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. 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. 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. 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. Borrower will not suffer or permit any breach or default to occur in any of Owner'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 Owner 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. 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 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.
Defaults Under Leases. Manager shall promptly notify Owner of any material defaults by tenants under their Leases. Manager may, at Owner’s expense, with Owner’s prior approval, engage counsel and cause such legal proceedings to be initiated and prosecuted as may be necessary to enforce the Leases.
Defaults Under Leases. No Borrower will suffer or permit any material breach or default to occur in any of such Borrower's obligations under any Project Lease or suffer or permit the same to terminate by reason of any failure of such Borrower to meet any requirement of any Project Lease. Each Borrower shall notify Lender promptly in writing in the event the Project Lessee commits a material default under such Borrower's Project Lease and shall deliver to Lender a copy of each notice of default sent or received under any Project Lease, within five (5) Business Days after the sending or receipt thereof, as the case may be.
Defaults Under Leases. Borrowers will not suffer or permit (i) any breach or default to occur in any of Borrowers’ or landlord’s obligations under any of the Leases, or (ii) any Lease termination by reason of any failure of any Borrower or landlord to meet any requirement of any Lease, including those with respect to any time limitation within which any of Borrowers’ work is to be done or the space is to be available for occupancy by the lessee. Borrowers shall notify Lender in writing in the event a Tenant commits a material default under a Lease, promptly after any Borrower becomes aware of any such material default.
