Common use of Easements and Restrictions Clause in Contracts

Easements and Restrictions. The Borrower shall submit, and shall cause the Property Owner to submit, to the Lender for the Lender's written approval (which shall not be unreasonably withheld or delayed) prior to the execution thereof by the Property Owner all proposed easements, restrictions, covenants, Permits, Licenses and other instruments (including any redevelopment agreement entered into by or on behalf of the Property Owner) which would affect the title to the Mortgaged Property, accompanied by a survey or site plan showing the proposed location thereof and such other information as the Lender shall reasonably require. The Borrower shall not permit the Property Owner to subject the Mortgaged Property or any part thereof to any easement, restriction or covenant (including any restriction or exclusive use provision in any Lease or other occupancy agreement other than in an Approved Lease) without the prior written approval of the Lender.

Easements and Restrictions. The Borrower shall submit, and shall cause the Property Owner to submit, to the Lender Agent for the Lender's Agent’s written approval (which shall not be unreasonably withheld or delayed) prior to the execution thereof by the Property Owner all proposed easements, restrictions, covenants, Permits, Licenses and other instruments (including any redevelopment agreement entered into by or on behalf of the Property Owner) which would affect the title to the Mortgaged Property, accompanied by a survey or site plan showing the proposed location thereof and such other information as the Lender Agent shall reasonably require. The Borrower shall not permit the Property Owner to subject the Mortgaged Property or any part thereof to any easement, restriction or covenant (including any restriction or exclusive use provision in any Lease or other occupancy agreement other than in an Approved Lease) without the prior written approval of the LenderAgent.