Common use of Structural Alterations Clause in Contracts

Structural Alterations. Borrower shall not erect or construct any new structures of any kind or additions or material alterations to existing buildings or other structures on the Collateral (except interior tenant improvements), without the Lenders' prior written approval, which will not be unreasonably withheld or delayed.

Structural Alterations. Borrower shall not erect or construct any new structures of any kind or additions or material alterations to existing buildings or other structures on the Collateral (except interior tenant improvements), without the Lenders' Lender's prior written approval, which will not be unreasonably withheld or delayed.