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9 � 1093 �3 <br /> Materials is subject to regulation under Environmental Laws . <br /> Lender shall instruct such auditor to conduct such audit in such <br /> a manner as to minimize interference with the operation of the <br /> Property. <br /> (i) at any time that Lender reasonably suspects the <br /> presence of asbestos or Hazardous Materials subject to <br /> regulation under Environmental Laws, in, on, under, <br /> from or around the Property (except with respect to any <br /> Hazardous Materials used in the ordinary course of <br /> business of the tenants of the Property, with respect <br /> to which use there has been no violation of <br /> Environmental Laws) ; or <br /> (ii) upon and after any Event of Default hereunder. <br /> 17 . Bankru�tcx. <br /> A. Bankruptcy: Assumption of Assignment . The parties <br /> agree that Borrower has substantial duties of performance apart <br /> from its mere financial obligations under the Trust Deed, the <br /> Note and other debt instruments or obligations which this Trust <br /> Deed secures, and that parties other than the Borrower could not <br /> adequately and fully perform the covenants to be performed by <br /> Borrower in this Trust Deed. The parties also agree that this <br /> Trust Deed is an agreement for the making of loans and for the <br /> extending of debt financing or financial accommodations . No <br /> assumption of or assignment of this Trust Deed shall be allowed <br /> in bankruptcy. Should an assumption of or assignment of this <br /> Trust Deed be permitted in violation of this covenant, the <br /> parties agree that Lender will not have adequate assurance of <br /> performance unless and until Lender is allowed access to adequate <br /> financial and other information to satisfy itself that the <br /> trustee or proposed assignee is fully able to assume the <br /> financial and personal covenants of Borrower under this <br /> agreement, in full accordance with its terms, and that sufficient <br /> collateral is pledged and sufficient bonds or letters of credit <br /> are posted by the trustee or proposed assignee to guarantee <br /> performance of such obligations . The parties further agree that <br /> the definition of the term "adequate assurance" as set forth in <br /> §365 (b) (3) of the Bankruptcy Code of 1978 shall be applicable <br /> directly or by analogy to any determination of adequate assurance <br /> in connection with this Trust Deed. <br /> B. Bankruptcy: Adeguate Protection. In the event Borrower <br /> becomes a debtor in bankruptcy, the debtor in possession or <br /> trustee shall not be permitted to use, sell or lease any of the <br /> Property, whether or not in the ordinary course of business, <br /> without providing adequate protection to Lender. The parties <br /> agree that the language in §361 of the Bankruptcy Code of 1978 <br /> shall be the definition of the term ��adequate protection�� in <br /> connection with any use, sale or lease of the Property. The cash <br /> payment referred to in that section shall mean the full payments <br /> required under the Note and all other indebtedness which this <br /> Trust Deed secured, plus payment representing the full <br /> replacement value of the Property used, sold or leased; the <br /> replacement liens referred to in that section shall mean liens on <br /> property the actual market value of which is equal to or greater <br /> than the replacement cost of the Property used, sold or leased; <br /> and the term "indubitable equivalent" as used in that section <br /> shall mean protection afforded by either grants of administrative <br /> expense priority, grants to Lender of ownership interest in a <br /> continuing business surviving the bankruptcy, or grants to lender <br /> of protected securities issued by a continuing business surviving <br /> the bankruptcy, which completely compensates Lender for the loss <br /> of the present value (computed at the then market rate of <br /> interest for commercial loans) , of its interest in the Property. <br /> For purposes of computation, the value of the Property shall be <br /> the actual market cost of replacement real estate in <br /> approximately the same location and condition as the Property, <br /> and with similar improvements . <br /> 9 <br />