Change in Use. No material change in the use of a Mortgaged Property may be permitted, unless required by applicable law or permitted in the related Mortgage Documents, if the change would have a material adverse impact on the net operating income of the Mortgaged Property.
Appears in 2 contracts
Samples: Trust Agreement, Multifamily Master Trust Agreement
Change in Use. No material change in the use of a Mortgaged Property may be permitted, unless required by applicable law or permitted in the related Mortgage Documents, if the change would have a material adverse impact on the net operating income cash flow of the Mortgaged Property.
Appears in 2 contracts
Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement
Change in Use. No material change in the use of a Mortgaged Property may be permitted, unless required by applicable law or permitted in the related Mortgage Documents, if the change would have a material adverse impact on the net operating income of the Mortgaged Property.Property.
Appears in 1 contract