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201901177 <br />4. GIRH hereby covenants and agrees that, whether or not any GIRH Agreement is <br />terminated, Lender shall not (a) be liable for any previous act or omission of any Pledgor with <br />respect to any GIRH Agreement, (b) be subject to any offset which shall theretofore have <br />accrued to GIRH against any Pledgor, (c) have any obligation with respect to any security <br />deposited with respect to the Hospital Lease unless such security has been physically delivered <br />to Lender, (d) bound by any amendment to any GIRH Agreement entered into after the effective <br />date of this Agreement which is made without Lender's written consent; or (e) bound by any rent <br />paid by GIRH more than thirty (30) days in advance of the due date under any GIRH <br />Agreement. Nothing in this Agreement shall relieve Lender or a Successor Owner from liability <br />for its failure to perform any obligation under any of the GIRH Agreements which, although <br />such failure may have begun prior to Lender or such Successor Owner obtaining title to or <br />taking possession and control of the Property, continues to constitute a default in the <br />performance of the obligations of the landlord or lessor, as applicable, under such GIRH <br />Agreements; with the understanding, however, that (i) GIRH shall provide Lender (or such <br />Successor Owner, if GIRH shall have been notified of the identity and notice address for such <br />Successor Owner in accordance with the Collateral Documents) with written notice of any such <br />default, and (ii) Lender or such Successor Owner, as applicable, shall have 30 days following <br />Lender's obtaining title to the Leased Property in which to cure the default, or, if such default <br />cannot reasonably be cured within such 30 -day period, Lender or such Successor Owner, as <br />applicable, shall have such longer time as may be reasonably necessary to cure the default on the <br />condition that Lender commences the cure within such period and diligently pursues the cure to <br />completion; provided that nothing contained herein shall require Lender or any Successor Owner <br />to cure any default or perform any obligation that is personal to a Pledgor or not reasonably <br />susceptible to cure or to obligate Lender to complete any construction if it does not have title to <br />the Premises. In such event, the responsibility or Lender or such Successor Owner shall be <br />determined as if the failure had first arisen on the date title to the Leased Property vested in <br />Lender or such Successor Owner. <br />5. Any provision of this Agreement to the contrary notwithstanding, Lender shall have <br />no obligation, or incur any liability, with respect to the erection and completion of any <br />improvements for GIRH's use and occupancy. <br />6. If Lender elects to accept from any Pledgor a deed in lieu of foreclosure and <br />whether or not any GIRH Agreement is terminated, GIRH's right to receive or set off any <br />monies or obligations owed or to be performed by any Pledgor shall not be enforceable <br />thereafter against Lender or any subsequent owner. <br />7. Nothing contained in this Agreement shall in any way impair or affect the lien <br />created by the Collateral Documents, except as specifically set forth herein. <br />8. No modification, amendment, waiver or release of any provision of this Agreement <br />or of any right, obligation, claim or cause of action arising hereunder shall be valid or binding <br />for any purpose whatsoever unless in writing and duly executed by the party against whom the <br />same is sought to be asserted. <br />-3- <br />