Common use of Business and Operations Clause in Contracts

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 the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual Property. Each Individual Borrower shall at all times during the term of the Loan, continue to own all of the Personal Property which are necessary to operate its Individual Property in the manner required hereunder and in the manner in which it is currently operated.

Business and Operations. Each Individual 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. Each Individual Borrower will shall qualify to do business and will shall remain in good standing under in the laws of jurisdiction in which each Individual Property is located and the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual Propertyformation. Each Individual Borrower shall at all times during the term of the Loan, continue to own all of the Equipment, Fixtures and Personal Property which (together with any equipment, fixtures and personal property owned by tenants or third parties) are necessary to operate its each Individual Property in the manner required hereunder and in substantially the same manner in which it is currently operated.

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 the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual the Property. Each Individual Borrower shall at all times during the term of the Loan, continue to own and/or maintain all of the Equipment, Fixtures and Personal Property which are necessary to operate its Individual the Property in the manner required hereunder and in the manner in which it is currently operated.

Business and Operations. Each Individual Borrower will continue to engage in the businesses presently conducted by it as of the date of this Agreement taking into account the Transaction 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 the jurisdiction of its formation and of each other jurisdiction as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual the Property. Each Individual Borrower shall at all times during the term of the Loan, continue to own all of the Equipment, Fixtures and Personal Property which are necessary to operate its Individual the Property in the manner required hereunder and in substantially the same manner in which it is currently operated.

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

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

Business and Operations. Each Individual 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. Each Individual Borrower will shall qualify to do business and will shall remain in good standing under in the laws of jurisdiction in which each Individual Property is located and the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual Propertyformation. Each Individual Borrower shall at all times during the term of the Loan, continue to own all of the Equipment, Fixtures and Personal Property which (together with any equipment, fixtures and personal property owned by tenants or third parties or the Association pursuant to the Condominium Documents) are necessary to operate its each Individual Property in the manner required hereunder and in substantially the same manner in which it is currently operated.

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 the jurisdiction of its formation as and to the extent the same are required for the ownership, maintenance, management and operation of its Individual Property. Each Individual Borrower shall at all times during the term of the Loan, continue to own all of the Equipment, Fixtures and Personal Property which are necessary to operate its Individual Property in the manner required hereunder and in the manner in which it is currently operated.