Common use of Waste and Alterations Clause in Contracts

Waste and Alterations. Commit or permit any physical waste with respect to any Property or the Chattels. Borrowers shall not cause or permit any part of any Property, including but not limited to any building, structure, parking lot, driveway, landscape scheme, timber, or other ground improvement, to be removed, demolished, or materially altered without the prior written consent of Lender, which may be granted or withheld in the sole discretion of Lender. Borrowers shall not change or cause to be changed any access to or egress from any Property by public streets, easements or rights of way without Lender’s prior written consent.