Common use of Business and Operations Clause in Contracts

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 77 contracts

Samples: Loan Agreement, Loan Agreement (Terra Tech Corp.), Loan Agreement (Terra Tech Corp.)

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Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 29 contracts

Samples: Loan Agreement (Silver Star Properties Reit, Inc), Junior Loan Agreement (Silver Star Properties Reit, Inc), Loan Agreement

Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of the State and each other applicable jurisdiction in which the Property is located, in each case, as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 19 contracts

Samples: Loan Agreement (SITE Centers Corp.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Cedar Realty Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 19 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Global Medical REIT Inc.), Loan Agreement (Global Medical REIT Inc.)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing under the laws of each jurisdiction the State in which the Property is located and as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 14 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 9 contracts

Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Orchard Supply Hardware Stores Corp)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing under in the laws jurisdiction in which the Property is located and the jurisdiction of each jurisdiction as and to its formation. Borrower shall at all times during the extent the same are required for the ownership, maintenance, management and operation term of the PropertyLoan, continue to own all of Equipment, Fixtures and Personal Property which are necessary to operate the Property in the manner required hereunder and in the manner in which it is currently operated.

Appears in 8 contracts

Samples: Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund V, LLC), Commercial Loan Agreement (Red Oak Capital Fund IV, LLC)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperty or ownership and management of an interest in Borrower (as applicable).

Appears in 8 contracts

Samples: Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.), Loan Agreement (FTE Networks, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times during the term of the Loan, continue to own all of Equipment, Fixtures and Personal Property which are necessary to operate the Property in the manner required hereunder and in the manner in which it is currently operated.

Appears in 7 contracts

Samples: Loan Agreement (Amerco /Nv/), Loan Agreement (TNP Strategic Retail Trust, Inc.), Loan Agreement (TNP Strategic Retail Trust, Inc.)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Individual Property. Borrower will shall qualify to do business and will shall remain in good standing under in the laws jurisdiction in which each Individual Property is located and the jurisdiction of each jurisdiction as and to its formation. Borrower shall at all times during the extent the same are required for the ownership, maintenance, management and operation term of the PropertyLoan, continue to own all of Equipment, Fixtures and Personal Property which are necessary to operate each Individual Property in the manner required hereunder and in the manner in which it is currently operated.

Appears in 7 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 5 contracts

Samples: Loan Agreement (reAlpha Tech Corp.), Loan Agreement (Piedmont Office Realty Trust, Inc.), Loan Agreement (Republic Property Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the its Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the its Property.

Appears in 5 contracts

Samples: Loan Agreement (Servico Market Center Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management operation and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management operation and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as cold and/or dry storage warehouse facilities and uses incidental thereto.

Appears in 5 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the use, ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing under the laws of each jurisdiction the State in which the Property is located and as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 4 contracts

Samples: Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Strategic Hotels & Resorts, Inc), Loan and Security Agreement (Morgans Hotel Group Co.)

Business and Operations. Borrower will continue to engage ----------------------- in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the its ownership, maintenance, management and operation of the PropertyProperties.

Appears in 4 contracts

Samples: Loan Agreement (Capital Automotive Reit), Loan Agreement (Capital Automotive Reit), Loan Agreement (Capital Automotive Reit)

Business and Operations. Borrower Borrowers will continue to engage in the businesses presently conducted by it Borrowers as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties or the IP. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties or the IP.

Appears in 4 contracts

Samples: Loan Agreement (Bref Hr, LLC), Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Hard Rock Hotel Holdings, LLC)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as the state in which the real property comprising the Property is located and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 4 contracts

Samples: Loan Agreement (Alexanders Inc), Loan Agreement (Alexanders Inc), Loan Agreement (Urban Edge Properties)

Business and Operations. Borrower will continue to engage in the businesses its business as presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Propertyconducted. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times during the term of the Loan, continue to own the Personal Property that it owns as of the date hereof, if any, which are necessary to operate the Property in the manner required hereunder and in the manner in which it is currently operated.

Appears in 4 contracts

Samples: Loan Agreement (Rodin Global Property Trust, Inc.), Loan Agreement (Rodin Global Property Trust, Inc.), Loan Agreement (Rodin Global Property Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 4 contracts

Samples: Loan Agreement (American Financial Realty Trust), Loan Agreement (Prime Group Realty Trust), Loan Agreement (Glimcher Realty Trust)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing under the laws of each jurisdiction the State in which the Property is located as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 4 contracts

Samples: Loan and Security Agreement (Toys R Us Inc), Loan and Security Agreement (Station Casinos Inc), Loan and Security Agreement (Toys R Us Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, development, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 3 contracts

Samples: Loan Agreement (Caesars Acquisition Co), Loan Agreement (Harrahs Entertainment Inc), Loan Agreement (Bh Re LLC)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times during the term of the Loan, continue to own the Personal Property which are necessary to operate the Property in the manner required hereunder and in the manner in which it is currently operated.

Appears in 3 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 3 contracts

Samples: Loan Agreement (Reading International Inc), Loan Agreement (Eldorado Resorts, Inc.), Loan Agreement (Wyndham International Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as a regional shopping center.

Appears in 3 contracts

Samples: Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust), Loan Agreement (Glimcher Realty Trust)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing under the laws of the State in which each jurisdiction parcel of the Property is located and as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 3 contracts

Samples: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust), Loan and Security Agreement (American Financial Realty Trust)

Business and Operations. Borrower Borrowers will continue to engage in the businesses presently conducted by it them as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 3 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property, and Borrower shall not change the use of the Property from the use of the Property existing as of the Closing Date. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 3 contracts

Samples: Loan Agreement (NOVONIX LTD), Loan Agreement (NOVONIX LTD), Loan Agreement (Medalist Diversified REIT, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it in all material respects as and to the extent the same are reasonably necessary in Borrower’s commercially reasonable judgment for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 3 contracts

Samples: Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (Clipper Realty Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it it, including as and to the extent the same are necessary for the ownership, operation, maintenance, repair, improvement, development, sale, management and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower shall at all times cause the Property to be maintained as office, ground floor retail and other appurtenant uses.

Appears in 2 contracts

Samples: Senior Loan Agreement (Pacific Oak Strategic Opportunity REIT, Inc.), Senior Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Business and Operations. Borrower will continue (and cause Owner to continue) to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Individual Property. Borrower will, and will cause Owner to, qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of each Individual Property and the PropertyCollateral.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (W2007 Grace Acquisition I Inc), Mezzanine Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property, and shall continue to operate the Property for such purposes. Borrower will qualify to do business and will remain in good standing under the laws Laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (AmREIT, Inc.), Loan Agreement (Cole Credit Property Trust Iv, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as an office property with related ancillary uses.

Appears in 2 contracts

Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Loan Agreement (Trizec Properties Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Individual Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the each Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, leasing, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of the State and each other applicable jurisdiction in which the Property is located, in each case, as and to the extent the same are required for the ownership, maintenance, leasing, management and operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Realty Capital New York City REIT, Inc.)

Business and Operations. Each Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperty or Properties owned by such Borrower. Each Borrower will qualify to do business business, and will remain in good standing standing, under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperty or Properties owned by such Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust Inc), Loan Agreement (Cole Credit Property Trust III, Inc.)

Business and Operations. Each Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Individual Property. Each Borrower will qualify to do business and will remain in good standing under the laws of the State and each other applicable jurisdiction in which each applicable Individual Property is located, in each case, as and to the extent the same are required for the ownership, maintenance, management and operation by Borrower of the such Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Istar Inc.), Loan Agreement (Safety, Income & Growth, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower shall at all times cause the Property to be maintained as an office property with a restaurant on the first floor and other uses ancillary to such uses.

Appears in 2 contracts

Samples: Loan Agreement (Black Creek Diversified Property Fund Inc.), Loan Agreement (Black Creek Diversified Property Fund Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as a commercial retail shopping center.

Appears in 2 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital Trust III, Inc.), Loan Agreement (Strategic Storage Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower Each Owner will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Banyan Strategic Realty Trust), Loan Agreement (Banyan Strategic Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of (a) the State and (b) each other jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 2 contracts

Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall not acquire any real property other than the Property.

Appears in 2 contracts

Samples: Building Loan Agreement (ACRES Commercial Realty Corp.), Loan Agreement (Medical Billing Assistance, Inc.)

Business and Operations. Each Individual Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Each Individual Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 2 contracts

Samples: Loan Agreement (Innkeepers Usa Trust/Fl), Loan Agreement (Innkeepers Usa Trust/Fl)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as a first class office building.

Appears in 2 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc)

Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, leasing, management and operation of the each Individual Property. Borrower will qualify to do business and will remain in good standing under the laws of the State and each other applicable jurisdiction in which each Individual Property is located, in each case, as and to the extent the same are required for the ownership, maintenance, leasing, management and operation of the each Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (American Finance Trust, Inc), Loan Agreement (American Finance Trust, Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower shall at all times cause the Property to be maintained as an office building.

Appears in 2 contracts

Samples: Loan and Security Agreement (NNN 2003 Value Fund LLC), Loan and Security Agreement (NNN 2003 Value Fund LLC)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyIndividual Properties. Each Individual Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Propertyrelated Individual Properties. Borrower shall at all times cause the Individual Properties to be maintained as first class full service hotels.

Appears in 2 contracts

Samples: Loan Agreement (Host Marriott Corp/), Loan Agreement (Host Marriott L P)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperty unless such failure to so qualify could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties. To the extent that a Single Tenant Lease does not exist with respect to any Individual Property (or any portion thereof), Borrower will engage in the businesses needed to be conducted by it to the extent that the same are necessary for the maintenance, management and operation of the Properties.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Spirit Realty Capital, Inc.)

Business and Operations. Each Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the its Individual Property. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the its Individual Property.

Appears in 2 contracts

Samples: Loan Agreement (Lodgian Inc), Loan Agreement (Servico Market Center Inc)

Business and Operations. Each Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperty owned by such Borrower. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperty owned by such Borrower.

Appears in 2 contracts

Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times cause the Property to be maintained as an office building.

Appears in 2 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Loan Agreement (Consolidated Tomoka Land Co)

Business and Operations. Borrower will continue to engage in the businesses business presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Propertyit. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation conduct of the Propertyits business.

Appears in 1 contract

Samples: Loan Agreement (Prime Group Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction the jurisdictions where the Properties are located as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (American Financial Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as an office building with related retail facilities and other amenities.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Business and Operations. Each Individual Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Each Individual Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyHomes, the Home Leases and the Lease Services Agreement. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyHomes and the Home Leases and the Lease Services Agreement.

Appears in 1 contract

Samples: Loan Agreement (Manufactured Housing Properties Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause each Individual Property to be maintained as an industrial business park.

Appears in 1 contract

Samples: Loan Agreement (Ps Business Parks Inc/Ca)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in, and cause Operating Lessee to remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Inland American Real Estate Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall keep and maintain all Licenses necessary for the operation of the Property and each portion thereof for its intended uses and otherwise as a commercial office building.

Appears in 1 contract

Samples: Building Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

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Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyMortgaged Properties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyMortgaged Properties.

Appears in 1 contract

Samples: Loan Agreement (Entertainment Properties Trust)

Business and Operations. Borrower will shall continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower and Operating Tenant will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower and Operating Tenant shall at all times cause the Property to be maintained as a hotel.

Appears in 1 contract

Samples: Loan Agreement (Ashford Hospitality Trust Inc)

Business and Operations. Borrower Borrowers will continue to engage in the businesses presently now conducted by it them as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower Borrowers will qualify to do business and will remain in good standing under the laws of each jurisdiction the State where the Property owned by it is located as and to the extent the same are is required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the 38 extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify remain qualified to do business business, and will remain in good standing standing, under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)

Business and Operations. Each Individual Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyIndividual Property owned by such Individual Borrower. Each Individual Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyIndividual Property owned by such Individual Borrower.

Appears in 1 contract

Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it it, as and to the extent the same are necessary for the ownership, operation, maintenance, repair, improvement, development, sale, management and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation ownership of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, ownership of the Property or in the event the Ground Lease is terminated the maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Washington Prime Group, L.P.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Propertyeach Property or ownership and management of an interest in Borrower (as applicable).

Appears in 1 contract

Samples: Loan Agreement (Assisted 4 Living, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for its ownership of the ownership, Property and the maintenance, management and operation of the PropertyProperty as currently conducted by Borrower. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction the State as and to the extent the same are required for its ownership of the ownership, Property and the maintenance, management and operation of the PropertyProperty as currently conducted by Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Alexanders Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are reasonably necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained for office and telecommunication (with co-location facilities) purposes and other appurtenant and related uses.

Appears in 1 contract

Samples: Loan Agreement (Digital Realty Trust, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it them as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Individual Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Individual Property. Borrower shall at all times cause the Individual Property to be maintained as an office building.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times cause the Property to be maintained as a shopping center.

Appears in 1 contract

Samples: Loan Agreement (American Realty Capital - Retail Centers of America, Inc.)

Business and Operations. Borrower Borrowers will continue to engage in the businesses presently currently conducted by it them as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyIndividual Properties. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Individual Property. Borrowers shall at all times cause each Individual Property to be maintained as an office building.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses business presently conducted by it as and to the extent the same are is necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction of its formation and of the State as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Business and Operations. For so long as Borrower owns the Property, Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Business and Operations. Borrower will continue to engage in the ----------------------- businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of each of the PropertyProperties. Borrower and its general partner will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of each of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Prentiss Properties Trust/Md)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management management, development, construction, sale and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (First Capital Real Estate Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, leasing, management and operation of the PropertyProperties. Each Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction in which the Individual Property it owns is located as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyIndividual Property that it owns.

Appears in 1 contract

Samples: Loan Agreement (Orion Office REIT Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times cause the Property to be maintained as an office building and research and development facilities as currently used (or reasonably related thereto).

Appears in 1 contract

Samples: Loan Agreement (Ionis Pharmaceuticals Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyIndividual Properties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the Propertyrelated Individual Properties. Borrower shall at all times cause the Individual Properties to be maintained as first class full service hotels.

Appears in 1 contract

Samples: Loan Agreement (Hilton Hotels Corp)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyProperties by Owner. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the PropertyProperties.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Capitalsource Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it Borrower as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall timely perform all material obligations under all material contracts to which it is a party.

Appears in 1 contract

Samples: Loan Agreement (Hard Rock Hotel Holdings, LLC)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will shall qualify to do business and will shall remain in good standing subject to the terms hereof under the laws of each jurisdiction the State in which the Property is located as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan and Security Agreement (Bloomin' Brands, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall at all times cause the Property to be maintained as a hotel (subject to the provisions of this Agreement).

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Business and Operations. Each Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the its Property. Each Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the its Property.

Appears in 1 contract

Samples: Loan Agreement (Maguire Properties Inc)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Property to be maintained as an office building.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Reit I Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of each of the PropertyProperties. Borrower will 49 qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of each of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Ramco Gershenson Properties Trust)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyProperties by Borrower. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Capitalsource Inc)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the each Individual Property, and shall continue to operate each Individual Property for such purposes. Borrower will qualify to do business and will remain in good standing under the laws Laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the each Individual Property.

Appears in 1 contract

Samples: Loan Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of each of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of each of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Malan Realty Investors Inc)

Business and Operations. Each Borrower will continue to engage in the businesses presently now conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Each Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Property. Borrower shall at all times cause the Operating Company to maintain each Individual Property as a KinderCare child care center.

Appears in 1 contract

Samples: Loan Agreement (Kindercare Learning Centers Inc /De)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property. Borrower shall keep and maintain all Licenses necessary for the operation of the Property and each portion thereof for its intended uses and otherwise as a select service hotel.

Appears in 1 contract

Samples: Loan Agreement (Lightstone Value Plus Real Estate Investment Trust V, Inc.)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the PropertyProperties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Netreit, Inc.)

Business and Operations. Borrower will shall continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of each of the PropertyProperties. Borrower will shall qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of each of the PropertyProperties.

Appears in 1 contract

Samples: Loan Agreement (Capstar Hotel Co)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. Borrower will qualify to do business and will remain in good standing under the laws of each the jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the PropertyProperty to the extent necessary to avoid a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Pebblebrook Hotel Trust)

Business and Operations. Borrower will continue to engage in the businesses presently currently conducted by it them as and to the extent the same are necessary for the ownership, maintenance, management ownership and operation leasing of the PropertyIndividual Properties. Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management ownership and operation leasing of the related Individual Property. Borrower shall at all times cause each Individual Property to be maintained as an office building.

Appears in 1 contract

Samples: Loan Agreement (Wells Real Estate Investment Trust Inc)

Business and Operations. Borrower will continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property. , Borrower will qualify to do business and will remain in good standing under the laws of each jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of the Property.. 45

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

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