Modify REAs. Without the prior consent of Mezzanine Lender, which shall not be unreasonably withheld, delayed or conditioned and provided such consent request shall be in writing and conspicuously state that failure by Mezzanine Lender to disapprove in writing to such consent request within ten (10) Business Days shall be deemed consent on behalf of the Mezzanine Lender, execute modifications to the REAs; provided, however, failure by Mezzanine Lender to disapprove in writing to Mezzanine Borrower's consent request pursuant to this Section 5.2.16 within ten (10) Business Days shall be deemed consent on behalf of Mezzanine Lender;
Appears in 2 contracts
Sources: Mezzanine Loan and Security Agreement (Maguire Properties Inc), Junior Tier Mezzanine Loan and Security Agreement (Maguire Properties Inc)