No Amendments to Mortgage Loan Documents Sample Clauses

No Amendments to Mortgage Loan Documents. Without obtaining the prior written consent of Lender (not to be unreasonably withheld or delayed), Borrower shall not cause or permit Mortgage Borrower to (i) enter into any amendment or modification of any of the Mortgage Loan Documents (other than ministerial or de minimis modifications, which do not affect any of the economic terms therein or change any rights or obligations of the parties thereunder) or (ii) grant to Mortgage Lender any consent or waiver. Borrower shall cause Mortgage Borrower to provide Lender with a copy of any amendment or modification to the Mortgage Loan Documents within five days after the execution thereof.
AutoNDA by SimpleDocs
No Amendments to Mortgage Loan Documents. Borrower shall not cause or permit Mortgage Borrower to enter into any amendment or modification of any of the Mortgage Loan Documents without obtaining the prior written approval of Lender, which approval shall not be unreasonably withheld if such modification, amendment, extension, renewal or replacement does not in Lender’s sole, but reasonable, discretion have an adverse impact on Lender or the Loan; provided, however that Mortgage Lender and Mortgage Borrower shall have the right to enter into, execute and agree to a modification, amendment, consolidation, spreader, restatement or waiver of any provision of the Mortgage Loan Documents without obtaining the consent of Lender, provided no such modification, amendment, consolidation, spreader, restatement or wavier shall (i) be a material modification, amendment, extension or replacement of the Mortgage Loan Documents, (ii) increase the principal amount secured by the mortgage loan under such Mortgage Loan Documents, (iii) increase the interest rate payable under the mortgage loan under such Mortgage Loan Documents, (iv) provide for the payment of any additional interest, kicker or similar equity feature, (v) modify the maturity of the mortgage loan under such Mortgage Loan Documents other than pursuant to the terms of such Mortgage Loan Documents (except that Mortgage Lender may extend the maturity date of such mortgage loan in connection with any work-out or other surrender, compromise, release, renewal, or indulgence relating to such mortgage loan), (vi) spread the Lien of such mortgage loan to encumber any additional real property (except as expressly provided in the Mortgage Loan Documents), (vii) cross-default such mortgage loan with any other indebtedness, (viii) change the amount or timing of amortization of principal under such mortgage loan (except that Mortgage Lender may change the amortization of principal of such mortgage loan in connection with any work-out or other surrender, compromise, release, renewal, or indulgence relating thereto), (ix) adversely affect in any material respect the rights and interests of Lender under the Loan Documents. Notwithstanding the foregoing, any amounts funded by Mortgage Lender under the Mortgage Loan Documents as a result of (A) the making of any protective advances or other advances by Mortgage Lender expressly permitted by the terms of the Mortgage Loan Documents, or (B) interest accruals or accretions and any compounding thereof (including default inte...
No Amendments to Mortgage Loan Documents. Without obtaining the prior written consent of Lender, Borrower shall not cause or permit Mortgage Borrower to (i) enter into or be bound by any Mortgage Loan Documents after the date hereof or enter into or otherwise suffer or permit any amendment, waiver, supplement, termination or other modification of any of the Mortgage Loan Documents (other than ministerial or de minimis modifications, which do not affect any of the economic terms therein or change any rights or obligations of the parties thereunder), or (ii) grant to Mortgage Lender any consent or waiver. Borrower shall cause Mortgage Borrower to provide Lender with a copy of any amendment, waiver, supplement, termination or other modification to the Mortgage Loan Documents within five (5) days after the execution thereof. Without obtaining the prior written consent of Lender, Borrower shall not cause or permit Mortgage Borrower to amend or modify the Organizational Documents of Mortgage Borrower in any respect which would (i) limit distributions to be made to Borrower, (ii) limit cure rights of Borrower, (iii) modify the special purpose entity requirements set forth therein or (iv) would in any other respect have any material adverse effect on Lender.

Related to No Amendments to Mortgage Loan Documents

  • Amendments to Loan Documents Upon any such assignment, the Borrower and the Guarantors shall, upon the request of the Agent, enter into such documents as may be reasonably required by the Agent to modify the Loan Documents to reflect such assignment.

  • Amendments to Other Loan Documents (a) All references in the Loan Documents to the Credit Agreement shall henceforth include references to the Credit Agreement, as modified and amended hereby, and as may, from time to time, be further amended, modified, extended, renewed, and/or increased.

  • Amendments to Documents The Trust shall furnish BISYS written copies of any amendments to, or changes in, any of the items referred to in Section 18 hereof forthwith upon such amendments or changes becoming effective. In addition, the Trust agrees that no amendments will be made to the Prospectuses or Statement of Additional Information of the Trust which might have the effect of changing the procedures employed by BISYS in providing the services agreed to hereunder or which amendment might affect the duties of BISYS hereunder unless the Trust first obtains BISYS' approval of such amendments or changes.

  • Amendments to Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to the Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendments to Servicing Agreement The Issuer covenants with the Indenture Trustee that it will not enter into any amendment or supplement to the Servicing Agreement without the prior written consent of the Indenture Trustee.

  • Amendments to Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendments to Operative Documents Party B agrees that it will obtain Party A’s written consent (which consent shall not be unreasonably withheld) prior to amending or supplementing the Pooling and Servicing Agreement (or any other transaction document), if such amendment and/or supplement would: (a) materially adversely affect any of Party A’s rights or obligations hereunder; or (b) modify the obligations of, or impact the ability of, Party B to fully perform any of Party B’s obligations hereunder.

  • Amendments to the Security Agreement The Security Agreement is hereby amended as follows:

  • Amendments to Original Credit Agreement On the Effective Date, the Original Credit Agreement shall be deemed to be amended as follows:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!