OBLIGATIONS AS TO LEASES Sample Clauses

OBLIGATIONS AS TO LEASES. Mortgagor covenants that it will not hereafter lease or enter into any agreement to lease any portion of the Premises or enter into or agree to any alteration, modification, amendment, extension, assignment, sub-leasing or termination of any existing lease (for a term of more than two weeks) relating to the Premises, without first submitting such lease or agreement to lease or such alteration, modification, amendment, extension, assignment, sub-leasing or termination to Mortgagee and obtaining its written consent thereto. Mortgagor will perform all of its obligations as lessor under all leases and any sub-lease of the Premises, will not consent to any subletting or assignment without Mortgagee's consent, or do or fail to do any act which might create in any lessee the right to cease payment of rent or terminate its lease, and agrees that approval by Mortgagee of any lease, amendment to lease, assignment or subletting shall not relieve Mortgagor from the obligations of these covenants. Mortgagor will comply with each and every obligation imposed upon it by any lease of the Premises.
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OBLIGATIONS AS TO LEASES. The Contributors shall not, without FWRLP's prior written consent (which consent shall not be unreasonably withheld), amend, modify, renew or extend any Lease in any respect unless required by law, or enter into new leases or approve any assignment of leases or subletting of leased space, or terminate any Lease. If FWRLP does not respond within five (5) business days of written request for consent from Contributors, FWRLP shall be deemed to have consented to such request. Contributors shall not be responsible for vacancy caused by a breach by tenant under its lease. Prior to Closing, Contributors shall not apply all or any part of the security deposit of any tenant unless such tenant has vacated the Property or is in material default under its lease.
OBLIGATIONS AS TO LEASES. The Contributors and the Partnership shall not, without FWRLP's prior written consent (which consent shall not be unreasonably withheld), amend, modify, renew or extend any Lease in any respect unless required by law, or enter into new leases or approve any assignment of leases or subletting of leased space, or terminate any Lease. If FWRLP does not respond within five (5) business days of written request for consent from the Contributors, FWRLP shall be deemed to have consented to such request. After the end of the Feasibility Period and prior to Closing, Contributors shall not apply all or any part of the security deposit of any tenant unless such tenant has vacated the Property.

Related to OBLIGATIONS AS TO LEASES

  • Obligations Absolute The obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following:

  • Certain Agreements Related to Deposits Subject to Section 2.2, the Assuming Institution agrees to honor the terms and conditions of any written escrow or mortgage servicing agreement or other similar agreement relating to a Deposit liability assumed by the Assuming Institution pursuant to this Agreement.

  • Obligations Under the Security Agreement The undersigned hereby agrees, as of the date first above written, to be bound as a Grantor by all of the terms and provisions of the Security Agreement to the same extent as each of the other Grantors. The undersigned further agrees, as of the date first above written, that each reference in the Security Agreement to an “Additional Grantor” or a “Grantor” shall also mean and be a reference to the undersigned.

  • Conditions to Obligations of Company The obligation of Company to effect the Merger is also subject to the satisfaction or waiver by Company at or prior to the Effective Time of the following conditions:

  • Amendments to Lease The Lease is hereby amended as follows:

  • Obligations of Trust The Trust shall have the following obligations under this Agreement:

  • Obligations on Termination If this Agreement is completed, expires, or is terminated in whole or in part for any reason, then:

  • Conditions of Obligations Your obligations hereunder shall be subject to the accuracy of the representations and warranties on the part of the Company contained in Section 1 hereof, the accuracy of the statements of the Company made pursuant to the provisions hereof, to the performance by the Company of its covenants, agreements and obligations contained in Sections 3 and 5 hereof, and to the following additional conditions:

  • Certain Obligations Whenever this Agreement requires any of the Subsidiaries of any Party to take any action, this Agreement will be deemed to include an undertaking on the part of such Party to cause such Subsidiary to take such action.

  • Making of Covenants and Agreements Buyer hereby makes the covenants ---------------------------------- and agreements set forth in this Section 6.

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