Examples of Premises Documents in a sentence
The Major Leases and Premises Documents are unmodified and in full force and effect, there are no defaults (or events which with notice or the passage of time, or both, would constitute such a default) under any thereof and all conditions to the effectiveness and continuing effectiveness thereof required to be satisfied as of the date hereof have been satisfied.
Mortgagor shall (a) use reasonable efforts to cause the due compliance and faithful performance by the other parties to the Premises Documents with and of all material obligations and agreements by such other parties to be complied with and performed thereunder, and (b) comply with and perform all of its material obligations and agreements under the Premises Documents.
If Purchaser fails to send Seller a Notice of Termination prior to the expiration of the Due Diligence Period, Purchaser shall be deemed to have approved the Premises Documents and the Premises in all respects and Purchaser's Termination Right shall automatically and irrevocably expire.
During the Due Diligence Period (as hereinafter defined), Purchaser may inspect the original Premises Documents (to the extent originals exist and are in Seller’s possession or reasonably available to Seller) during normal business hours and may photocopy same at Purchaser's expense.
As to each Property, the Premises Documents and all leases are unmodified and in full force and effect, there are no defaults under any thereof, and all conditions to the effectiveness and continuing effectiveness thereof required to be satisfied as of the date hereof have been satisfied.