Common use of Amendments for Financing Clause in Contracts

Amendments for Financing. If, in connection with obtaining financing for the Real Property, a banking, insurance or other recognized institutional lender shall request modifications in this lease as a condition to such financing, Tenant will not withhold, delay or defer its consent thereto, provided that such modifications do not increase the monetary obligations of Tenant hereunder.

Appears in 2 contracts

Samples: Lease (Long Distance Direct Holdings Inc), Frontline Communication Corp

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Amendments for Financing. If, in connection with obtaining financing for the Real Property, a banking, insurance or other recognized institutional lender shall request modifications in this lease as a condition to such financing, Tenant will not withhold, delay or defer its consent thereto, provided that such modifications do not increase both the monetary and nonmonetary obligations of Tenant hereunder nor materially diminish Tenant's rights hereunder.*

Appears in 1 contract

Samples: Blue Hill Plaza Lease (Quintel Entertainment Inc)

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Amendments for Financing. If, in connection with obtaining financing for the Real Property, a banking, insurance or other recognized institutional lender shall request commercially reasonable modifications in this lease as a condition to such financing, Tenant will not withhold, delay or defer its consent thereto, provided that such modifications do not increase the monetary obligations of Tenant hereunder, decrease its rights or impose additional material obligations on Tenant and are in a form and substance reasonably satisfactory to Tenant.

Appears in 1 contract

Samples: Lease (Vision Sciences Inc /De/)

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