Care of Property. (a) Grantor shall preserve and maintain the Property in good condition and repair, ordinary wear and tear excepted. Grantor shall not permit, commit or suffer any material waste, impairment or deterioration of the Property or of any part thereof, and will not take any action which will materially increase the risk of fire or other hazard to the Property or to any part thereof. (b) Grantor will not, without the prior written consent of Collateral Agent, (i) remove from the Premises any fixtures or personal property covered by this Deed of Trust which materially impairs the value of the Property or (ii) make any structural alteration to the Premises or any other alteration thereto which materially impairs the value thereof. (c) Collateral Agent may enter upon and inspect the Premises at any reasonable time during the life of this Deed of Trust and upon reasonable prior notice.
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Samples: Leasehold Deed of Trust (Golfsmith International Holdings Inc), Leasehold Deed of Trust (Golfsmith International Holdings Inc), Leasehold Deed of Trust (Golfsmith International Holdings Inc)
Care of Property. (a) Grantor shall preserve and maintain the Property in good condition and repair, ordinary wear and tear excepted. Grantor shall not permit, commit or suffer any material waste, impairment or deterioration of the Property or of any part thereof, and will not take any action which will materially increase the risk of fire or other hazard to the Property or to any part thereof.
(b) Grantor will not, without the prior written consent of Collateral AgentIndenture Trustee, (i) remove from the Premises Property any fixtures or personal property covered by this Deed of Trust which materially impairs the value of the Property or (ii) make any structural alteration to the Premises Property or any other alteration thereto which materially impairs the value thereof.
(c) Collateral Agent Indenture Trustee may enter upon and inspect the Premises Property at any reasonable time during the life of this Deed of Trust and upon reasonable prior notice.
Appears in 1 contract
Samples: Deed of Trust (Golfsmith International Holdings Inc)
Care of Property. (a) Grantor shall preserve and maintain the Property in good condition and repair, ordinary wear and tear excepted. Grantor shall not permit, commit or suffer any material waste, impairment or deterioration of the Property or of any part thereof, and will not take any action which will materially increase the risk of fire or other hazard to the Property or to any part thereof.
(b) Grantor will not, without the prior written consent of Collateral Agent, (i) remove from the Premises any fixtures or personal property covered by this Deed of Trust Mortgage which materially impairs the value of the Property Property, or (ii) make any structural alteration to the Premises or any other alteration thereto which materially impairs the value thereof.
(c) Collateral Agent may enter upon and inspect the Premises at any reasonable time during the life of this Deed of Trust Mortgage and upon reasonable prior notice.
Appears in 1 contract
Samples: Leasehold Mortgage (Golfsmith International Holdings Inc)