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Common use of Replacement of Fixtures and Personalty Clause in Contracts

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit Agreement.

Appears in 8 contracts

Samples: Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Holdings GP, L.P.), Credit Agreement

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is (a) removed temporarily for its protection, maintenance and/or repair, (b) replaced by an item of similar functionality and repair quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or is permitted to be not prohibited from being removed by the Term Loan Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Revlon Inc /De/), Term Credit Agreement (Revlon Inc /De/), Term Credit Agreement (Revlon Inc /De/)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for its protection, maintenance and or repair or is permitted to be not prohibited from being removed by the Credit Agreement, the Collateral Agreement or any other Loan Document.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Endeavor Group Holdings, Inc.), First Lien Credit Agreement (Endeavor Group Holdings, Inc.), Second Lien Collateral Agreement (Endeavor Group Holdings, Inc.)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for its protection, maintenance and or repair or is permitted to be not prohibited from being removed by the Credit Agreement, the Indenture, the Collateral Agreement or any other applicable Loan Document.

Appears in 2 contracts

Samples: First Lien Credit Agreement (Vici Properties Inc.), First Lien Credit Agreement (CAESARS ENTERTAINMENT Corp)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair repair, is replaced by an item of equal or better quality or is permitted to be removed by (or otherwise disposed of) under the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Five Star Senior Living Inc.), Credit Agreement (Five Star Quality Care, Inc.)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and or repair or is permitted to be removed or disposed of by the Credit Agreementany Financing Document.

Appears in 2 contracts

Samples: Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit AgreementAgreement or other Loan Documents.

Appears in 1 contract

Samples: Credit Agreement (School Specialty Inc)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit AgreementPriority Lien Documents.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Foresight Energy LP)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for its protection, maintenance and or repair or is permitted to be not prohibited from being removed by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (RBS Global Inc)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for its protection, maintenance and or repair or is replaced with Fixtures or Personalty of equal or better suitability and value or is otherwise permitted to be removed by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Verso Paper Holdings LLC)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless except in the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit Agreementordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Dresser Inc)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of MortgageeAgent, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and repair or is permitted to be removed by the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Par Pharmacuetical, Inc.)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for maintenance and or repair or is permitted to be removed or disposed of by the Credit Agreement, the Collateral Trust Agreement or any other Loan Document.

Appears in 1 contract

Samples: Credit Agreement (Dynegy Inc.)

Replacement of Fixtures and Personalty. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures or Personalty owned or leased by Mortgagor to be removed at any time from the Land or Improvements, unless the removed item is removed temporarily for its protection, maintenance and or repair or is permitted to be not prohibited from being removed by the Credit Agreement or the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Gentiva Health Services Inc)