or terms of payment or extend the time of payment of; or, renew or alter, compromise, accelerate, extend, any Lease Obligations and Lease Claim or any agreement, guaranty, lien or obligation of UASC and UCS or any other person or entity in any manner related thereto, or otherwise amend, supplement or change in any manner any Lease Obligations or Lease Claim or any such agreement, guaranty, lien or obligation; and, 7.1.3 7.2.3 Increase or reduce the amount of any Lease Obligation or Lease Claim or any amounts payable in respect thereof; and, 7.1.4 7.2.4 Release or discharge any Lease Obligation or Lease Claim or any guaranty thereof or any agreement or obligation of UASC and UCS or any other person or entity with respect thereto; and, 7.1.5 7.2.5 Take or fail to take any collateral security for any Lease Obligation or Lease Claim or take or fail to take any action which may be necessary or appropriate to ensure that any security interest or lien upon any property securing any Lease Obligation or Lease Claim is duly enforceable or perfected or entitled to priority as against any other lien or to ensure that any proceeds of any property subject to any security interest or lien are applied to the payment of any Lease Obligation or Lease Claim; and, 7.1.6 7.2.6 Release, discharge or permit the lapse of any or all security interests or liens upon any property at any time securing any Lease Obligation or Lease Claim; and, 7.1.7 7.2.7 Exercise or enforce, in any manner, order or sequence, or fail to exercise or enforce, any right or remedy against UASC and UCS or any collateral security or any other person, entity or property in respect of any Lease Obligation or Lease Claim or any security interest or lien securing any Lease Obligation or Lease Claim or any right under this Agreement, and apply any payment or proceeds of collateral in any order of application; and, 7.1.8 7.2.8 Sell, exchange, release, foreclose upon, or otherwise deal with any property that may at any time be subject to any security interest or lien securing any Lease Obligation or Lease Claim.

Appears in 1 contract

Samples: Subordination, Non Compete Limited Guaranty and Indemnification Agreement (Windrose Medical Properties Trust)

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ACTIONS BY LANDLORD. Without in any way limiting the generality of the foregoing, the Landlord and each holder of any Lease Obligations or Lease Claim may at any time and from time to time, without the consent of or notice to LeBonheurAOI, as a creditor, without incurring any responsibility or liability to LeBonheur AOI and without in any manner prejudicing, affecting or impairing the subordination provided herein or the obligations of LeBonheur AOI under this Agreement: 7.1.1 Make loans and advances to UASC or otherwise extend credit to UASC, in any amount and on any terms, whether pursuant to a commitment or as a discretionary advance and whether or not any default or event of default or failure of condition is then continuing; and, 7.1.2 Change the manner, place or terms of payment or extend the time of payment of; or, renew or alter, compromise, accelerate, extend, any Lease Obligations and Lease Claim or any agreement, guaranty, lien or obligation of UASC or any other person or entity in any manner related thereto, or otherwise amend, supplement or change in any manner any Lease Obligations or Lease Claim or any such agreement, guaranty, lien or obligation; and, 7.1.3 Increase or reduce the amount of any Lease Obligation or Lease Claim or any amounts payable in respect thereof; and, 7.1.4 Release or discharge any Lease Obligation or Lease Claim or any guaranty thereof or any agreement or obligation of UASC or any other person or entity with respect thereto; and, 7.1.5 Take or fail to take any collateral security for any Lease Obligation or Lease Claim or take or fail to take any action which may be necessary or appropriate to ensure that any security interest or lien upon any property securing any Lease Obligation or Lease Claim is duly enforceable or perfected or entitled to priority as against any other lien or to ensure that any proceeds of any property subject to any security interest or lien are applied to the payment of any Lease Obligation or Lease Claim; and, 7.1.6 Release, discharge or permit the lapse of any or all security interests or liens upon any property at any time securing any Lease Obligation or Lease Claim; and, 7.1.7 Exercise or enforce, in any manner, order or sequence, or fail to exercise or enforce, any right or remedy against UASC or any collateral security or any other person, entity or property in respect of any Lease Obligation or Lease Claim or any security interest or lien securing any Lease Obligation or Lease Claim or any right under this Agreement, and apply any payment or proceeds of collateral in any order of application; and, 7.1.8 Sell, exchange, release, foreclose upon, or otherwise deal with any property that may at any time be subject to any security interest or lien securing any Lease Obligation or Lease Claim.

Appears in 1 contract

Samples: Subordination Agreement (Windrose Medical Properties Trust)

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