Common use of Condominium Covenants Clause in Contracts

Condominium Covenants. (a) Borrower shall (i) perform all of its obligations under the Condominium Documents, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect and (ii) subject to its right to contest, if any, under the Condominium Documents, pay, when due and payable, all Condominium Charges.

Appears in 3 contracts

Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc)

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Condominium Covenants. (a) Borrower shall (i) perform all of its obligations under the Condominium Documents, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect and (ii) subject to its right to contest, if any, under the Condominium Documents, pay, when due and payable, all Condominium Charges.. 99

Appears in 1 contract

Samples: Loan Agreement (Alexanders Inc)

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