Modification, Waiver in Writing. No modification, amendment, extension, discharge, termination or waiver of any provision of this Agreement, or of the Note, or of any other Loan Document, nor consent to any departure by Borrower or Leasehold Pledgor, as applicable, therefrom, shall in any event be effective unless the same shall be in a writing signed by the party against whom enforcement is sought, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, or demand on Borrower or Leasehold Pledgor, shall entitle Borrower or Leasehold Pledgor, as applicable, to any other or future notice or demand in the same, similar or other circumstances.
Appears in 2 contracts
Samples: Junior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.), Senior Mezzanine Loan Agreement (Ashford Hospitality Prime, Inc.)
Modification, Waiver in Writing. No modification, amendment, extension, discharge, termination or waiver of any provision of this Agreement, or of the NoteSecurity Instrument, or of any the Note and the other Loan DocumentDocuments, nor consent to any departure by Additional Obligor or Borrower or Leasehold Pledgor, as applicable, therefrom, shall in any event be effective unless the same shall be in a writing signed by the party against whom enforcement is sought, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, or demand on Borrower or Leasehold PledgorAdditional Obligor, shall entitle Borrower or Leasehold Pledgor, as applicable, Additional Obligor to any other or future notice or demand in the same, similar or other circumstances.
Appears in 2 contracts
Samples: Loan Agreement (Retail Value Inc.), Loan Agreement (Retail Value Inc.)
Modification, Waiver in Writing. No modification, amendment, extension, discharge, termination or waiver of any provision of this Agreement, or of the Note, or of any other Loan Document, nor consent to any departure by Borrower Borrowers or Leasehold Pledgor, as applicable, Mortgage Borrowers therefrom, shall in any event be effective unless the same shall be in a writing signed by the party against whom enforcement is sought, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, or demand on Borrower Borrowers or Leasehold PledgorMortgage Borrowers, shall entitle Borrower Borrowers or Leasehold Pledgor, as applicable, Mortgage Borrowers to any other or future notice or demand in the same, similar or other circumstances.circumstances 104
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
Modification, Waiver in Writing. No modification, amendment, extension, discharge, termination or waiver of any provision of this Agreement, or of the Note, or of any other Loan Document, nor consent to any departure by Borrower Borrowers or Leasehold Pledgor, as applicable, Mortgage Borrowers therefrom, shall in any event be effective unless the same shall be in a writing signed by the party against whom enforcement is sought, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, or demand on Borrower Borrowers or Leasehold PledgorMortgage Borrowers, shall entitle Borrower Borrowers or Leasehold Pledgor, as applicable, Mortgage Borrowers to any other or future notice or demand in the same, similar or other circumstances.
Appears in 2 contracts
Samples: Pledge and Security Agreement (MPG Office Trust, Inc.), Pledge and Security Agreement (MPG Office Trust, Inc.)
Modification, Waiver in Writing. No modification, amendment, extension, discharge, termination or waiver of any provision of this Agreement, or of the Note, Agreement or of any other Loan Document, nor consent to any departure by Borrower or Leasehold Pledgor, as applicable, Op Co Pledgor therefrom, shall in any event be effective unless the same shall be in a writing signed by the party against whom enforcement is sought, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which given. Except as otherwise expressly provided herein, no notice to, to or demand on Borrower or Leasehold Pledgor, Operating Lessee shall entitle Borrower or Leasehold Pledgor, as applicable, Op Co Pledgor to any other or future notice or demand in the same, similar or other circumstances.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust)