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201000751 <br />provided and without obtaining the authorisation, approval, consent or waiver of any grantor, <br />lessor, sublessor, Governmental Authority, or other Person whomsoever subject only to the <br />Permitted Liens. <br />2. Pa ment of Lender Obli ations. Mortgagor shall pay and perform the Lender <br />Obligations at the times and places and in the manner specified in Credit Agreements and/or <br />each other Lender Agreement. ~' <br />3. R~uirements. Mortgagor shall promptly comply with all laws applicable to the <br />Mortgaged Property, and all covenants, restrictions, conditions and requirements now or <br />hereafter of record or which otherwise may be applicable to any of the Mortgaged Property, or to <br />the use, manner of use, occupancy, possession, operation, maintenance, alteration, repair or <br />reconstruction of any of the Mortgaged Property, except where a failure to do so could not <br />reasonably be expected to have a Material Adverse Effect on (i) the current business, operations <br />or condition (financial or otherwise) of the Mortgagor, (ii) the current use of the Mortgaged <br />Property or (iii) the value of the Mortgaged Property (assuming its current use). Mortgagor shall <br />not commit, nor permit or suffer to occur, any material waste with respect to the Mortgaged <br />Property. <br />4. Pa ment of Taxes and Other Im ositions <br />(a) Promptly when due and in any event prior to the date on which any fine, <br />penalty, interest or cost may be added thereto or imposed, Mortgagor shall pay and discharge all <br />taxes, charges and assessments of every kind and nature, al] charges for any easement or <br />agreement maintained for the benefit of any of the Mortgaged Property, all general and special <br />assessments, levies, permits, inspection and license fees, all water and sewer rents and charges, <br />vault taxes and all other public charges even if unforeseen or extraordinary, imposed upon or <br />assessed against or which may become a lien on any of the Mortgaged Property, or arising in <br />respect of the occupancy, use, operation or possession thereof, together with any penalties or <br />interest on any of the foregoing (all of the foregoing are collectively referred to herein as the <br />"Im ositions") except where (A) the validity or amount thereof is being contested in good faith <br />by appropriate proceedings and in accardance with the provisions of the Credit Agreements, and <br />that non-payment thereof will not result in forfeiture, sale, loss or diminution of any interest of <br />Mortgagor (or Agent) in the Mortgaged Property, and (B) the Mortgagor has set aside on its <br />books adequate reserves with respect thereto in accordance with GAAP, which reserves shall <br />include reasonable additional sums to cover possible interest, costs and penalties; provided, <br />however, that Mortgagor shall promptly cause to be paid arty amount adjudged by a court of <br />competent jurisdiction to be due, with all interest, costs and penalties thereon, promptly after <br />such judgment becomes final (and, subject to Agent's rights and remedies during an Event of <br />Default and any provisions set forth in the Credit Agreements to the contrary, Agent shall make <br />any sum deposited in such reserve available for such payment; and provided, further, that, in all <br />events, Impositions, interest, costs and penalties shall be paid prior to the date any writ or order <br />is issued under which the Mortgaged Property may be sold, lost or forfeited. Upon request by <br />Agent, Mortgagor shall deliver to Agent evidence reasonably acceptable to Agent showing the <br />payment of any such Imposition made by Mortgagor. If by law any Imposition, at Mortgagor's <br />option, may without penalty or premium be paid in installments (whether or not interest shall <br />accrue on the unpaid balance of such Imposition), Mortgagor may elect to pay such Imposition in <br />S <br />UBD/l907386.1 <br />