Common use of Reciprocal Easement Agreements Clause in Contracts

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 8 contracts

Samples: Loan Agreement (AmREIT, Inc.), Loan Agreement (Sun Communities Inc), Loan Agreement (American Assets Trust, Inc.)

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Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s 's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 7 contracts

Samples: Loan Agreement (MVP REIT II, Inc.), Loan Agreement (MVP REIT, Inc.), Loan Agreement (Maguire Properties Inc)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA material reciprocal easement agreement without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA any reciprocal easement agreement to comply with all of the material economic terms and conditions contained in the REAany such material reciprocal easement agreement.

Appears in 4 contracts

Samples: Work Letter Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the any REA to comply with all of the material economic terms and conditions contained in the any REA.

Appears in 3 contracts

Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc), Loan Agreement (Sunstone Hotel Investors, Inc.)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the each REA to comply with all of the material economic terms and conditions contained in the each REA.

Appears in 2 contracts

Samples: Loan Agreement (Griffin Capital Essential Asset REIT II, Inc.), Loan Agreement (RFS Partnership Lp)

Reciprocal Easement Agreements. No Borrower shall not enter into, terminate or modify any REA without Lender’s prior written 's consent, which consent shall not be unreasonably withheld, conditioned withheld or delayed. Borrower Lender shall enforce, comply with, and cause each subordinate the lien of the parties applicable Mortgages to the any REA Amendment consented to comply with all of the material economic terms and conditions contained in the REAby Lender.

Appears in 2 contracts

Samples: Loan Agreement (Westfield America Inc), Loan Agreement (Westfield America Inc)

Reciprocal Easement Agreements. Borrower shall cause Owner to not enter into, terminate or modify any REA without Lender’s prior written 's consent, which consent shall not be unreasonably withheld, conditioned withheld or delayed. Borrower Lender shall enforce, comply with, and cause each subordinate the lien of the parties Mortgage to the any REA Amendment consented to comply with all of the material economic terms and conditions contained in the REAby Lender.

Appears in 1 contract

Samples: Loan Agreement (Westfield America Inc)

Reciprocal Easement Agreements. No Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Each Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (Extra Space Storage Inc.)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall use commercially reasonably efforts to enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

Reciprocal Easement Agreements. No Borrower shall not enter into, terminate or modify any REA RE A without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Each Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (Extra Space Storage Inc.)

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Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any material terms or conditions contained in any REA without Lender’s 's prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (FSP 50 South Tenth Street Corp)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA, to the extent that such are determined by Borrower in good faith to be commercially reasonable.

Appears in 1 contract

Samples: Loan Agreement (Strategic Storage Trust, Inc.)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (Bedford Property Investors Inc/Md)

Reciprocal Easement Agreements. Subject to any applicable restrictions or requirements in any Existing Lease, Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (Consolidated Tomoka Land Co)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall use commercially reasonable efforts to enforce, comply with, and cause each of the parties to the REA to comply with all of the material economic terms and conditions contained in the REA.

Appears in 1 contract

Samples: Loan Agreement (CNL Income Properties Inc)

Reciprocal Easement Agreements. Borrower shall not enter into, terminate or modify any REA without Lender’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Borrower shall enforce, comply with, and cause each of the parties to the each REA to comply with all of the material economic terms and conditions contained in each REA. Borrower shall use commercially reasonable efforts to complete all Las Colinas REA Obligations in a good and workmanlike manner in accordance with the applicable REA.

Appears in 1 contract

Samples: Loan Agreement (Griffin Capital Essential Asset REIT, Inc.)

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