Agent’s Right to Complete. In addition to any other rights and remedies which Agent may have under this Loan Agreement and the other Loan Documents or pursuant to law or equity, and without limitation thereof, after the occurrence and during the continuance of any Event of Default, Agent may, enter upon and into possession of the Premises, and any other Collateral and complete any alterations or any construction of improvements then underway with such changes therein as Agent may from time to time deem appropriate, all at the sole risk, cost and expense of Borrower, incur FF&E Expenditures and Capital Expenditures and/or alter, improve, maintain, replace, restore, repair, operate, use or lease of all or any portion of the Premises. Agent shall have the right, at any and all times, to discontinue any work commenced by Agent with respect to the construction or any capital improvement or to change any course of action undertaken by it and shall not be bound by any limitations or requirements of time whether set forth herein or otherwise. Agent shall have the right and power (but shall not be obligated) to assume all or any portion of the obligations of Borrower under any or all agreements as Agent may elect and to take over and use all or any part or parts of the labor, materials, supplies and equipment contracted for by or on behalf of Borrower, whether or not previously incorporated into the Premises. In connection with any alteration, improvement, maintenance, replacement, restoration or repair, undertaken by Agent pursuant to the provisions of this Section 8.4, Agent may do any or all of the following as Agent may elect:
(i) engage builders, construction managers, architects, general and trade contractors, suppliers, architects, engineers, inspectors and others for the purpose of furnishing labor, materials, equipment and fixtures;
(ii) pay, settle or compromise all bills or claims which may become Liens against the Premises, or which have been or may be incurred in any manner in connection with such work or for the discharge of liens, encumbrances or defects in the title of the Premises; and
(iii) take such other action (including the employment of watchmen and the taking of other measures to protect the Premises) or refrain from acting under this Loan Agreement as Agent may in from time to time determine without any limitation whatsoever.
Agent’s Right to Complete. In addition to any other rights and remedies which Agent may have under this Loan Agreement and the other Loan Documents or pursuant to law or equity, and without limitation thereof, after the occurrence and during the continuance of any Event of Default, Agent may, enter upon and into possession of the Premises, and any other Collateral and complete the construction of the Required Improvements, with such changes therein as Agent may from time to time deem appropriate, all at the sole risk, cost and expense of Borrower, incur FF&E Expenditures and Capital Expenditures and/or alter, improve, maintain, replace, restore, repair, operate, use or lease of all or any portion of the Premises. Agent shall have the right, at any and all times, to discontinue any work commenced by Agent with respect to the construction of the Required Improvements or any capital improvement or to change any course of action undertaken by it and shall not be bound by any limitations or requirements of time whether set forth herein or otherwise. Agent shall have the right and power (but shall not be obligated) to assume all or any portion of the obligations of Property Owner under any or all agreements, including Construction Contracts, as Agent may elect and to take over and use all or any part or parts of the labor, materials, supplies and equipment contracted for by or on behalf of Property Owner, whether or not previously incorporated into the Premises. In connection with any portion of the construction of the Required Improvements or other alteration, improvement, maintenance, replacement, restoration or repair, undertaken by Agent pursuant to the provisions of this Section 8.4, Agent may do any or all of the following as Agent may elect:
(i) engage builders, construction managers, architects, general and trade contractors, suppliers, architects, engineers, inspectors and others for the purpose of furnishing labor, materials, equipment and fixtures in connection with the construction of the Required Improvements;
(ii) pay, settle or compromise all bills or claims which may become Liens against the Premises, or which have been or may be incurred in any manner in connection with such work or for the discharge of liens, encumbrances or defects in the title of the Premises; and
(iii) take such other action (including the employment of watchmen and the taking of other measures to protect the Premises) or refrain from acting under this Loan Agreement as Agent may in from time to time ...
Agent’s Right to Complete. In addition to any other rights and remedies which Agent may have under this Agreement and the other Loan Documents or pursuant to law or equity, and without limitation thereof, after the occurrence and during the continuance of any Event of Default, Agent may enter upon and/or into possession of the Mortgaged Property (or any portion thereof), and any other Collateral and complete any construction that has been commenced by Borrower. Agent shall have the right, at any and all times, to discontinue any work commenced by Agent with respect to any construction commenced by Borrowers (or any portion thereof) or to change any course of action undertaken by it and shall not be bound by any limitations or requirements of time whether set forth herein or otherwise.
