Common use of Modifications to Material Contracts Clause in Contracts

Modifications to Material Contracts. The Borrower and the Parent shall not enter into, or permit any other Guarantor or any other Subsidiary of the Parent to enter into, any amendment or modification to any Material Contract or default in the performance of any obligations of the Parent, the Borrower, any other Guarantor or any other Subsidiary of the Parent in any Material Contract or permit any Material Contract to be canceled or terminated prior to its stated maturity.

Appears in 2 contracts

Samples: Credit Agreement (Regency Realty Corp), Credit Agreement (Regency Realty Corp)

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Modifications to Material Contracts. The Borrower Except as otherwise provided in Section 8.22., the Borrowers and the Parent shall not enter into, or permit any other Guarantor, any Development Affiliate Guarantor or any other Subsidiary of the Parent or any Borrower to enter into, any amendment or modification to any Material Contract or default in the performance of any obligations of the Parent, the any Borrower, any other Guarantor, any Development Affiliate Guarantor or any other Subsidiary of the Parent or any Borrower in any Material Contract or permit any Material Contract to be canceled or terminated prior to its stated maturity.

Appears in 1 contract

Samples: Credit Agreement (Regency Realty Corp)

Modifications to Material Contracts. The Borrower Parent and the Parent Borrower shall not enter into, or permit any other Guarantor or any other Subsidiary of the Parent to enter into, without the prior written consent of the Requisite Lenders, any amendment or modification to any Material Contract or default in the performance of any of its respective obligations of the Parent, the Borrower, any other Guarantor or any other Subsidiary of the Parent in under any Material Contract or permit any Material Contract to be canceled or terminated prior to its stated maturity.

Appears in 1 contract

Samples: Credit Agreement (CNL American Properties Fund Inc)

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Modifications to Material Contracts. The Borrower Parent and the Parent Borrower shall not enter into, or permit any other Guarantor or any other Subsidiary of the Parent to enter into, without the prior written consent of the Requisite Lenders, any amendment or modification to any Material Contract or default in the performance of any of its respective obligations of the Parent, the Borrower, any other Guarantor or any other Subsidiary of the Parent in under any Material Contract or permit cancel or terminate any Material Contract to be canceled or terminated prior to its stated maturity.

Appears in 1 contract

Samples: Credit Agreement (CNL American Properties Fund Inc)

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