Amendment of Certain Lease Provisions Sample Clauses

Amendment of Certain Lease Provisions. The Lease is amended as follows:
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Amendment of Certain Lease Provisions. (a) Exhibit B, Paragraph 1 of the Lease is hereby deleted in its entirety and replaced with the following: “Allowance. All Tenant Improvements and Compliance Work shall be made at Tenant’s sole cost and expense, subject to the provisions hereof regarding the Allowance. Landlord shall provide Tenant with an allowance in the amount of Nine Hundred Seventy Seven Thousand Three Hundred Forty Dollars ($977,340.00) (the “Allowance”), for Tenant’s use for the hard and soft costs of constructing the initial Tenant Improvements and the Compliance Work only; provided that any portion of the Allowance in excess of Seven Hundred Forty Five Thousand Five Hundred, Five Dollars ($745,505.00) (“Landlord’s Base Allowance”) utilized by Tenant towards the construction of the Tenant Improvements or the Compliance Work shall be reimbursed to Landlord by Tenant as an increase in Base Rent due under the Lease; provided that such excess shall be fully amortized over a period of five (5) years at eight percent (8%) interest per annum, as per section 4 of the Basic Lease Provisions. The Allowance shall be payable only on account of hard and soft costs of constructing the Tenant Improvements set forth in Paragraph 2(c) below and on account of hard and soft costs of constructing the Compliance Work set forth in Paragraph 7 below, which shall include architectural drawings and services, permit fees, costs of labor, materials and all fees incurred in connection therewith.”
Amendment of Certain Lease Provisions 

Related to Amendment of Certain Lease Provisions

  • Construction of Certain Provisions If any provision of this Agreement or any of the Loan Documents refers to any action to be taken by any Person, or which such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person, whether or not expressly specified in such provision.

  • Amendment of Certain Documents Such Borrower will not amend or otherwise modify its Certificate of Formation or Articles of Association as the case may be, or operating agreement in any way which would have a Material Adverse Effect on such Borrower.

  • Amendment of Certain Definitions Section. ------------------------------------------

  • Modification of Certain Agreements The Borrower will not, and will not permit any of its Subsidiaries to, consent to any amendment, supplement, waiver or other modification of, or enter into any forbearance from exercising any rights with respect to the terms or provisions contained in,

  • Termination of Certain Provisions 46 SECTION 7.14.

  • Termination of Certain Agreements On and as of the Closing, the Company shall take all actions necessary to cause the Contracts listed on Schedule 6.04 to be terminated without any further force and effect and without any cost or other liability or obligation to the Company or any of its Subsidiaries, and there shall be no further obligations of any of the relevant parties thereunder following the Closing.

  • Benefit of Certain Provisions The Borrower agrees that each Participant shall be deemed to have the right of setoff provided in Section 11.1 in respect of its participating interest in amounts owing under the Loan Documents to the same extent as if the amount of its participating interest were owing directly to it as a Lender under the Loan Documents, provided that each Lender shall retain the right of setoff provided in Section 11.1 with respect to the amount of participating interests sold to each Participant. The Lenders agree to share with each Participant, and each Participant, by exercising the right of setoff provided in Section 11.1, agrees to share with each Lender, any amount received pursuant to the exercise of its right of setoff, such amounts to be shared in accordance with Section 11.2 as if each Participant were a Lender. The Borrower further agrees that each Participant shall be entitled to the benefits of Sections 3.1, 3.2, 3.4 and 3.5 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to Section 12.3, provided that (i) a Participant shall not be entitled to receive any greater payment under Section 3.1, 3.2 or 3.5 than the Lender who sold the participating interest to such Participant would have received had it retained such interest for its own account, unless the sale of such interest to such Participant is made with the prior written consent of the Borrower, and (ii) any Participant not incorporated under the laws of the United States of America or any State thereof agrees to comply with the provisions of Section 3.5 to the same extent as if it were a Lender.

  • Modification of Certain Documents No Group Member shall do any of the following:

  • Incorporation of Certain Provisions The provisions of Sections 9.01, 9.07, 9.09 and 9.12 of the Credit Agreement are hereby incorporated by reference mutatis mutandis as if fully set forth herein.

  • Amendments of Certain Documents Amend or otherwise modify (a) any of its Organization Documents in a manner materially adverse to the Administrative Agent or the Lenders, or (b) any term or condition of any Unsecured Financing Documentation in any manner materially adverse to the interests of the Administrative Agent or the Lenders.

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