Common use of Leasing Matters Regarding Unencumbered Pool Properties Clause in Contracts

Leasing Matters Regarding Unencumbered Pool Properties. Each Obligor shall (or shall cause the applicable Unencumbered Property Owner with respect to such Unencumbered Pool Property to) (i) observe and perform the material obligations imposed upon the landlord under the Tenant Leases in a commercially reasonable manner; (ii) enforce the terms, covenants and conditions contained in each Tenant Lease against the Tenant thereunder in a commercially reasonable manner, (iii) only amend or waive the terms, covenants and conditions contained in the Tenant Leases in a commercially reasonable manner, (iv) with regard to any Tenant Lease, not terminate any such Tenant Lease or accept a surrender of any such Tenant Lease except by reason of a tenant default or if otherwise commercially reasonable, (v) shall not collect any of the rents from Tenant Leases more than one (1) month in advance (other than security deposits) and (vi) not execute any assignment of lessor’s interest in the Tenant Leases or the rents from Tenant Lease. Section 9.15

Appears in 1 contract

Samples: Joinder Agreement (Physicians Realty Trust)

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Leasing Matters Regarding Unencumbered Pool Properties. Each Obligor shall The Borrower (or shall cause the applicable Unencumbered Property Owner with respect to such Unencumbered Pool Property toProperty) (i) shall observe and perform the material obligations imposed upon the landlord under the Tenant Leases in a commercially reasonable manner; (ii) shall enforce the terms, covenants and conditions contained in each Tenant Lease against the Tenant thereunder in a commercially reasonable manner, (iiiy) only may amend or waive the terms, covenants and conditions contained in the Tenant Leases in a commercially reasonable manner, (iviii) shall, with regard to any Tenant Lease, not terminate any such Tenant Lease or accept a surrender of any such Tenant Lease except by reason of a tenant default or if otherwise commercially reasonable, ; (viv) shall not collect any of the rents from Tenant Leases more than one (1) month in advance (other than security deposits) ); and (viv) shall not execute any assignment of lessor’s interest in the Tenant Leases or the rents from Tenant Lease. Section 9.15.

Appears in 1 contract

Samples: Credit Agreement (Physicians Realty Trust)

Leasing Matters Regarding Unencumbered Pool Properties. Each Obligor shall The Borrower (or shall cause the applicable Unencumbered Property Owner with respect to such Unencumbered Pool Property toProperty) (i) shall observe and perform the material obligations imposed upon the landlord under the Tenant Leases in a commercially reasonable manner; (ii) shall enforce the terms, covenants and conditions contained in each Tenant Lease against the Tenant thereunder in a commercially reasonable manner, (iii) only may amend or waive the terms, covenants and conditions contained in the Tenant Leases in a commercially reasonable manner, (iv) shall, with regard to any Tenant Lease, not terminate any such Tenant Lease or accept a surrender of any such Tenant Lease except by reason of a tenant default or if otherwise commercially reasonable, ; (v) shall not collect any of the rents from Tenant Leases more than one (1) month in advance (other than security deposits) ); and (vi) shall not execute any assignment of lessor’s interest in the Tenant Leases or the rents from Tenant Lease. Section 9.1595

Appears in 1 contract

Samples: Credit Agreement (Physicians Realty L.P.)

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Leasing Matters Regarding Unencumbered Pool Properties. Each Obligor shall (or shall cause the applicable Unencumbered Property Owner with respect to such Unencumbered Pool Property to) (i) observe and perform the material obligations imposed upon the landlord under the Tenant Leases in a commercially reasonable manner; , (ii) enforce the terms, covenants and conditions contained in each Tenant Lease against the Tenant thereunder in a commercially reasonable manner, (iii) only amend or waive the terms, covenants and conditions contained in the Tenant Leases in a commercially reasonable manner, (iv) with regard to any Tenant Lease, not terminate any such Tenant Lease or accept a surrender of any such Tenant Lease except by reason of a tenant default or if otherwise commercially reasonable, (v) shall not collect any of the rents from Tenant Leases more than one (1) month in advance (other than security deposits) and (vi) not execute any assignment of lessor’s interest in the Tenant Leases or the rents from Tenant Lease. Section 9.15.

Appears in 1 contract

Samples: Physicians Realty Trust

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