and 8. 11. Nothing contained herein shall be deemed to authorize Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligation or the rights of any Lender or to authorize Agent to vote in respect of the claim of any Lender in any such proceeding.
and 8. 2.1.2., shall be deleted. Paragraphs 9.1. to 9.2.2., amend to read:
and 8. 5.2 to add or replace a depository bank or any Blocked Account; provided that (i) the Agent shall have consented in writing in advance to the opening of such new or replacement Blocked Account with the relevant bank (which consent shall not be unreasonably withheld or delayed) and (ii) prior to the time of the opening of such account, the applicable Credit Party and such bank shall have executed and delivered to the Agent a Blocked Account Agreement in form and substance reasonably satisfactory to the Agent in its sole discretion. Each Credit Party shall cease using any Blocked Account to hold proceeds of Collateral promptly and in any event within 30 days (or such later date as the Agent may, in its sole reasonable discretion, consent to in writing) following notice from the Agent to the Borrower Agent that (A) the creditworthiness of the bank holding such Blocked Account is no longer acceptable in the Agent’s Credit Judgment, or (B) the operating performance, funds transfer or availability procedures or performance with respect to accounts or lockboxes of the bank holding such Blocked Account or Agent’s liability under any Blocked Account Agreement with such bank is no longer acceptable in the Agent’s Credit Judgment.
and 8. 2.1.1 do not apply. Seller x x x x x x x so b e responsible for obtaining any required Xxxxxx's Policy. Seller shall pay for a standard Owner's Policy and a standard Lender's Policy providing standard coverage in the amount of the Total Purchase Price at standard insurance rates, and all related search fees.
and 8. 1.2.1; provided, however, upon the occurrence of an Event of Default identified in any of Sections 8.1.1.14 through 8.1.1.16, the unpaid principal amount under the Loan, all interest and all other amounts outstanding under this Agreement or any other Transaction Document shall automatically become due and payable without further act of Lender:
and 8. 2., amend to read:
and 8. 4.1.1., shall be deleted Insert new paragraphs 8.4.1. to 8.4.1.3., to read:
and 8. 6.6 and with the Guaranty Condition on a pro forma basis after giving effect to such release and (ii) no Default exists at the time of such release or would result from such release as stated in the pro forma Compliance Certificate.
and 8. 7.6, respectively, of Title VIII (Zoning)], in a Residential Zone, the yards shall be as follows:
and 8. .04. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this clause shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with clause (d) of this Section.
