Examples of Preapproved Alterations in a sentence
For the avoidance of doubt and notwithstanding anything to the contrary set forth in this Deed of Trust or the other Loan Documents, it is expressly agreed that Grantor may perform alterations to the Property that are Preapproved Alterations without the consent of Beneficiary.
A condition to Lender’s preapproval of the Xxxx Lease and the Preapproved Alterations, Borrower shall deposit with Lender funds in the amount of Nine Hundred Ninety-Nine Thousand Twenty-Nine and No/100 Dollars ($999,029.00) (the “Xxxx Alterations Deposit”) to be held by Lender in accordance with Section 7.8 hereof and disbursed to Borrower in accordance with Section 7.4.2 in respect of tenant improvement and leasing commission obligations to be incurred following the Closing Date.