Modification of Leases. Between the date hereof and the Closing Date, Seller shall not modify or amend any of the Existing Leases or any of the New Leases without Purchaser's prior written consent in each instance, which consent shall not be unreasonably withheld; provided, however, Seller shall have the right, without Purchaser's consent, to enter into any modification or amendment of an Existing Lease or a New Lease if the same is required pursuant to the terms of the Existing Lease or the New Lease, as the case may be, or if the same is entered into to effectuate or memorialize the exercise of any right or option contained in the Existing Lease or the New Lease, as the case may be. If required, Purchaser's consent shall be deemed granted if not denied by notice (stating the grounds for denial with reasonable specificity) given to Seller within five (5) Business Days after request for such consent by Seller.
Modification of Leases. Mortgagor shall not materially amend, modify or ---------------------- cancel the Lease nor significantly change the terms of any other Lease and shall not materially reduce any rent (other than rent payable by Mortgagor under the Lease) without the prior written consent of Mortgagee. Without limiting the foregoing, if a petition in bankruptcy is filed by or against Landlord and the Lease is rejected by Landlord pursuant to such bankruptcy proceeding, Mortgagor shall have no right to treat the Lease as terminated pursuant to such rejection without the prior written consent of Mortgagee. 5.4
Modification of Leases. The Leases are unmodified and in full force and effect as of the date of the Schedules of Leases [(except for those designated on the Schedule of Leases as "out for signature"), and constitute the sole agreements and understandings (written or oral) between the Owner Entities and the parties thereto. There have been no changes in the Leases since the date of such Schedules except for those made in the ordinary course of business.
Modification of Leases etc. . Mortgagor shall not change the material terms of any Lease and shall not reduce any Rent without the prior written consent of Mortgagee. Mortgagor shall not change the terms of any security interests or guarantees securing or guaranteeing the payment of Rent to Mortgagor.
Modification of Leases. Grantor, without the prior written consent of Beneficiary not to be unreasonably withheld, shall not: (i) cancel or accept the surrender of any Lease unless in Grantor’s good faith business judgement such cancellation or acceptance is in the best interest of Grantor; (ii) assign, transfer, pledge or encumber, the whole or any part of the Leases and Rents to anyone other than Beneficiary; (iii) except as otherwise provided herein, accept any Rents more than one (1) month in advance of the accrual thereof; or (iv) do or permit anything to be done, the doing of which, or omit or refrain from doing anything, the omission of which, could be a breach or default under the terms of any Lease or a basis for termination thereof.
Modification of Leases. SeraNova acknowledges and agrees that ------------------------ Intelligroup has the right to modify or otherwise amend the Edison, NJ Lease and each other Intelligroup Leases without the consent of SeraNova; provided, however, that in the event such modification results in an increase in the rent or other amounts payable thereunder or a decrease or diminution of the services or space provided therein, SeraNova's rights and obligations with respect to the Premises or such Intelligroup Facility shall nonetheless remain as they were prior to such modification unless SeraNova consents, in writing, to any such modifications. Intelligroup will provide SeraNova with prior notice of, and a copy of, any such amendment.
Modification of Leases. Seller shall not modify any of the Leases or terminate any of them, without the prior written consent of the Purchaser. Such consent shall not be unreasonably withheld. Unless, within five (5) business days after receipt by Purchaser of written notice of such modification or termination (such notice to include a copy of all documentation relating thereto), Purchaser shall notify Seller in writing of an objection thereto, Purchaser shall be deemed to have consented thereto.
Modification of Leases. Trustor shall not materially amend, modify or ------------------------ cancel the Master Lease nor significantly change the terms of any other Lease and shall not materially reduce any rent (other than rent payable by Trustor under the Master Lease) without the prior written consent of Beneficiary. Without limiting the foregoing, if a petition in bankruptcy is filed by or against Landlord and the Master Lease is rejected by Landlord pursuant to such bankruptcy proceeding, Trustor shall have no right to treat the Master Lease as terminated pursuant to such rejection without the prior written consent of Lxxxxx. 5.4
Modification of Leases. XLC acknowledges and agrees that IE has the right to modify or otherwise amend the Headquarter Lease and each other IE Lease without the consent of XLC; provided, however, that in the event such modification results in an increase in the rent or other amounts payable thereunder or a decrease or diminution of the services or space provided therein, XLC's rights and obligations with respect to such IE Facility shall nonetheless remain as they were prior to such modification unless XLC consents, in writing, to any such modifications. IE will provide XLC with prior notice of, and a copy of, any such amendment.
Modification of Leases. Without the prior written consent of Purchaser, MCC shall not terminate, waive, amend or modify any material provision of any Account Document to the extent relating to any Payment Right, except (i) as may be required by Law, (ii) ministerial changes necessary in order to correct inaccurate or incomplete clauses or provisions (other than clauses and provisions related to the Payment Rights), (iii) early terminations pursuant to customer buyouts, but subject to Section 7.17 of the Purchase Agreement, and (iv) amendments undertaken in connection with any lease extension or upgrade, subject to Section 7.17 of the Purchase Agreement.
