Mortgage Borrower Covenants Sample Clauses

Mortgage Borrower Covenants. For as long as the Debt remains outstanding, Borrower shall cause Mortgage Borrower to comply with all obligations with which Mortgage Borrower has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents whether the Mortgage Loan has been repaid or the related Mortgage Loan Document has been otherwise terminated, unless otherwise consented to in writing by Lender. Borrower shall cause Mortgage Borrower to promptly notify Lender of all notices received by Mortgage Borrower under or in connection with the Mortgage Loan, including, without limitation, any notice by the Mortgage Lender to Mortgage Borrower of any default by Mortgage Borrower in the performance or observance of any of the terms, covenants or conditions of the Mortgage Loan Documents on the part of Mortgage Borrower to be performed or observed, and deliver to Lender a true copy of each such notice, together with any other consents, notices, requests or other written correspondence between Mortgage Borrower and Mortgage Lender.
AutoNDA by SimpleDocs
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower to comply with all obligations with which Mortgage Borrower has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article V of the Mortgage Loan Agreement) unless otherwise consented to in writing by Lender.
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower to comply with all obligations with which Mortgage Borrower has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article 4 of the Mortgage Loan Agreement) whether the Mortgage Loan has been repaid or the related Mortgage Loan Document terminated, unless otherwise consented to in writing by Lender (provided, that, in the event the Mortgage Loan is no longer outstanding, Borrower shall not be required to cause Mortgage Borrower to comply with provisions that are no longer relevant).
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower and Baltimore Owner to comply with all obligations with which Mortgage Borrower and Baltimore Owner has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article V of the Mortgage Loan Agreement) regardless of whether the related Mortgage Loan Document has been repaid or otherwise terminated, unless otherwise consented to in writing by Lender.
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower to: (i) pay all principal, interest and other sums required to be paid by Mortgage Borrower under and pursuant to the provisions of the Mortgage Loan Documents; (ii) diligently perform and observe all of the terms, covenants and conditions of the Mortgage Loan Documents on the part of Mortgage Borrower to be performed and observed; (iii) promptly deliver to Agent a true and complete copy of any notice by Mortgage Lender to Mortgage Borrower, Borrower, or Guarantor of any default by Mortgage Borrower under the Mortgage Loan Documents and of any other material written correspondence (including electronically transmitted items) given or received by Mortgage Borrower or Guarantor to or from the Mortgage Lender or its agents; (iv) not enter into or be bound by any Mortgage Loan Documents after the date hereof, agree to any modifications, consolidation, restatement, or waiver of any existing Mortgage Loan Documents other than as required by the Mortgage Loan Documents in connection with a “Secondary Market Transaction” or “Securitization” or “New Mezzanine Loan” (as each such term is defined in the Mortgage Loan Agreement), grant to Mortgage Lender any consent or waiver, or exercise any remedy available to Mortgage Borrower under the Mortgage Loan Documents or any right or election (with respect to election, unless expressly permitted under the Mortgage Loan Documents) under the Mortgage Loan Documents, in each case without the prior written approval of Agent; and (v) provide Agent with a copy of any amendment or modification of, or waiver or consent granted under, the Mortgage Loan Documents within five (5) days after its receipt thereof. Any breach of this Section 4.48 (beyond any notice or cure periods provided in the Mortgage Loan Documents, with respect to obligations which arise under the Mortgage Loan Documents) shall constitute an immediate Event of Default hereunder.
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower and Maryland Owner to comply with all obligations with which Mortgage Borrower and Maryland Owner has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article V of the Mortgage Loan Agreement) whether the related Mortgage Loan Document has been repaid or otherwise terminated, unless otherwise consented to in writing by Lender.
AutoNDA by SimpleDocs
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower to comply with all obligations with which Mortgage Borrower has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article V of the Mortgage Loan Agreement, regardless of whether the Mortgage Loan has been repaid and satisfied in full or otherwise terminated) unless otherwise consented to in writing by Lender; provided, that in no event shall a breach of this Section 5.1.32 provide Lender an independent right to declare an Event of Default hereunder prior to the time when Mortgage Lender would have the right to declare a Mortgage Loan Event of Default with regard to the breach or default under the Mortgage Loan Agreement which gave rise to such non-compliance under this Section 5.1.32.
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower, in a timely manner, to observe, perform and fulfill each and every covenant, term and provision of each Mortgage Loan Document executed and delivered by, or applicable to, Mortgage Borrower (including, without limitation, those certain affirmative covenants and negative covenants set forth in Article V of the Mortgage Loan Agreement) whether the Mortgage Loan has been repaid or the applicable Mortgage Loan Document has been terminated (except as to any such covenants that apply to any Individual Property that has been released from the Lien of the Mortgage in accordance with the terms of the Mortgage Loan Agreement and this Agreement), unless otherwise consented to in writing by Lender (which consent shall not be unreasonably withheld, conditioned or delayed).
Mortgage Borrower Covenants. Borrower shall cause Mortgage Borrower to comply with all obligations with which Mortgage Borrower has covenanted to comply under the Mortgage Loan Agreement and all other Mortgage Loan Documents (including, without limitation, those certain affirmative and negative covenants set forth in Article V of the Mortgage Loan Agreement) whether the related Mortgage Loan Document has been repaid or otherwise terminated (except to the extent such repayment or termination renders such obligations no longer applicable), unless otherwise consented to in writing by Lender.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!