Modification of Leases. Between the date hereof and the Closing Date, Seller shall not modify or amend any of the Existing Leases or any of the New Leases without Purchaser's prior written consent in each instance, which consent shall not be unreasonably withheld; provided, however, Seller shall have the right, without Purchaser's consent, to enter into any modification or amendment of an Existing Lease or a New Lease if the same is required pursuant to the terms of the Existing Lease or the New Lease, as the case may be, or if the same is entered into to effectuate or memorialize the exercise of any right or option contained in the Existing Lease or the New Lease, as the case may be. If required, Purchaser's consent shall be deemed granted if not denied by notice (stating the grounds for denial with reasonable specificity) given to Seller within five (5) Business Days after request for such consent by Seller.
Modification of Leases. Mortgagor shall not materially amend, modify or ---------------------- cancel the Lease nor significantly change the terms of any other Lease and shall not materially reduce any rent (other than rent payable by Mortgagor under the Lease) without the prior written consent of Mortgagee. Without limiting the foregoing, if a petition in bankruptcy is filed by or against Landlord and the Lease is rejected by Landlord pursuant to such bankruptcy proceeding, Mortgagor shall have no right to treat the Lease as terminated pursuant to such rejection without the prior written consent of Mortgagee. 5.4
Modification of Leases. Seller may not cancel, amend, or modify any Leases in any manner unless (i) expressly required by the Leases, including, without limitation, the exercise of a renewal option contained in the Lease, or (ii) approved by Purchaser which approval shall not be unreasonably withheld prior to the date that is three (3) business days prior to the end of the Investigation Period and, thereafter, may be granted or withheld in Purchaser’s sole discretion. If Seller shall request Purchaser’s approval to any of the foregoing matters, Purchaser shall have five (5) business days from its receipt of such request to give Seller notice of its approval or disapproval of such matter. If Purchaser does not give such notice, such matter shall be deemed approved by Purchaser.
Modification of Leases etc. . Mortgagor shall not change the material terms of any Lease and shall not reduce any Rent without the prior written consent of Mortgagee. Mortgagor shall not change the terms of any security interests or guarantees securing or guaranteeing the payment of Rent to Mortgagor.
Modification of Leases. Trustor, without the prior written consent of Lender not to be unreasonably withheld, shall not: (i) cancel or accept the surrender of any Lease unless in Trustor’s good faith business judgement such cancelation or acceptance is in the best interest of Trustor; (ii) assign, transfer, pledge or encumber, the whole or any part of the Leases and Rents to anyone other than Lender; (iii) except as otherwise provided herein, accept any Rents more than one (1) month in advance of the accrual thereof; or (iv) do or permit anything to be done, the doing of which, or omit or refrain from doing anything, the omission of which, could be a material breach or default under the terms of any Lease or a basis for termination thereof.
Modification of Leases. The Leases are unmodified and in full force and effect as of the date of the Schedules of Leases (except for those designated on the Schedule of Leases as "out for signature"), and constitute the sole agreements and understandings (written or oral) between the Owner Entities and the parties thereto. There have been no changes in the Leases since the date of such Schedules except for those made in the ordinary course of business.
Modification of Leases. Seller shall not modify any of the Leases or terminate any of them, without the prior written consent of the Purchaser. Such consent shall not be unreasonably withheld. Unless, within five (5) business days after receipt by Purchaser of written notice of such modification or termination (such notice to include a copy of all documentation relating thereto), Purchaser shall notify Seller in writing of an objection thereto, Purchaser shall be deemed to have consented thereto.
Modification of Leases. SeraNova acknowledges and agrees that Intelligroup has the right to modify or otherwise amend the Edison, NJ Lease and each other Intelligroup Leases without the consent of SeraNova; provided, however, that in the event such modification results in an increase in the rent or other amounts payable thereunder or a decrease or diminution of the services or space provided therein, SeraNova's rights and obligations with respect to the Premises
Modification of Leases. Should any mortgagee, leasehold or otherwise, require a modification or modifications of this Lease, which modification or modifications will not bring about any increased cost or expense to Tenant or in any other way substantially change the rights and obligations of Tenant hereunder, then and in such event, Tenaxx xxxees that this Lease may be so modified.
Modification of Leases. The Sellers shall not enter into any lease, lease extension, or lease modification subsequent to the Acceptance Date without the prior written consent of Purchaser.
