No Change of Accounts Sample Clauses

No Change of Accounts. Borrower shall not permit (a) Owner to change the Collection Account or the Central Account, without the prior written consent of Lender and Mortgage Lender, (b) Senior Mez Borrower to change the lockbox account established pursuant to the Senior Mez Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and Junior Mez Lender or (c) Intermediate Mez Borrower to change the lockbox account established pursuant to the Intermediate Mez Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld.
Sample 1Sample 2See All (6)
AutoNDA by SimpleDocs
No Change of Accounts. Borrower shall not permit Owner to change the Rent Accounts or the Central Account (as such terms are defined in the Mortgage), without the prior written consent of Lender and Mortgage Lender.
Sample 1Sample 2Sample 3See All (4)
No Change of Accounts. Borrower shall not permit Owner to change the Collection Account or the Central Account, without the prior written consent of Lender and Mortgage Lender.
Sample 1Sample 2Sample 3
No Change of Accounts. Borrower shall not permit (a) Owner to change the Rent Accounts or the Central Account (as such terms are defined in the Mortgage), without the prior written consent of Lender and Mortgage Lender or (b) Senior Mezz Borrower to change the lockbox account established pursuant to the Senior Mezz Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and Junior Mezz Lender.
Sample 1
No Change of Accounts. Borrower shall not permit (a) Owner to change the Collection Account or the Central Account, without the prior written consent of Lender and Mortgage Lender, (b) First Mez Borrower to change the lockbox account established pursuant to the First Mez Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and First Mez Lender, (c) Second Mez Borrower to change the lockbox account established pursuant to the Second Mez Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and Second Mez Lender and (d) Third Mez Borrower to change the lockbox account established pursuant to the Third Mez Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld.
Sample 1
No Change of Accounts. Borrower shall not permit (a) Owner to change the Rent Accounts or the Central Account (as such terms are defined in the Mortgage), without the prior written consent of Lender and Mortgage Lender, (b) Senior Mezz Borrower to change the lockbox account established pursuant to the Senior Mezz Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and Intermediate Mezz Lender or (c) Intermediate Mezz Borrower to change the lockbox account established pursuant the Intermediate Mezz Loan Agreement without the prior written consent of Lender, not to be unreasonably withheld, and Intermediate Mezz Lender.
Sample 1

Related to No Change of Accounts

  • Change of Account Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the scheduled date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.

  • No Change of Control The Company shall use reasonable best efforts to obtain all necessary irrevocable waivers, adopt any required amendments and make all appropriate determinations so that the issuance of the Shares to the Purchasers will not trigger a “change of control” or other similar provision in any of the agreements to which the Company or any of its Subsidiaries is a party, including without limitation any employment, “change in control,” severance or other agreements and any benefit plan, which results in payments to the counterparty or the acceleration of vesting of benefits.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • No Change Since December 31, 2012, there has been no development or event that has had or could reasonably be expected to have a Material Adverse Effect.

  • Change of Control Agreement Except as expressly amended herein, all of the terms and provisions of the Change of Control Agreement shall remain in full force and effect.

  • Off-Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • No Changes in Fiscal Year The fiscal year of the Borrower and its Subsidiaries ends on December 31 of each year; and the Borrower shall not, nor shall it permit any Subsidiary to, change its fiscal year from its present basis.

  • No Changes 14 2.10 Tax and Other Returns and Reports......................... 14 2.11

  • No Off Balance Sheet Arrangements There is no transaction, arrangement, or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off balance sheet entity that is required to be disclosed by the Company in its 1934 Act filings and is not so disclosed or that otherwise could be reasonably likely to have a Material Adverse Effect.

  • Change of Fiscal Year Seller shall not, at any time, directly or indirectly, except upon ninety (90) days’ prior written notice to Purchaser, change the date on which its fiscal year begins from its current fiscal year beginning date.

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