Modification of the Credit Lease Sample Clauses

Modification of the Credit Lease. The Credit Tenant Lease Loan provides that the Credit Lease cannot be modified or terminated or surrendered (except for a termination by Tenant specifically provided for in the Lease) without the consent of the mortgagee thereunder. Either (i) Tenant has agreed that no modification, termination or surrender of the Credit Lease (except for a termination by Tenant specifically provided for in the Lease) will be effective without the prior written consent of mortgagee or its successor and assigns, or (ii) the Credit Tenant Lease Loan provides for the personal guaranty (the “Guaranty”) of a principal or principals of mortgagor (the “Guarantor”) of damages in connection with any modification, termination or surrender of the Credit Lease (except for a termination by Tenant specifically provided for in the Credit Lease) without the prior written consent of mortgagee or its successors and assigns.
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Modification of the Credit Lease. Each Credit Lease Loan provides that the related Credit Lease cannot be modified without the consent of the mortgagee thereunder, and the Tenants have agreed that no amendment, modification, termination or surrender of the Credit Lease (except as expressly permitted by the Credit Lease) will be effective without the prior written consent of the Representing Party or its successors and assigns, except for those Credit Leases listed on Schedule V, in which the Tenants under the related Credit Leases have not expressly agreed to the foregoing, but which Credit Lease Loans include personal recourse guaranties to principals of the Mortgagor, as landlord under the Credit Lease, for modifications made without the consent of the Representing Party or its successors and assigns;
Sample 1
Modification of the Credit Lease. Each Loan provides that the related Credit Lease cannot be modified without the consent of the mortgagee thereunder, and, except with respect to USPS Lease Loans, the Tenants have agreed that no amendment, modification, termination or surrender of the Credit Lease (except as expressly permitted by the Credit Lease) will be effective without the prior written consent of the applicable Seller or its successors and assigns, except for (i) those Credit Leases listed on Schedule III, in which the Tenants under the related Credit Leases have not expressly agreed to the foregoing, but which Loans include personal recourse guaranties to principals of the Mortgagor, as landlord under the Credit Lease, for modifications made without the consent of the applicable Seller or its successors and assigns, and (ii) the USPS Lease Loans, as to which the United States Postal Service has not agreed that any amendment, modification, termination or surrender thereof will be ineffective without the prior written consent of the Seller or its successors and assigns;
Sample 1

Related to Modification of the Credit Lease

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • of the Credit Agreement Section 8.2.4 of the Credit Agreement is hereby amended as follows:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below (the “Amendment No. 1 Effective Date”), the parties hereto agree that the Credit Agreement is hereby amended as follows:

  • Continuing Effect of the Credit Agreement This Amendment shall not constitute a waiver of any provision not expressly referred to herein and shall not be construed as a consent to any action on the part of the Borrowers or Guarantors that would require a waiver or consent of the Lenders or an amendment or modification to any term of the Loan Documents except as expressly stated herein. Except as expressly modified hereby, the provisions of the Credit Agreement and the Loan Documents are and shall remain in full force and effect.

  • Amendment of Credit Agreement (a) Effective as of the First Incremental Term Facility Amendment Effective Date, the Credit Agreement is hereby amended as follows: (i) The following definitions are hereby added in the appropriate alphabetical order to Section 1.01:

  • Continuing Effect of Credit Agreement This Amendment shall not constitute a waiver, amendment or modification of any other provision of the Credit Agreement not expressly referred to herein and shall not be construed as a waiver or consent to any further or future action on the part of the Borrowers that would require a waiver or consent of the Lenders or the Administrative Agent. Except as expressly amended or modified herein, the provisions of the Credit Agreement are and shall remain in full force and effect.

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