Examples of Tenant Direction Letter in a sentence
Without the consent of Lender, neither Borrower nor Master Lessee shall terminate, amend, revoke, withdraw, or modify any Tenant Direction Letter in any manner whatsoever, or direct or cause any Tenant to pay any amount in any manner other than as provided in the Tenant Direction Letter.
Without the prior written consent of Lender, neither Borrower nor any Manager shall (A) terminate, amend, revoke or modify any Tenant Direction Letter, or (B) direct or cause any Tenant under a Lease to pay any amount in any manner other than as provided in the related Tenant Direction Letter.
Without the prior written consent of Lender, neither Borrower nor Manager shall (i) terminate, amend, revoke or modify any Tenant Direction Letter in any manner whatsoever or (ii) direct or cause any Tenant to pay any amount in any manner other than as provided in the related Tenant Direction Letter.
Commencing with the first (1st) billing statement delivered after the date hereof and for each subsequent statement delivered, Borrower and Manager shall instruct all Persons that maintain open accounts with Borrower or Manager with whom Borrower or Manager does business on an “accounts receivable” basis with respect to the Property to deliver all payments due under such accounts to the Lockbox Account in the form of the Tenant Direction Letter.
Notwithstanding the foregoing, Borrower shall not be required to deliver a Tenant Direction Letter to the Operating Lessee under the Operating Lease.