REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the REA if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating Income) of the Property, taken as a whole, or the ability of Borrower to pay its obligations in respect of the Loan.
Appears in 2 contracts
Samples: Loan Agreement (Cole Credit Property Trust V, Inc.), Loan Agreement (Kindercare Learning Centers Inc /De)
REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the REA if such modifications modification will have a material adverse effect on the use, operation or value (including the Net Operating Incomeunderwritable cash flow) of the Property, taken as a whole, or the ability of Borrower to pay its obligations in respect of the Loan.
Appears in 2 contracts
Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)
REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the REA if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating Income) of the Property, taken as a whole, or the ability of Borrower to pay its obligations Obligations in respect of the Loan.
Appears in 2 contracts
Samples: Loan Agreement (O'Donnell Strategic Industrial REIT, Inc.), Loan Agreement (O'Donnell Strategic Industrial REIT, Inc.)
REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the any REA it is a party to if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating IncomeUnderwritable Cash Flow) of the such Individual Property, taken as a whole, or the ability of Borrower to pay its obligations in respect of the Loan.
Appears in 1 contract
Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)
REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the any REA it is a party to if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating IncomeUnderwritable Cash Flow) of the Individual Property, taken as a whole, or the ability of Borrower to pay its obligations in respect of the Loan.
Appears in 1 contract
Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)
REA. Borrower agrees that without the prior consent of Lender, Borrower will not execute modifications to the REA if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating IncomeUnderwritable Cash Flow) of the Property, taken as a whole, or the ability of Borrower to pay its obligations in respect of the Loan. Borrower shall enforce, shall comply with, and shall cause each of the parties to the REA to comply with all of the terms and conditions contained in the REA.
Appears in 1 contract
REA. Each Borrower agrees that without the prior consent of Lender, such Borrower will not execute modifications to the any REA it is a party to if such modifications will have a material adverse effect on the use, operation or value (including the Net Operating IncomeUnderwritable Cash Flow) of the such Individual Property, taken as a whole, or the ability of such Borrower to pay its obligations in respect of the Loan.
Appears in 1 contract
Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)