Obligations Unaffected. The insufficiency of any balance in any Reserve Account shall not relieve Borrower from its obligation to fulfill all preservation and maintenance covenants in the Loan Documents.
Appears in 4 contracts
Samples: Loan Agreement (Colony Resorts LVH Acquisitions LLC), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Colony Resorts LVH Acquisitions LLC)
Obligations Unaffected. The insufficiency of any balance in any the Current Debt Service Reserve Account shall not relieve any Borrower from its obligation to fulfill all preservation and maintenance covenants in the Loan Documents.
Appears in 2 contracts
Samples: Second Mezzanine Loan Agreement (Strategic Hotel Capital Inc), First Mezzanine Loan Agreement (Strategic Hotel Capital Inc)
Obligations Unaffected. The insufficiency of any balance in any Reserve Account shall not relieve any Borrower from its obligation to fulfill all preservation and maintenance covenants in the Loan Documents.
Appears in 2 contracts
Samples: Loan Agreement (Strategic Hotel Capital Inc), Loan Agreement (Strategic Hotel Capital Inc)
Obligations Unaffected. The insufficiency of any balance in any Reserve Account shall not relieve Borrower any Obligor from its obligation to fulfill all preservation and maintenance covenants in the Loan Documents.
Appears in 1 contract
