Common use of Compliance with Legal/Insurance Requirements, Etc Clause in Contracts

Compliance with Legal/Insurance Requirements, Etc. Subject to the provisions of Article 9, Lessee, at its sole expense, shall (i) comply with all Legal Requirements and Insurance Requirements, and with all reasonable requirements of Secured Loan Documents which do not materially impair Lessee’s operations or cause Lessee to incur any substantial expense, in respect of the use, operation, maintenance, repair, alteration and restoration of the Personal Property, (ii) comply with all Permitted Encumbrances; and (iii) comply with all appropriate licenses, and other authorizations and agreements (including the VANOC Agreement) required for, or in respect of, any use of the Personal Property, if any, then being made and which are material to the use and operation of the Cypress Premises, and for the proper operation and maintenance of the Personal Property thereon. Notwithstanding the foregoing, the Lessee will have no obligation to comply, or liability for non-compliance, if such non-compliance is a result of the Lessor exercising its discretion not to consent, to the detriment of the Lessee, to a course of action by the Lessee as requested by the Lessee pursuant to the terms of this Lease.

Appears in 3 contracts

Samples: Personal Property Lease Agreement, Personal Property Lease Agreement (CNL Lifestyle Properties Inc), Personal Property Lease Agreement (CNL Income Properties Inc)

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Compliance with Legal/Insurance Requirements, Etc. Subject to the provisions of Article 98, LesseeTenant, at its sole expense, shall (i) comply with all Legal Requirements and Insurance Requirements, and with all reasonable requirements of Secured Loan Documents which do not materially impair LesseeTenant’s operations or cause Lessee Tenant to incur any substantial expense, in respect of the use, operation, maintenance, repair, alteration and restoration of the Personal Leased Property, (ii) comply with all Permitted Encumbrances; and (iii) comply with all appropriate licenses, and other authorizations and agreements (including the VANOC Agreement) required for, or in respect of, any use of the Personal Leased Property, if any, then being made and which are material to the use and operation of the Cypress PremisesLeased Property, and for the proper operation and maintenance of the Personal Leased Property thereonand each part thereof. Notwithstanding the foregoing, the Lessee Tenant will have no obligation to comply, or liability for non-compliance, if such non-compliance is a result of the Lessor Landlord exercising its discretion not to consent, to the detriment of the LesseeTenant, to a course of action by the Lessee Tenant as requested by the Lessee Tenant pursuant to the terms of this Lease.

Appears in 3 contracts

Samples: Sub Permit and Lease Agreement, Sub Permit and Lease Agreement (CNL Lifestyle Properties Inc), Sub Permit and Lease Agreement (CNL Income Properties Inc)

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Compliance with Legal/Insurance Requirements, Etc. Subject to the provisions of Article 98, LesseeTenant, at its sole expense, shall (i) comply with all Legal Requirements and Insurance Requirements, and with all reasonable requirements of Secured Loan Documents which do not materially impair LesseeTenant’s operations or cause Lessee Tenant to incur any substantial expense, in respect of the use, operation, maintenance, repair, alteration and restoration of the Personal Leased Property, (ii) comply with all Permitted Encumbrances; and (iii) comply with all appropriate licenses, and other authorizations and agreements (including the VANOC Agreement) required for, or in respect of, any use of the Personal Leased Property, if any, then being made and which are material to the use and operation of the Cypress PremisesLeased Property, and for the proper operation and maintenance of the Personal Leased Property thereonand each part thereof. Notwithstanding the foregoing, the Lessee Tenant will have no obligation to comply, or liability for non-compliance, if such non-compliance is a result of the Lessor Landlord exercising its discretion not to consent, to the detriment of the LesseeTenant, to a course of action by the Lessee Tenant as requested by the Lessee Tenant pursuant to the terms of this Lease.

Appears in 1 contract

Samples: Sublease Agreement (CNL Income Properties Inc)

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