Common use of Cooperation by Parties Clause in Contracts

Cooperation by Parties. Landlord will cooperate with Tenant in executing an agreement substantially in accordance with this Agreement and naming the specific Lender, if required by the Lender, and executing any estoppel certificate, acknowledgment or similar document reasonably required by Tenant and the Lender in connection with financing obtained by Tenant. Landlord agrees to execute, acknowledge (if appropriate), and deliver any agreements clarifying or modifying this Lease and reasonably required by Tenant and Lender, provided that any such modification shall not in any way cause any material diminishment of Tenant’s obligations or Landlord‘s rights and remedies pursuant to the Lease.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Cooperation by Parties. Landlord will cooperate with Tenant in executing an agreement substantially in accordance with this Agreement and naming the specific LenderLender(s), if required by the LenderLender(s), and executing any estoppel certificate, acknowledgment or similar document reasonably required by Tenant and the Lender Lender(s) in connection with financing obtained by Tenantany leasehold financing. Landlord agrees to execute, acknowledge (if appropriate), and deliver any agreements clarifying or modifying this the Lease and reasonably required by Tenant and Lenderthe Lender(s), provided that any such modification shall not in any way cause any material diminishment of Tenant’s 's obligations or Landlord‘s Landlord's rights and remedies pursuant to the Lease.

Appears in 1 contract

Sources: Purchase Agreement (Aei Real Estate Fund Xviii Limited Partnership)