Common use of Recording; Modification Clause in Contracts

Recording; Modification. A memorandum of the Ground Lease has been duly recorded. The Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recorded.

Appears in 2 contracts

Samples: Loan Agreement (Black Creek Diversified Property Fund Inc.), Loan Agreement (Black Creek Diversified Property Fund Inc.)

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Recording; Modification. A The Ground Lease or a memorandum of the Ground Lease has been duly recorded. The Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recorded or in respect of which a memorandum has been recorded. The Ground Lease may not be canceled, terminated, surrendered or amended without the prior written consent of Lender.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Recording; Modification. A memorandum of the each Ground Lease has been duly recorded. The Each Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There have not been written amendments or modifications to the terms of the any Ground Lease since its recordation, with the exception of written instruments which have been recordedrecorded or provided to Lender prior to the date hereof. No Ground Lease may be canceled, terminated, surrendered or amended without the prior written consent of Lender.

Appears in 1 contract

Samples: Loan Agreement (American Financial Realty Trust)

Recording; Modification. A memorandum of the Ground Lease has been duly recorded. The Ground Lease permits the interest of Mortgage Borrower to be encumbered by a mortgage. There have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recorded.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Black Creek Diversified Property Fund Inc.)

Recording; Modification. A memorandum of the Ground Lease has been duly recorded. The Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recorded. The Ground Lease may not be canceled, terminated, surrendered or amended without the prior written consent of Lender.

Appears in 1 contract

Samples: Loan Agreement (Alexanders Inc)

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Recording; Modification. A memorandum The entirety of the each Ground Lease or a memorandum thereof has been duly recorded. The Each Ground Lease permits the interest of the applicable Borrower to be encumbered by a mortgagemortgage and each Ground Lessor has delivered an estoppel in form acceptable to Lender. There have not been no amendments or modifications to the terms of the any Ground Lease since its recordation, with the exception of written instruments which have been recordedother than those referenced herein.

Appears in 1 contract

Samples: Loan Agreement (Parking REIT, Inc.)

Recording; Modification. A memorandum of the each Ground Lease has been duly recorded. The Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There Except as set forth on Schedule VIII, there have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recorded. The Ground Lease may not be canceled, terminated, surrendered or amended without the prior written consent of Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Morgans Hotel Group Co.)

Recording; Modification. A memorandum of the Ground Lease has been duly recorded. The Ground Lease permits the interest of Borrower to be encumbered by a mortgage. There have not been amendments or modifications to the terms of the Ground Lease since its recordation, with the exception of written instruments which have been recordedrecorded or copies of which otherwise provided to Lender.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

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