Defaults Under Leases. Borrowers will not suffer or permit any breach or material default to occur in any of Borrowers’ obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers to meet any requirement of any Lease, which default or failure results in a Material Adverse Change, including, without limitation, under any Operating Lease between any of the Borrowers and any Operator.
Defaults Under Leases. Suffer or permit any breach or default to occur in any of Borrower’s obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrower to meet any requirement of any Lease including those with respect to any time limitation within which any of Borrower’s work is to be done or the space is to be available for occupancy by the lessee. Borrower shall notify Administrative Agent promptly in writing in the event a Tenant commits a material default under a Lease.
Defaults Under Leases. Borrower will not suffer or permit (i) any breach or default to occur in any of Borrower’s or landlord’s obligations under any of the Leases, or (ii) any Lease termination by reason of any failure of Borrower or landlord to meet any requirement of any Lease, including those with respect to any time limitation within which any of Borrower’s work is to be done or the space is to be available for occupancy by the lessee. Borrower shall notify Lender promptly in writing in the event a Tenant (other than, if applicable, a residential tenant or a tenant of a self-storage unit at the Project) commits a material default under a Lease.
Defaults Under Leases. Borrower will not suffer or permit any material breach or default to occur in any of Borrower’s obligations under any of the Leases, nor suffer or permit the same to terminate by reason of any failure of Borrower to meet any requirement of any Lease, including those requirements with respect to any time limitation within which any of Borrower’s work is to be done or the space is to be available for occupancy by the lessee. Without limiting the generality of the foregoing, a default by Borrower under the terms of an Approved Lease that would allow the tenant to withhold or delay the payment of rent, or to terminate or cancel the Approved Lease, shall constitute a Default hereunder. Borrower shall notify Lender promptly in writing in the event a tenant commits a material default under a material Lease.
Defaults Under Leases. Borrower will not suffer or permit any breach or default to occur in any of Borrower's or Master Tenant's obligations under any of the Leases (including the Master Leases) nor suffer or permit the same to terminate by reason of any failure of Borrower or Master Tenant to meet any requirement of any Lease (including any Master Lease). Borrower shall notify Lender promptly in writing in the event a non-residential Tenant commits a material default under a Lease other than Services Subleases or in the event that Master Tenant commits a default under any Master Lease.
Defaults Under Leases. Provided Purchaser has paid all reimbursement --------------------- of operating expenses required under the Interim Agreement, Seller shall have cured all defaults under each of the Leases up through the date of the Closing.
Defaults Under Leases. Not suffer or permit (i) any breach or default to occur beyond any applicable notice and cure periods in any of Borrower’s obligations under any Major Leases, (ii) any Lease termination by reason of any failure of Borrower to meet any requirement of any Major Lease, including those with respect to any time limitation within which any of Borrower’s work is to be done or the space is to be available for occupancy by the tenant. Borrower shall notify Administrative Agent promptly in writing in accordance with Section 6.2 upon a default, beyond any applicable notice and cure period, under a Major Lease (other than, if applicable, a residential tenant or a tenant of a self-storage unit at the Premises).
Defaults Under Leases. Defaults shall not exist with respect to more --------------------- than 10 Leases for store locations.
Defaults Under Leases. Borrower will not suffer or permit any breach or default to occur in any of Borrower’s obligations under any of the Leases, suffer or permit to occur any condition which would permit any Tenant to set off, withhold or otherwise axxxx rent nor suffer or permit the same to terminate by reason of any failure of Borrower to meet any requirement of any Lease including those with respect to any time limitation within which any of Borrower’s work is to be done or the space is to be available for occupancy by the lessee. Borrower shall notify Agent promptly in writing in the event a Tenant commits a material default under a Lease.
Defaults Under Leases. Borrower will not suffer or permit any breach or default to occur in any of Borrower's obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrower to meet any requirement of any Lease including those with respect to any time limitation within which any of Borrower's work is to be done or the space is to be available for occupancy by the lessee. Borrower shall notify Lender promptly in writing in the event a Tenant commits a material default under a Lease or upon the occurrence of a default by any party under the Ground Lease or Sublease. Upon request, Borrower will provide a certificate in form acceptable to Lender that no event of default as defined in the Ground Lease or Sublease then exists and no event has occurred (that has not been cured) and no condition currently exists that would, but for the giving of any required notice or expiration of any applicable cure period, constitute a default thereunder.
