Loan Documents; No Default Sample Clauses

Loan Documents; No Default. The Management Agreement shall obligate the Managing Agent to use good faith efforts to comply with the terms and provisions of the Loan Documents (except to the extent such provisions of the Loan Documents are not susceptible to performance except by Borrower itself), and any act or omission of the Managing Agent that otherwise would result in an Event of Default under the Loan Documents shall not be deemed an Event of Default for the purposes of this Modification Agreement. Further, the occurrence of the scheduled maturity date of February 28, 2001, and the failure of Borrower to make any monetary payments due under the Loan shall not be an Event of Default for the purposes of this Modification Agreement or under the Loan Documents.