Common use of Agreements Affecting the Premises Clause in Contracts

Agreements Affecting the Premises. Without the prior consent of Agent, which consent shall not be unreasonably withheld or delayed (such consent having been granted with respect to the Development Agreement, the Management Agreement, the Ground Lease, the General Contract, the Architect's Agreement, Approved Leases and the Engineer's Agreement) enter into any development, leasing, management or other similar agreement that constitutes a Major Contract, or fail to provide a letter, in form and substance satisfactory to Agent, executed by the other party to said agreement (including those agreements to which Agent has consented) to the effect, that upon a default under any Loan Document and Agent's acquisition and/or obtaining control of the Premises on behalf of the Lenders through foreclosure, sale or other means, such agreement shall terminate upon Agent's request at no cost to Agent and Lenders (provided that no such letter will be required if the agreement in question contains the foregoing provision);