Continuing Existence. Borrower, without the prior written consent of the Agent, shall not (a) permit itself to be dissolved or its existence terminated, or (b) amend or modify its organizational documents if such amendment or modification could have a material adverse effect on (i) Borrower’s ability to perform its obligations under any of the Loan Documents, or (ii) the validity or priority of the Agent’s liens or security interests under the Loan Documents.
Appears in 4 contracts
Samples: Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.), Mortgage, Security Agreement (Grubb & Ellis Healthcare REIT, Inc.)
