Borrower to Comply with Leases Sample Clauses

Borrower to Comply with Leases. Borrower will, at its own cost and expense:
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Borrower to Comply with Leases. Borrower covenants and agrees that it will, at its own cost and expense: FAITHFULLY ABIDE BY, PERFORM AND DISCHARGE EACH AND EVERY MATERIAL OBLIGATION, COVENANT AND AGREEMENT UNDER EACH AND EVERY LEASE OF THE PROPERTY TO BE PERFORMED BY THE LANDLORD THEREUNDER ON OR BEFORE THE EXPIRATION OF THE APPLICABLE NOTICE AND CURE PERIOD SET FORTH THEREIN; USE REASONABLE EFFORTS, IN GOOD FAITH, TO ENFORCE OR SECURE THE PERFORMANCE OF EACH AND EVERY MATERIAL OBLIGATION, COVENANT, CONDITION AND AGREEMENT OF SAID LEASES BY THE TENANTS THEREUNDER TO BE PERFORMED; NOT BORROW AGAINST, PLEDGE OR FURTHER ASSIGN ANY RENTALS DUE UNDER SAID LEASES EXCEPT PURSUANT TO THE SECURITY DOCUMENTS; NOT PERMIT THE PREPAYMENT OF ANY RENTS DUE UNDER ANY LEASE FOR MORE THAN THIRTY (30) DAYS IN ADVANCE NOR FOR MORE THAN THE NEXT ACCRUING INSTALLMENT OF RENTS, NOR ANTICIPATE, DISCOUNT, COMPROMISE, FORGIVE OR WAIVE ANY SUCH RENTS WITHOUT THE PRIOR WRITTEN CONSENT OF LENDER; NOT WAIVE, EXCUSE CONDONE OR IN ANY MANNER RELEASE OR DISCHARGE ANY TENANTS OF OR FROM THE MATERIAL OBLIGATIONS, COVENANTS, CONDITIONS AND AGREEMENTS BY SAID TENANTS TO BE PERFORMED UNDER THE LEASES WITHOUT THE PRIOR WRITTEN CONSENT OF LENDER; NOT PERMIT ANY MATERIAL MODIFICATION OR AMENDMENT TO ANY OF THE LEASES UNLESS SUCH MODIFICATION OR AMENDMENT IS NOT MATERIALLY LESS FAVORABLE OVERALL ON A COMMERCIAL BASIS WHEN COMPARED TO THE ORIGINAL TERMS, WITHOUT THE PRIOR WRITTEN CONSENT OF LENDER; NOT TO TERMINATE ANY LEASE OR ACCEPT A SURRENDER THEREOF EXCEPT BY REASON OF A DEFAULT BY THE TENANT THEREUNDER, OR AS OTHERWISE PROVIDED BY SUCH LEASE; AND PROVIDE EXECUTED COPIES OF ANY NEW LEASES, AND AMENDMENTS, RENEWALS OR MODIFICATIONS TO LEASES (SUBJECT TO THE PROHIBITION IN PARAGRAPH (F) ABOVE) ENTERED INTO BY BORROWER FROM AND AFTER THE DATE OF THIS DEED OF TRUST. LENDER'S RIGHT TO PERFORM UNDER LEASES. Should the Borrower fail to perform, comply with or discharge any material obligations of Borrower under any lease or should the Lender become aware of or be notified by any tenant under any lease of a failure on the part of Borrower to so perform, comply with or discharge its material obligations under said lease, Lender may upon the expiration of the applicable cure period provided in the lease for the obligation in question, but shall not be obligated to, with prior written notice to Borrower but without waiving or releasing Borrower from any obligation in this Deed of Trust contained, remedy such failure, and the Borrower ...
Sample 1
Borrower to Comply with Leases. (a) Performance of Leases. Borrower will, at its own cost and expense: (i) faithfully abide by, perform and discharge in all material respects each and every obligation, covenant and agreement under any Lease to be performed by the landlord thereunder; and (ii) enforce or secure the performance of each and every material obligation, covenant, condition and agreement in any Lease by the tenant thereunder to be performed;
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Related to Borrower to Comply with Leases

  • Obligation to comply with notice The Borrower shall comply with a notice under Clause 6.1 by the date specified in the notice.

  • Comply with Laws It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document to which it is a party.

  • Transfer to Comply with the Securities Act This Warrant, and the Warrant Shares, have not been registered under the 1933 Act. This Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant may only be sold, transferred, pledged or hypothecated (other than to an Affiliate) if (a) there exists an effective registration statement under the 1933 Act relating to such security or (b) the Company has received an opinion of counsel reasonably satisfactory to the Company that registration is not required under the 1933 Act. Until such time as registration has occurred under the 1933 Act, each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend, in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section 7. Any such transfer shall be accompanied by a transferor assignment substantially in the form attached to this Warrant as Exhibit B (the “Transferor Assignment”), executed by the transferor and the transferee and submitted to the Company. Upon receipt of the duly executed Transferor Assignment, the Company shall register the transferee thereon as the new Holder on the books and records of the Company and such transferee shall be deemed a “registered holder” or “registered assign” for all purposes hereunder, and shall have all the rights of the Holder.

  • Failure to Comply with the 1934 Act So long as the Buyer beneficially owns the Note, the Company shall comply with the reporting requirements of the 1934 Act; and the Company shall continue to be subject to the reporting requirements of the 1934 Act.

  • Covenant to Comply with Applicable Laws Upon Repurchase of Notes In connection with any repurchase offer, the Company will, if required:

  • Compliance with the Laws and Agreements; No Defaults (a) Each of the Borrower and each Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

  • Conformity with TIA Each amendment of this Indenture executed under this Article IX will conform to the requirements of the TIA as then in effect so long as this Indenture is qualified under the TIA.

  • TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933 This Warrant or the Warrant Shares or any other security issued or issuable upon exercise of this Warrant may not be sold or otherwise disposed of except as follows:

  • Compliance with the Organizational Documents The Company shall not take any action or omit to take any action that would cause the Company to be in breach or violation of the Amended and Restated Certificate of Incorporation.

  • COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS The Trust assumes full responsibility for its compliance with all securities, tax, commodities and other laws, rules and regulations applicable to it.

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