Labor/Materials. Mxxxxxxxx agrees to promptly pay before delinquent, or cause to be paid before delinquent, all bills for labor and materials incurred in the operation of the Mortgaged Property, except any that is being contested in good faith and as to which satisfactory accruals have been provided; will promptly pay its share of all costs and expenses incurred under any joint operating agreement affecting the Mortgaged Property or any portion thereof; will furnish Mortgagee, as and when requested, full information as to the status of any joint account maintained with others under any such operating agreement; will not take any action to incur any liability or Lien thereunder; and will not enter into any new operating agreement or amendment of existing operating agreement affecting the Mortgaged Property that in Mortgagor’s commercially reasonable opinion would diminish or alter Mxxxxxxxx’s net revenue interest therein, all without prior written consent of the Mortgagee.
Labor/Materials a. Contractor shall base its price upon the use of items specifically named in the Contract Documents. No changes or substitutions will be considered after the execution of the Contract except those that, in the sole opinion of the Owner, will result in an improvement to the original scope of the Project, a savings to the Owner, or both. The Owner may consider substitutions required due to availability. The Owner must approve all proposed changes or substitutions, in advance, and in writing.
