Common use of Administrative Agent Advances Clause in Contracts

Administrative Agent Advances. (a) Administrative Agent is authorized, from time to time, in Administrative Agent’s sole discretion to expend funds, on behalf of Lenders (“Administrative Agent Advances”), (i) to pay any costs, fees and expenses as described in Section 7.10 herein and (ii) when Administrative Agent deems necessary or desirable to preserve or protect the Collateral or any portion thereof (including those with respect to property taxes, insurance premiums, completion of construction, operation, management, improvements, maintenance, repair, sale and disposition) (A) subject to Section 6.5, after the occurrence of a Default, and (B) subject to Section 6.10, after acquisition of all or a portion of the Collateral by foreclosure or otherwise.

Administrative Agent Advances. (a) Administrative Agent is authorized, from time to time, in Administrative Agent’s sole discretion to expend funds, on behalf of Lenders (“Administrative Agent Advances”), (i) to pay any costs, fees and expenses as described in Section 7.10 herein 6.10, and (ii) when Administrative Agent deems necessary or desirable to preserve or protect the Collateral or any portion thereof (including those Taxes, Common Charges, Insurance Premiums, and other costs, fees and expenses with respect to property taxesoperation, insurance premiums, completion of construction, operationleasing, management, improvements, maintenance, repair, sale and disposition) (Ay) subject to Section 6.55.5, after the occurrence of a Default, and (Bz) subject to Section 6.105.10, after acquisition of all or a portion of the Collateral by foreclosure or otherwise.

Administrative Agent Advances. (a) Administrative Agent is authorized, from time to time, in Administrative Agent’s sole discretion to expend funds, on behalf of Lenders (“Administrative Agent Advances”), (i) to pay any costs, fees and expenses as described in Section 7.10 herein 6.10 herein, and (ii) when Administrative Agent deems necessary or desirable to preserve or protect the Collateral Loan collateral or any portion thereof (including those with respect to property taxesTaxes, insurance premiums, completion of constructionInsurance Premiums, operation, management, improvements, maintenance, repair, sale and disposition) (A) subject to Section 6.55.5, after the occurrence of a Default, and (B) subject to Section 6.105.10, after acquisition of all or a portion of the Collateral Loan collateral by foreclosure or otherwise.

Administrative Agent Advances. (a) Administrative Agent is authorized, from time to time, in Administrative Agent’s sole discretion to make, authorize or determine advances of the Loan, or otherwise expend funds, on behalf of Lenders (“Administrative Agent Advances”), (i) to pay any costs, fees and expenses as described in Section 7.10 herein 8.11 herein, (ii) when the applicable conditions precedent set forth in Exhibit B have been satisfied to the extent required by Administrative Agent, and (iiiii) when Administrative Agent deems necessary or desirable to preserve or protect the Collateral or any portion thereof (including those with respect to property taxes, insurance premiums, completion of construction, operation, management, improvements, maintenance, repair, sale and disposition) (A) Loan collateral subject to Section 6.5, after the occurrence of a Default, and (B) subject to Section 6.10, after acquisition of all or a portion of the Collateral by foreclosure or otherwise.