Common use of Demolition or Alterations Clause in Contracts

Demolition or Alterations. Except as permitted herein or in the other Loan Documents, the commencement of demolition of or material alterations (as such term is defined in the Mortgage) to any Property without the prior written consent of Lender, which consent may be withheld by Lender in Lender's sole discretion.

Appears in 3 contracts

Samples: Loan Agreement (Golf Ventures Inc), Loan Agreement (First Potomac Realty Trust), Loan Agreement (Golf Ventures Inc)

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Demolition or Alterations. Except as otherwise permitted or contemplated herein or in the other Loan Documents, the commencement of demolition of or material alterations (as such term is defined in the Mortgage) to any Property of the Properties without the prior written consent of Lender, which consent may be granted or withheld by Lender in Lender's sole and absolute discretion.

Appears in 1 contract

Samples: Loan Agreement (Cedar Income Fund LTD /Md/)

Demolition or Alterations. Except as permitted herein or in the other Loan Documents, the commencement of demolition of or material alterations (as such term is defined in the Mortgage) to any Property the Premises without the prior written consent of Lender, which consent may be withheld by Lender in Lender's sole discretion.. 5.1.8

Appears in 1 contract

Samples: Loan Agreement (Mark Centers Trust)

Demolition or Alterations. Except as permitted herein or in the other Loan Documents, the commencement of demolition of or material alterations (as such term is defined in the Mortgage) to any Property the Premises without the prior written consent of Lender, which consent may be withheld by Lender in Lender's sole discretion.

Appears in 1 contract

Samples: Loan Agreement (Tower Realty Trust Inc)

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Demolition or Alterations. Except as otherwise permitted or contemplated herein or in the other Loan Documents, the commencement of demolition of or material alterations (as such term is defined in to the Mortgage) to any Property Premises or the Shopping Centers without the prior written consent of Lender, which consent may be granted or withheld by Lender in Lender's sole and absolute discretion.

Appears in 1 contract

Samples: Loan Agreement (Cedar Income Fund LTD /Md/)

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