MORTGAGEE'S APPROVAL. If Landlord's current or future mortgagee shall require modifications of the terms and provisions of this Lease, Tenant agrees to execute and deliver to Landlord such reasonable amendments to this Lease as may be required to effect such modifications within thirty (30) days after Landlord's request therefor. In no event, however, shall Tenant be required to take on additional liability or risk or agree to materially modify any provision of this Lease relating to the amount of Rent, Additional Rent or other charges reserved herein, the size and/or general location of the Premises, or the Lease Term.
MORTGAGEE'S APPROVAL. Landlord's obligation to perform its covenants and agreements hereunder is subject to the condition precedent that this Lease be approved by the holder of any mortgage of which the Premises are a part and by the issuer of any commitment to make a mortgage loan which is in effect on the date hereof. Unless Landlord gives Tenant written notice within thirty (30) business days after the date hereof that such holder or issuer, or both, disapprove this Lease, then this condition shall be deemed to have been satisfied or waived and the provisions of this Section 8.7 shall be of no further force or effect.
MORTGAGEE'S APPROVAL. If any mortgagee of the Center requires any modification of the terms and provisions of this Lease as a condition to such financing as Landlord may desire, then Landlord shall have the right to cancel this Lease if Tenant fails or refuses to approve and execute such modification(s) within thirty (30) days after Landlord's request therefor, provided said request is made at least thirty (30) days prior to delivery of possession. Upon such cancellation by Landlord, this Lease shall be null and void and neither party shall have any liability either for damages or otherwise to the other by reason of such cancellation. In no event, however, shall Tenant be required to agree, and Landlord shall not have any right of cancellation for Tenant's refusal to agree, to any modification of the provisions of this Lease relating to: the amount of rent or other charges reserved herein; the size and/or location of the Premises; the duration and/or Commencement Date of the Lease Term; or reducing the improvements to be made by Landlord to the Premises prior to delivery of possession.
MORTGAGEE'S APPROVAL. INTENTIONALLY DELETED.
MORTGAGEE'S APPROVAL. Tenant hereby agrees that, if Landlord's mortgagee shall require modifications of the terms and provisions of this Lease, Tenant shall not unreasonably withhold, condition or delay its execution and delivery of the agreements required to effect such Lease modification (it being understood that any such reasonable modification(s) shall be executed and delivered within thirty (30) days after Landlord's request therefor). In no event, however, shall Tenant be required to agree to modify any provision of this Lease relating to the amount of Rent, Additional Rent or other charges reserved herein, the size and/or general location of the Premises, or the Lease Term, nor shall any such modification diminish Landlord's obligations or Tenant's rights hereunder.
MORTGAGEE'S APPROVAL. Landlord's obligation to perform its covenants and agreements hereunder is subject to the condition precedent that this Lease be approved by the holder of any mortgage of which the Premises are a part and by the issuer of any commitment to make a mortgage loan which is in effect on the date hereof. Unless Landlord gives Tenant written notice within ten (10) days after the date hereof that such holder or issuer, or both, disapprove this Lease, then this condition shall be deemed to have been satisfied or waived and the provisions of this Section 8.7 shall be of no further force or effect. If Landlord provides such notice of disapproval to Tenant, then all of Landlord's and Tenant's obligations hereunder shall be deemed terminated and this Lease shall terminate without recourse to the parties hereto.
MORTGAGEE'S APPROVAL. Landlord’s obligation to perform its covenants and agreements hereunder is subject to the condition precedent that this Amendment be approved by Wachovia (the “Mortgagee Approval”) on or before 5:00 p.m. on April 5, 2010 (the “Mortgagee Approval Period”). Landlord shall notify Tenant on or before 5:00 p.m. on April 9, 2010 as to whether the Mortgagee Approval has been obtained within the Mortgagee Approval
MORTGAGEE'S APPROVAL. Landxxxx'x xnd Tenaxx'x xbligations to perform their covenants and agreements under this Lease are subject to the condition precedent that this Lease approved by the current mortgagee of the Charxxx Xxxare Site (Aetna Life and be Casualty Company) and the lessor under the Ground Lease. Landlord shall use diligent efforts to obtain such approvals. Unless Landlord notifies Tenant within 45 days after the date hereof that the Lease has been disapproved, the condition set forth in this Section 8.7 shall be deemed satisfied.
MORTGAGEE'S APPROVAL. If any mortgagee of the Hotel Complex requires any modification of the terms and provisions of this Lease as a condition to such financing as Landlord may desire, then Landlord shall have the right to cancel this Lease if Tenant fails or refuses to approve and execute such modification(s) within thirty (30) days after Landlord’s request therefore, provided such request is made within thirty (30) days after this Lease is executed. Upon such cancellation by Landlord, this Lease shall be null and void and neither party shall have any liability either for damages or otherwise to the other by reason of such cancellation. In no event, however, shall Tenant be required to agree, and Landlord shall not have any right of cancellation for Tenant’s refusal to agree, to any modification of the provisions of this Lease relating to: the amount of rent or other charges reserved herein; the size and/or location of the Premises; the duration of the Lease Term and/or Bodies Exhibition Commencement Date, Titanic Exhibition Commencement Date and/or King of the World/High Tea/TBD Venue/Iceberg Bar Commencement Date; or a modification which will result in a material decrease in Tenant’s rights or a material increase in Tenant’s obligations under this Lease.
MORTGAGEE'S APPROVAL. If any mortgagee of the Building requires any modification of the terms and provisions of this Lease as a condition to such financing as Landlord may desire, then landlord shall have the right to cancel this lease if Tenant fails or refuses to approve and execute such modification(s) within thirty (30) days after requested by Landlord. Upon such cancellation by Landlord, this Lease shall be null and void and neither party shall have any liability either for damages or otherwise to the other by reason of such cancellation. In no event, however, shall Tenant be required to agree, and Landlord shall not have any right of cancellation for Tenant’s refusal to agree, to any modification of the provisions of this Lease relating to: the amount of rent or other charges; the size and/or location of the Premises (except as otherwise provided herein); the duration and/or commencement date of the Term hereof.
