Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 or repair, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being removed by the Credit Agreement or the Collateral Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Presidio, Inc.), First Lien Credit Agreement (DS Services of America, Inc.), Asset Based Revolving Credit Agreement (DS Services of America, Inc.)
Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 or repair, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being removed by the Credit Agreement, the Collateral Agreement or the Collateral any Other First Lien Agreement.
Appears in 3 contracts
Samples: First Lien Credit Agreement (ADT, Inc.), First Lien Credit Agreement (Hospitality Distribution Inc), Incremental Assumption and Amendment Agreement (Rexnord Corp)
Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 or repair, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being removed by the Credit Agreement, the Notes Indenture, the Collateral Agreement or the Collateral any Other First Lien Agreement.
Appears in 1 contract
Samples: First Lien Credit Agreement (McGraw-Hill Interamericana, Inc.)
Replacement of Fixtures. Except for sales permitted pursuant to the Indenture, Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures owned or leased by Mortgagor to be removed at any time from the Land Real Property or Improvements, unless the removed item is (a) removed temporarily for its protectionmaintenance and repair or, maintenance or repairif removed permanently, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being is permitted to be removed by the Credit Agreement or the Collateral AgreementIndenture.
Appears in 1 contract
Samples: Open End Mortgage, Security Agreement, Assignment of Rents and Leases and Fixture Filing (GXS Corp)
Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 repair or repair, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being is permitted to be removed by the Credit Agreement or the Collateral Agreement.
Appears in 1 contract
Samples: Credit Agreement (Polyone Corp)
Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 protectionmaintenance and repair or, maintenance or repairif removed permanently, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being removed by is permitted under the Credit Agreement or the Collateral Agreementfirst approved in writing by Mortgagee.
Appears in 1 contract
Samples: Credit Agreement (DMW Worldwide Inc)
Replacement of Fixtures. Mortgagor shall not, without the prior written consent of Mortgagee, permit any of the Fixtures 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 repair or repair, (b) replaced by an item of similar functionality and quality, (c) obsolete or unnecessary for the then-current operation of the Premises, or (d) not prohibited from being is permitted to be removed by the Credit Agreement or the Collateral Agreementany other Loan Document.
Appears in 1 contract
