Consent to Certain Actions. The Lessor shall transfer the Facility in accordance with Article 15 of the Lease and each of the Lessor and, if applicable, the Administrative Agent shall execute such documents and instruments necessary to effect such transfer. Upon satisfaction in full of the Lessee’s obligations under the Operative Documents, the Administrative Agent shall release the Mortgages and the Mortgaged Property, and, together with the Lessor, execute such instruments and agreements as are necessary to effectuate such release. The Lessor and the Administrative Agent shall enter into nondisturbance agreements.
Appears in 1 contract
Sources: Lease Agreement (Ross Stores Inc)
Consent to Certain Actions. The Lessor shall transfer the Facility Properties in accordance with Article 15 of the Lease and each of the Lessor and, if applicable, the Administrative and Collateral Agent shall execute such documents and instruments necessary to effect such transfer. Upon satisfaction in full of the Lessee’s 's obligations under the Operative Documents, the Administrative Agent shall release the Mortgages Deeds of Trust and the Mortgaged PropertyCollateral, and, together with the Lessor, execute such instruments and agreements as are necessary to effectuate such release. The Lessor and the Administrative Agent shall enter into nondisturbance agreements.
Appears in 1 contract
Sources: Participation Agreement (Human Genome Sciences Inc)
Consent to Certain Actions. The Lessor shall transfer the Facility in accordance with Article 15 of the Lease and each of the Lessor and, if applicable, the Administrative Agent and/or the Collateral Agent shall execute such documents and instruments necessary to effect such transfer. Upon satisfaction in full of the Lessee’s 's obligations under the Operative Documents, the Administrative Agent shall release the Mortgages Mortgage and the Mortgaged PropertyCollateral, and, together with the Lessor, execute such instruments and agreements as are necessary to effectuate such release. The Lessor and the Administrative Agent shall enter into nondisturbance agreements.
Appears in 1 contract
Sources: Participation Agreement, Lease Agreement and Construction Agency Agreement (Ross Stores Inc)