GRANTOR TO COMPLY WITH LEASES. Grantor will, at its own cost and expense, perform, comply with and discharge all of the obligations of Grantor under leases of all or any part of the Premises and use its best efforts to enforce or secure the performance of each obligation and undertaking of the respective tenants under any such leases and will appear in and defend, at its own cost and expense, any action or proceeding arising out of or in any manner connected with Grantor's interest in any leases pertaining to the Premises. Grantor shall not (a) execute any other assignment of any rentals due under the leases; (b) execute any future leases of any portion of the Premises, without the prior written consent of Beneficiary, provided, however, that so long as no Event of Default then exists, Grantor may, in the ordinary course of business in the exercise of sound business judgment, execute future leases without the prior written consent of Beneficiary if such lease (i) is for a tenant which occupies not more than five thousand (5,000) square feet of space [any tenant occupying more than five thousand (5,000) square feet of space is herein referred to as a "Major Tenant"], (ii) is for a primary term of not more than five (5) years (including renewal options), (iii) provides for an annual rental rate of not less than Fifteen Dollars ($15.00) per square foot, and (iv) is on the standard form of lease attached as Exhibit D to that certain Borrower's Closing Certificate of even date herewith, from Grantor, as Borrower, to Beneficiary, as Lender; (c) terminate or consent to the cancellation or surrender of any lease or tenancy of the Premises or of any part thereof, now existing or hereafter to be made; (d) modify, alter, amend, renew or extend the terms of any lease or tenancy, including without limitation, shortening the unexpired term thereof or decreasing the amount of any rentals payable thereunder; (e) accept prepayments of any installments of rents to become due and payable under any lease or tenancy for more than each current month in advance; (f) consent to an assignment or subletting, in whole or in part, without the prior written consent of Beneficiary; (g) consent to a release of any lessee obligation under any lease; (h) incur any indebtedness to any lessee; (i) agree to the settlement of any obligations of the lessee under a lease, without the prior written consent of Beneficiary; or (j) in any other manner materially impair the value of the Premises or the security of Beneficiary for...
