Common use of Compliance with Restrictive Covenants Clause in Contracts

Compliance with Restrictive Covenants. Borrower shall at all times comply in all material respects with all Operations Agreements. Borrower will not enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without Lender’s prior written consent.

Appears in 2 contracts

Samples: Loan Agreement (OVERSTOCK.COM, Inc), Loan Agreement (Condor Hospitality Trust, Inc.)

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Compliance with Restrictive Covenants. Borrower shall at all times comply in all material respects with all Operations Agreements. Borrower will not enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without Lender’s 's prior written consent, which consent may be granted or denied in Lender's sole discretion.

Appears in 2 contracts

Samples: Loan Agreement (Medalist Diversified REIT, Inc.), Loan Agreement (Medalist Diversified REIT, Inc.)

Compliance with Restrictive Covenants. Borrower Borrowers shall at all times comply in all material respects with all Operations Agreements. No Borrower will not enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted EncumbrancesEncumbrances (other than entering into customary utility and access easements which do not adversely affect the value, use or operation of the Property), or suffer, consent to or permit the foregoing, without Lender’s prior written consent, which consent may be granted or denied in Lender’s sole discretion.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Finance Trust, Inc)

Compliance with Restrictive Covenants. Borrower shall at all times comply (and shall cause Owner to comply) in all material respects with all Operations Agreements. Borrower will not permit Owner to enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without Lender’s prior written consent.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (OVERSTOCK.COM, Inc)

Compliance with Restrictive Covenants. Borrower Borrowers shall at all times comply in all material respects with all Operations Agreements. No Borrower will not enter into, modify, waive in any material respect or release any Easementseasements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without LenderXxxxxx’s prior written consent, which consent may be granted or denied in Xxxxxx’s sole discretion.

Appears in 1 contract

Samples: Loan Agreement (GTJ Reit, Inc.)

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Compliance with Restrictive Covenants. Etc. Borrower shall at all times comply in all material respects with all Operations Agreements. Borrower will not enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without Lender’s prior written consent.. 5.23

Appears in 1 contract

Samples: _______________________________________________________________ Loan Agreement (Strategic Realty Trust, Inc.)

Compliance with Restrictive Covenants. Borrower Borrowers shall at all times comply in all material respects with all Operations Agreements. No Borrower will not enter into, modify, waive in any material respect or release any Easements, Operations Agreements or other Permitted Encumbrances, or suffer, consent to or permit the foregoing, without Lender’s 's prior written consent, which shall not be unreasonably withheld, conditioned or delayed.

Appears in 1 contract

Samples: Loan Agreement (Parking REIT, Inc.)

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