Common use of Parking Lease Clause in Contracts

Parking Lease. (a) Borrower shall cause Mortgage Borrower, at its sole cost and expense, promptly and timely perform and observe in all material respects all the terms, covenants and conditions required to be performed and observed by Mortgage Borrower as lessee under the Parking Lease (including, but not limited to, the payment of all rent and other charges required to be paid under the Parking Lease).

Appears in 3 contracts

Samples: Mezzanine a Loan Agreement (Wyndham International Inc), Mezzanine B Loan Agreement (Wyndham International Inc), Mezzanine C Loan Agreement (Wyndham International Inc)

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Parking Lease. (a) Borrower shall cause Mortgage Borrowershall, at its sole cost and expense, promptly and timely perform and observe in all material respects all the terms, covenants and conditions required to be performed and observed by Mortgage Borrower as lessee under the Parking Lease (including, but not limited to, the payment of all rent and other charges required to be paid under the Parking Lease).

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

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