Common use of PERFORMANCE UNDER DEVELOPMENT AGREEMENTS Clause in Contracts

PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. The Borrower shall fully, timely and completely perform all of the obligations of the owner of the Real Property due under the Development Agreements and shall cause no default under any of the Development Agreements.

Appears in 10 contracts

Sources: Deed of Trust, Security Agreement and Fixture Filing, Deed of Trust, Security Agreement and Fixture Filing (RREEF Property Trust, Inc.), Open End Mortgage Deed, Security Agreement and Fixture Filing (GTJ Reit, Inc.)

PERFORMANCE UNDER DEVELOPMENT AGREEMENTS. The Borrower shall fully, timely and completely perform all of the obligations of the owner of the Real Property due under the Development Agreements (in all material respects) and shall cause no default under any of the Development Agreements.

Appears in 1 contract

Sources: Deed of Trust, Security Agreement and Fixture Filing (AmREIT, Inc.)