Forgiveness of Debt. Voluntarily cancel or otherwise forgive or release any Debt owed to it by any Person, except for adequate consideration and except for settlement of lease obligations of tenants in the Borrower’s reasonable business judgment.
Appears in 15 contracts
Samples: Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.), Loan Agreement (Cedar Realty Trust, Inc.)
Forgiveness of Debt. Voluntarily cancel Cancel or otherwise forgive or release any Debt owed to it by any Person, except for upon receipt of adequate consideration and except for settlement of lease obligations of tenants in the Borrower’s reasonable business judgmentconsideration.
Appears in 2 contracts
Samples: Loan Agreement (Shelbourne Properties I Inc), Loan Agreement (Newkirk Master Lp)
Forgiveness of Debt. Voluntarily cancel Cancel or otherwise forgive or release any Debt owed to it by any Person, except for upon receipt of adequate consideration and except for settlement of lease obligations of tenants in or as otherwise approved by the Borrower’s reasonable business judgmentAgent.
Appears in 2 contracts
Samples: Loan Agreement (First Union Real Estate Equity & Mortgage Investments), Master Loan Agreement (Newkirk Master Lp)
Forgiveness of Debt. Voluntarily cancel or otherwise forgive or release any Debt owed to it by any Person, except for adequate consideration and except for settlement of lease obligations of tenants in the Borrower’s 's reasonable business judgment.
Appears in 1 contract
Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc)
Forgiveness of Debt. Voluntarily cancel or otherwise forgive or release any Debt owed to it by any Person, except for adequate consideration and except for settlement of lease obligations of tenants in the Borrower’s 's reasonable business judgmentjudgement.
Appears in 1 contract
Forgiveness of Debt. Voluntarily cancel or otherwise forgive or release any Debt owed to it by any Person, except for adequate consideration and except for settlement of lease obligations of tenants in the Borrower’s reasonable business judgmentconsideration.
Appears in 1 contract
