PARKWAY PLAZA Sample Clauses

PARKWAY PLAZA. (a) Parkway Plaza LLC (the "PARKWAY BORROWER") shall use diligent efforts to cause all parties to the REA encumbering its Collateral Property to promptly execute an amendment thereto approving the construction and operation of the movie theater currently under construction at such Collateral Property (the "AMENDMENT"). In addition, the Parkway Borrower shall use diligent efforts to cause such Amendment to contain a provision (the "NOTICE PROVISION") whereby The May Department Store Company ("May Co.") agrees to give Parkway Borrower and Lender at least ninety days' written notice (the "MAY NOTICE") prior to the date on which Parkway Borrower shall first be obligated to pay or incur any expense with respect to the contemplated expansion of the May Co.'s store at Parkway Plaza (the "MAY EXPANSION"). Parkway Plaza LLC shall deliver to Lender a copy of the Amendment within two (2) business days after Parkway Borrower executes the Amendment.
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Related to PARKWAY PLAZA

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