CHANGES REQUESTED BY LENDER Sample Clauses
The "CHANGES REQUESTED BY LENDER" clause grants the lender the right to request modifications to the terms or documents associated with a loan agreement. In practice, this may involve the lender asking for updates to reflect regulatory requirements, correct errors, or address new circumstances that arise before closing. This clause ensures that the lender can maintain compliance and protect its interests by adapting the agreement as needed, thereby reducing the risk of legal or operational issues.
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CHANGES REQUESTED BY LENDER. If, in connection with obtaining financing for the Project, the lender shall request reasonable modifications in this Lease as a condition to the financing, Tenant will not unreasonably withhold or delay its consent, provided that the modifications do not materially increase the obligations of Tenant or materially and adversely affect the leasehold interest created by this Lease.
CHANGES REQUESTED BY LENDER. Neither Landlord or Tenant shall unreasonably withhold its consent to changes or amendments to this Lease requested by the lender on Landlord's interest, so long as these changes do not alter the basic business terms of this Lease or otherwise materially diminish any rights or materially increase any obligations of the party from whom consent to such charge or amendment is requested.
CHANGES REQUESTED BY LENDER. Section 22.4
CHANGES REQUESTED BY LENDER. Tenant shall not unreasonably withhold its consent to changes or amendments to this Lease requested by the lender on Landlord's interest, so long as such changes do not alter the basic business terms of this Lease or otherwise materially diminish any rights or materially increase any obligations of Tenant under this Lease.
CHANGES REQUESTED BY LENDER. If, in connection with obtaining financing for the. Building, any lender shall request reasonable modifications in this Lease as a condition for such financing, Tenant will not unreasonably withhold, delay, or defer its consent thereto, provided such modifications do not increase the obligations of Tenant, decrease Tenant's rights or in any way affect Tenant's monetary obligations hereunder or materially adversely affect either the leasehold interest hereby created or Tenant's use and enjoyment of the Premises.
CHANGES REQUESTED BY LENDER. If, in connection with obtaining financing for the Premises, Lessor's lender shall request reasonable modifications in the Lease as a condition to the financing, Lessee will not unreasonably withhold or delay its consent, provided that the modifications do not materially increase the obligations of Lessee or materially and adversely affect the leasehold interest created by the Lease.
CHANGES REQUESTED BY LENDER. Neither Landlord nor Tenant shall unreasonably withhold its consent to changes or amendments to this Lease by the Lender on Landlord's fee interest or on Tenant's leasehold interest, as the case may be, so long as such changes do not alter the basic business terms of this Lease or otherwise materially diminish the rights or materially increase the obligations of the party from whom consent to such change or amendment is requested. END OF GENERAL CONDITIONS TO GROUND LEASE EXHIBIT D GUARANTY THIS GUARANTY (the "Guaranty") is made as of August __, 1991, by ▇▇▇▇▇▇ ▇. ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ and ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ (individually, a "Guarantor" and collectively, the "Guarantors"), in favor of THE IRVINE COMPANY, a Michigan corporation ("Landlord").
1. Except as otherwise provided in this Guaranty, all terms defined in that certain Amended and Restated Agreement Re Ground Lease of even date herewith by and between ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, a California general partnership ("Tenant"), and Landlord (the "Agreement") shall have the same meaning when used in this Guaranty. Such defined terms are denoted in the Agreement and in this Guaranty by initial capital letters.
2. In order to induce Landlord to enter into the Agreement, Guarantors hereby, jointly and severally, unconditionally and irrevocably guarantee to Landlord, and to its successors and/or assigns, the prompt and complete performance of Tenant's obligations under Sections 4.01 and 4.02 of the Agreement (the "Guaranteed Obligations").
3. Each Guarantor is either a general partner in Tenant or the principal shareholder of a corporate general partner of Tenant. Accordingly, each Guarantor agrees that Landlord's entering into the Agreement is of substantial and material benefit to such Guarantor and further agrees as follows:
CHANGES REQUESTED BY LENDER. Intentionally Omitted.
CHANGES REQUESTED BY LENDER. If, in connection with obtaining financing for the Office Building, the lender shall request reasonable modifications in this Lease as a condition to the financing, Tenant will not unreasonably withhold or delay its consent, provided that the modifications do not materially increase the obligations of Tenant or materially and adversely affect the leasehold interest created by this Lease. 44 SECTION 22.4.
CHANGES REQUESTED BY LENDER. Neither Lessor nor Lessee shall unreasonably withhold its consent to changes or amendments to this Lease requested by any lender on Lessor's fee interest or on Lessee's leasehold interest, as the case may be, so long as such changes do not alter the basic business terms of this Lease or otherwise materially diminish the rights or materially increase the obligations of the party from whom consent to such change or amendment is requested.