Common use of Consent and Reaffirmation of Borrower Clause in Contracts

Consent and Reaffirmation of Borrower. a. Borrower hereby represents and warrants to Lender that it has reviewed the Purchase Agreement, this Agreement and all the documents executed in accordance therewith or herewith. Borrower consents to the Transaction under the terms of the Purchase Agreement and this Agreement. Borrower further covenants and agrees that the Transaction shall not, and shall not be deemed to, impair, limit, abrogate or reduce in any manner or to any extent the liability or obligations of Borrower under the Loan Documents, except as modified herein. b. Borrower hereby renews, reaffirms, ratifies and confirms the Note, the Mortgage and the other Loan Documents and acknowledges and agrees that the Loan Documents remain in full force and effect without impairment and without modification, except as specifically provided in this Agreement, and that no rights or remedies of Lender under the Loan Documents have been waived. c. Borrower hereby acknowledges, agrees and warrants that all rights, priorities, titles, liens and equities securing the payment of the Note are expressly recognized as valid and are in all things renewed, continued and preserved in force to secure payment of the Note, except as amended herein.

Consent and Reaffirmation of Borrower. a. Borrower hereby represents and warrants to Lender that it Borrower has reviewed this Agreement and the Purchase Agreement, this Merger Agreement and all the documents executed in accordance therewith or herewith. Borrower consents to the Transaction under the terms and conditions of the Purchase this Agreement and this the Merger Agreement. Borrower further covenants and agrees that the Transaction shall not, and shall not be deemed to, impair, limit, abrogate or reduce in any manner or to any extent the liability or obligations of Borrower under the Loan Documents, except as modified herein. b. Borrower hereby renews, reaffirms, ratifies and confirms the Note, the Mortgage and the other Loan Documents to which it is a party and acknowledges and agrees that the such Loan Documents remain in full force and effect without impairment and without modification, modification (except as specifically provided in this Agreementherein), and that no rights or remedies of Lender under the Loan Documents have been waived. Borrower reaffirms the truth and accuracy in all material respects of all representations and warranties made by Borrower in the Loan Documents as if such representations and warranties were made on the Effective Date. Borrower confirms that the recitals of this Agreement are true and accurate. c. Borrower hereby acknowledgesagrees to continue to pay, agrees perform, and warrants that all rights, priorities, titles, liens discharge each and equities securing every obligation of Borrower for the payment of and performance under, pursuant to and as set forth in the Note are expressly recognized as valid Loan Documents at the time and are in all things renewedmanner therein provided. d. To the extent applicable, continued Borrower agrees to maintain and preserved in force comply with any existing Operations and Maintenance Plan (such plan, an “O&M Plan”) affecting any Property to secure payment of the Note, except as amended hereinfullest extent required by such O&M plan.