Common use of Loan Compliance Clause in Contracts

Loan Compliance. The Transferor Partnership shall (a) make all payments of interest and principal and, if applicable, tax escrow, insurance escrow and other amounts required under the Note and other Loan Documents coming due thereunder prior to the Closing, in accordance with the terms thereof, (b) otherwise comply with all of the material terms and provisions of the Loan Documents up to the Closing, (c) not alter or amend the Loan Documents, or seek or accept any waivers or extensions of time for payment or performance thereunder except as permitted and set forth on Schedule 9.06 attached hereto and (d) not make any prepayment of principal under the Note.

Appears in 7 contracts

Samples: Contribution Agreement (Berkshire Realty Co Inc /De), Contribution Agreement (Berkshire Realty Co Inc /De), Contribution Agreement (Berkshire Realty Co Inc /De)

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