Common use of Defaults Under Leases Clause in Contracts

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. 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 OperatorTenant.

Defaults Under Leases. Borrowers Borrower will not suffer or permit any material breach or material default to occur in any of Borrowers’ Borrower’s obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any material requirement of any Lease, which . Borrower will promptly notify Lender in the event of any default or failure results in by a Material Adverse Change, including, without limitation, non-residential tenant under any Operating Lease between any of the Borrowers and any Operatorits Lease.

Defaults Under Leases. Borrowers Borrower will not suffer or permit any ----------------------- breach or material default to occur in any of Borrowers’ Borrower's obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any requirement of any Lease, Lease including those with respect to any time limitation within which default or failure results in a Material Adverse Change, including, without limitation, under any Operating Lease between any of Borrower's work is to be done or the Borrowers and any Operatorspace is to be available for occupancy by the lessee.

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 the Sumter Place Operating Lease between any of the Borrowers and any OperatorSublease.

Defaults Under Leases. Borrowers Borrower will not suffer or permit any breach or material default to occur in any of Borrowers’ Borrower’s obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any requirement of any Lease, Lease including those with respect to any time limitation within which default or failure results in a Material Adverse Change, including, without limitation, under any Operating Lease between any of Borrower’s work is to be done or the Borrowers and any Operatorspace is to be available for occupancy by the lessee. Borrower shall notify Lender promptly in writing in the event a non-residential Tenant commits a material default under a Lease.

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 any of Borrowers to meet any requirement of any Lease, which default or failure results in could reasonably be expected to have a Material Adverse Change, including, without limitation, under any Operating Lease between any of the Borrowers and any OperatorEffect.

Defaults Under Leases. Borrowers will Borrower shall not suffer or permit any material breach or material default to occur in any of Borrowers’ Borrower’s obligations under any of the Material Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any requirement of any Material Lease, which . Borrower shall notify Lender promptly in writing in the event a non-residential Tenant commits a material default or failure results in under a Material Adverse Change, including, without limitation, under any Operating Lease between any of the Borrowers and any OperatorLease.

Defaults Under Leases. Borrowers Borrower will not suffer or permit any breach or material default to occur in any of Borrowers’ Borrower's obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower 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. Borrowers Borrower will not suffer or permit any breach or material default to occur in any of Borrowers’ Borrower’s obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any requirement of any Lease, Lease including those with respect to any time limitation within which default or failure results in a Material Adverse Change, including, without limitation, under any Operating Lease between any of Borrower’s work is to be done or the Borrowers and any Operatorspace is to be available for occupancy by the lessee.

Defaults Under Leases. Borrowers will Borrower shall not suffer or permit any material breach or material default to occur in any of Borrowers’ Borrower’s obligations under any of the Leases nor suffer or permit the same to terminate by reason of any failure of Borrowers Borrower to meet any requirement of any Lease, which . Borrower shall notify Lender promptly in writing in the event a Tenant under a Commercial Lease commits a material default or failure results in under a Material Adverse Change, including, without limitation, under any Operating Lease between any of the Borrowers and any OperatorLease.