TIC Agreement Sample Clauses

TIC Agreement. Except for transfers and other actions permitted by Article VIII, the Co-Borrowers will not terminate, modify, change, supplement, alter, amend or cancel the TIC Agreement without the Lender’s prior written consent.

TIC Agreement. Any and all rights of Borrower under the TIC Agreement, including, without limitation, any options to purchase and rights of first refusal, including any rights of first refusal under Section 363(i) of the Bankruptcy Code; and

TIC Agreement. The TICS have each executed and are all subject to that certain Co-Ownership Agreement dated as of January 10, 2006, as amended by the First Amendment to Co-Ownership Agreement dated November 21, 2006 (the "TIC Agreement"). Borrower desires to place third parties on notice that the TIC Agreement contains certain rights, obligations, requirements and certain waivers (including waiver of partition rights), all of which are incorporated by reference in this Mortgage. It is specifically acknowledged and agreed by Borrower that Lender is a third party beneficiary of the TIC Agreement.

TIC Agreement. Ensure that the Mortgage Borrower will not terminate, modify, change, supplement, alter, amend or cancel the TIC Agreement without the Mezzanine Lender’s prior written consent.

TIC Agreement. That certain Amended and Restated Lot 4 Co-Ownership Agreement dated as of the date hereof, by and among EYP REALTY,LLC, a Delaware limited liability company, Borrower, ▇▇▇▇▇▇▇ PROPERTIES-777 TOWER, LLC, a Delaware limited liability company, and ▇▇▇▇▇▇▇ PROPERTIES-755 ▇. ▇▇▇▇▇▇▇▇, LLC, a Delaware limited liability company, as the same may be further amended, supplemented or modified from time to time pursuant to the terms thereof and the terms of this Agreement.

TIC Agreement. The TIC Agreement is modified, amended, transferred, assigned, terminated, or rescinded by Borrower or Land (Parking) Owner, without the prior written consent of Administrative Agent, such consent not to be unreasonably withheld, conditioned or delayed; provided that, any amendment or modification to the TIC Agreement to reflect a transfer in the Land (Parking) to Borrower is hereby pre-approved by Administrative Agent);

TIC Agreement. Borrower’s contract rights under that certain Tenancy-in-Common Agreement executed by and among TIC 1, TIC 2, TIC 3 and TIC 4 and dated on or about the date hereof (such agreements, together with all amendments, restatements, memoranda or other modifications thereof, collectively, the “TIC Agreement”);

TIC Agreement. Each party obligated hereunder as “Mortgagor” shall be a party to an agreement of co-tenancy (the “TIC Agreement”), the form of which shall have been delivered to, and approved by, Mortgagee prior to the date hereof. Each Mortgagor shall cause the TIC Agreement to remain in full force and effect at all times until payment in full of the Loan. It shall constitute an Event of Default hereunder (i) if the TIC Agreement shall not be in full force and effect as a binding agreement among all owners of the Property, or (ii) if the TIC Agreement shall be amended, canceled, modified or terminated, or any party shall be admitted thereto, in each case without the prior written consent of Mortgagee.

TIC Agreement. LMLP has made available to the Partnership and Inland true, correct and complete copies of the TIC Agreement. Except as disclosed in writing to the Partnership and Inland, to LMLP’s knowledge, no written notice has been given or received by LMLP under the TIC Agreement with respect to any material default under the TIC Agreement which remains uncured.