Alteration of Secured Property. Grantor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration in an amount greater than $100,000.00 in any calendar year, without Beneficiary’s prior written consent, except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease approved by Beneficiary in writing, and (2) ordinary, non-structural maintenance work.
Alteration of Secured Property. Mortgagor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Mortgagee’s prior written consent, which shall not be unreasonably withheld, except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease approved by Mortgagee in writing (to the extent that such approval is required under the terms of the Loan Instruments), (2) ordinary, non-structural maintenance work, and (3) construction, additions or alterations costing less than $500,000.
Alteration of Secured Property. Mortgagor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Mortgagee’s prior written consent, except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease entered into by Mortgagor in accordance with this Mortgage, and (2) ordinary, non-structural maintenance work. Notwithstanding the foregoing, Mortgagee shall not unreasonably withhold its consent to structural maintenance work.
Alteration of Secured Property. Mortgagor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Mortgagee’s prior written consent, which shall not be unreasonably withheld, MORTGAGE, ASSIGNMENT OF LEASES AND RENTS AND SECURITY AGREEMENT 096780 000064 DALLAS 2814275.4 Loan No. 374-0366 Florida except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease approved by Mortgagee in writing (to the extent that such approval is required under the terms of the Loan Instruments), (2) ordinary, non-structural maintenance work, and (3) construction, additions or alterations to any Individual Property costing less than $250,000.
Alteration of Secured Property. Trustor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Beneficiary's prior written consent, except for (l) tenant improvement work provided for in any Lease in effect on the date hereof and in any other current or future Lease approved or deemed approved by Beneficiary in writing, and (2) ordinary, non-structural maintenance and repair work.
Alteration of Secured Property. Borrower shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Lender's prior written consent, except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease approved by Lender in writing, and (2) ordinary, non-structural maintenance work.
Alteration of Secured Property. Grantor shall not demolish, remove, construct, restore, add to or alter any portion of the Secured Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Beneficiary's prior written consent, except for: (1) tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease entered into in accordance with the Loan Instruments; (2) ordinary, non-structural maintenance and decorative work; (3) alterations of the Improvements that are not structural in nature and the cost of which is not reasonably anticipated to exceed the Alteration Threshold; (4) alterations required for life/safety purposes or required by Legal Requirements; and (5) work performed in connection with the restoration of a Property after the occurrence of a casualty or condemnation in accordance with the terms and provisions of this Agreement.
Alteration of Secured Property. (a) The Mortgagor shall not cause or permit the demolition, alteration or removal of any Improvements without the prior written consent of the Mortgagee and then only in accordance with any conditions subject to which the Mortgagee's consent is given.
Alteration of Secured Property. Mortgagor will not ------------------------------ demolish, remove, construct, restore, add to or alter any Improvement or any extension thereof, nor consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Mortgagee's prior written consent (which consent will not be unreasonably withheld), except for (1) tenant improvement work and tenant alterations provided for in any Lease in effect on the date hereof and any other Lease approved by Mortgagee in writing, any Lease for which Mortgagee's approval is not required, or any Lease for which Mortgagee is deemed to have given its approval under the provisions of Section 1.08(F) of this Mortgage, but such deemed approval shall be sufficient for purposes of this Section 1.05(I) ONLY if the written request for approval of ---- such Lease specifies that the request includes a request for approval of alterations of the Secured Property not otherwise permitted and describes the estimated cost thereof and attaches the work letter or refers to the work letter attached to the lease, and (2) ordinary, non-structural maintenance work, and (3) structural repairs and restorations having a cost of less than $100,000.
Alteration of Secured Property. Borrower shall not, and shall cause Property Owner to not, demolish, remove, construct, restore, add to or alter any portion of the Property or any extension thereof, or consent to or permit any such demolition, removal, construction, restoration, addition or alteration without Lender’s prior written consent, except for (1) initial tenant improvement work provided for in any Lease in effect on the date hereof and in any other Lease entered into by Property Owner in accordance with this Agreement, and (2) ordinary, non-structural maintenance work. Notwithstanding the foregoing, Lender shall not unreasonably withhold its consent to structural maintenance work. Notwithstanding the foregoing, or anything stated to the contrary in this Agreement, Lender hereby consents to Property Owner’s undertaking the repair work and capital work described in Exhibit D.
