Common use of Immediate Repairs Clause in Contracts

Immediate Repairs. Borrower shall perform, or shall cause the applicable Tenant to perform, the repairs at the Property as set forth on Schedule I hereto (such repairs hereinafter referred to as “Immediate Repairs”) in good and workmanlike manner and in accordance with Applicable Laws on or prior to the date occurring six (6) months after the date hereof; provided that, Lender may, in its sole discretion, extend the respective deadlines for performance of such Immediate Repairs by written notice to Borrower.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Consolidated Tomoka Land Co)

Immediate Repairs. Borrower shall perform, or shall cause the applicable Tenant to perform, perform the repairs at the Property as set forth on Schedule I hereto (such repairs hereinafter referred to as “Immediate Repairs”) in good and workmanlike manner and in accordance with Applicable Laws on or prior to before the date occurring six (6) months after from the date hereof; provided that, Lender may, in its sole discretion, extend the respective deadlines for performance of such Immediate Repairs by written notice to Borrower.

Appears in 1 contract

Sources: Loan Agreement (Priam Properties Inc.)