Amendments Requested by Mortgagee. If requested by any Mortgagee or prospective Mortgagee, Tenant agrees to execute and deliver any amendment of this Lease that is reasonably required by such Mortgagee or prospective Mortgagee; provided, that Tenant shall be under no obligation to amend this Lease if the result of such amendment would be to materially and adversely increase Tenant’s obligations or to materially and adversely affect Tenant’s rights under this Lease or to amend Article 5. Any such amendment shall be in effect only for the period of time in which such Mortgage is outstanding.
Appears in 8 contracts
Samples: Lease Agreement (ESH Hospitality, Inc.), Lease Agreement (ESH Hospitality, Inc.), Lease Agreement (ESH Hospitality, Inc.)
Amendments Requested by Mortgagee. If requested by any Mortgagee Mortgagee, or prospective Mortgagee, Tenant agrees to execute and deliver any amendment of this Lease that is reasonably required by such Mortgagee or prospective Mortgagee; provided, that Tenant shall be under no obligation to amend this Lease if the result of such amendment would be to materially and adversely increase Tenant’s obligations or to materially and adversely affect Tenant’s rights under this Lease or to amend Article 5. Any such amendment shall be in effect only for the period of time in which such Mortgage is outstanding.
Appears in 2 contracts
Samples: Lease Agreement (Extended Stay America, Inc.), Lease Agreement (ESH Hospitality LLC)
Amendments Requested by Mortgagee. (a) If requested by any Mortgagee or prospective Mortgagee, Tenant agrees to execute and deliver any amendment of this Lease Agreement that is reasonably required by such Mortgagee or prospective Mortgagee; provided, provided that Tenant shall be under no obligation to amend this Lease Agreement if the result of such amendment would be to materially and adversely increase Tenant’s 's obligations or to materially and adversely affect Tenant’s 's rights under this Lease Agreement or to amend Article Section 5. Any such amendment shall be in effect only for the period of time in which such Mortgage is outstanding.
Appears in 1 contract
Amendments Requested by Mortgagee. If requested by any Mortgagee or prospective Mortgagee, Tenant agrees to execute and deliver any amendment of this Lease that is reasonably required by such Mortgagee or prospective Mortgagee; provided, provided that Tenant shall be under no obligation to amend this Lease if the result of such amendment would be to materially and adversely increase Tenant’s obligations or to materially and adversely affect Tenant’s rights under this Lease or to amend Article 56. Any such amendment shall be in effect only for the period of time in which such Mortgage is Loan Documents are outstanding.
Appears in 1 contract
Amendments Requested by Mortgagee. If requested by any Mortgagee or prospective Mortgagee, Tenant agrees to execute and deliver any amendment of this Lease Agreement that is reasonably required by such Mortgagee or prospective Mortgagee; provided, provided that Tenant shall be under no obligation to amend this Lease Agreement if the result of such amendment would be to materially and adversely increase Tenant’s obligations or to materially and adversely affect Tenant’s rights under this Lease Agreement or to amend Article 5. Any such amendment shall be in effect only for the period of time in which such Mortgage is outstanding.
Appears in 1 contract
