Common use of Performance Under Hedge Documents Clause in Contracts

Performance Under Hedge Documents. Xxxxxxxx agrees to comply fully with, and to otherwise perform when due, its obligations under, all applicable Hedge Documents and all other agreements evidencing, governing and/or securing any Hedge arrangement contemplated under this Section. Borrower shall not exercise, without the Lender's prior written consent, and shall exercise, at Xxxxxx's direction, any rights or remedies under any Hedge Document, including without limitation the right of termination.

Appears in 3 contracts

Samples: Discount MBS Multifamily Note (Douglas Emmett Inc), Discount MBS Multifamily Note (Douglas Emmett Inc), Discount MBS Multifamily Note (Douglas Emmett Inc)

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Performance Under Hedge Documents. Xxxxxxxx agrees to comply fully with, and to otherwise perform when due, its obligations under, all applicable Hedge Documents and all other agreements evidencing, governing and/or securing any Hedge arrangement contemplated under this Section. Borrower shall not exercise, without the Lender's prior written consent, and shall exercise, at Xxxxxx's direction, any rights or remedies under any Hedge Document, including without limitation the right of termination. 3. A new Section 12(h) shall be added as follows:

Appears in 1 contract

Samples: Discount MBS Multifamily Note (Douglas Emmett Inc)

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Performance Under Hedge Documents. Xxxxxxxx agrees to comply fully with, and to otherwise perform when due, its obligations under, all applicable Hedge Documents and all other agreements evidencing, governing and/or securing any Hedge arrangement contemplated under this SectionParagraph. Borrower shall not exercise, without the Lender's ’s prior written consent, and shall exercise, at Xxxxxx's Lender’s direction, any rights or remedies under any Hedge Document, including without limitation the right of termination.

Appears in 1 contract

Samples: Discount MBS Multifamily Note (Douglas Emmett Inc)

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