Alterations and Expansions. Borrower shall not perform or undertake or consent to the performance or undertaking of any Alteration or Expansion, except in accordance with the following terms and conditions:
Appears in 12 contracts
Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Alterations and Expansions. Borrower shall not perform or undertake or consent to the performance or undertaking of permit Operating Lessee or any other Person to perform or undertake any Alteration or Expansion, except in accordance with the following terms and conditions:
Appears in 3 contracts
Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)
Alterations and Expansions. Borrower shall not perform or undertake or consent to the performance or undertaking of permit any other Person to perform or undertake any Alteration or Expansion, except in accordance with the following terms and conditions:
Appears in 1 contract
Samples: Loan and Security Agreement (Morgans Hotel Group Co.)