Common use of Principal Place of Business and Organization Clause in Contracts

Principal Place of Business and Organization. Borrower shall not, nor shall Borrower permit Mortgage Borrower, Senior Mezzanine Borrower or Operating Company to, change the place of its organization as set forth in Section 4.1.28 without the consent of Lender, which consent shall not be unreasonably withheld. Upon Lender’s request, Borrower shall (and shall cause Mortgage Borrower, Senior Mezzanine Borrower or Operating Company to) execute and deliver additional financing statements, security agreements and other instruments which may be necessary to effectively evidence or perfect Mortgage Lender’s security interest in any of the Properties, any Senior Mezzanine Lender’s Security Interest in the related Senior Mezzanine Collateral or Lender’s security interest in the Collateral as a result of such change of place of organization.

Principal Place of Business and Organization. Borrower shall not, nor shall Borrower permit Mortgage Borrower, Senior Mezzanine Borrower or Operating Company to, change the place of its organization as set forth in Section 4.1.28 without the consent of Lender, which consent shall not be unreasonably withheld. Upon Lender’s request, Borrower shall (and shall cause Mortgage Borrower, Senior Mezzanine Borrower or and Operating Company to) execute and deliver additional financing statements, security agreements and other instruments which may be necessary to effectively evidence or perfect Collateral Agent for the benefit of Mortgage Lender’s security interest in any of the Properties, any Senior Mezzanine Lender’s Security Interest security interest in the related Senior Mezzanine Collateral or Collateral Agent for the benefit of Lender’s security interest in the Collateral as a result of such change of place of organization.