Compliance with Operative Agreements. The Borrower shall at all times (a) observe and perform all of the covenants, conditions and obligations required to be performed by it (whether in its capacity as the Lessor, the Owner Trustee or otherwise) under each Operative Agreement to which it is a party and (b) observe and perform, or cause to be observed and performed, all of the covenants, conditions and obligations of the Lessor under the Lease, even in the event that the Lease is terminated at stated expiration following a Lease Event of Default or otherwise.
Compliance with Operative Agreements. Prior to the Effective Time for a Transferred Interest, Assignee will have complied with and satisfied all of the conditions, requirements and other obligations imposed on Assignee pursuant to each of the Leases, Trust Agreements and other Operative Agreements which have not been waived by the party entitled to require compliance with such conditions, requirements or other obligations in order to effect a permitted binding transfer of the Transferred Interests to Assignee.
Compliance with Operative Agreements. It shall at all times observe and perform all of the covenants, conditions and obligations required to be performed by it under each Operative Agreement to which it is a party.
Compliance with Operative Agreements. The Borrower shall at all times observe and perform all of the covenants, conditions and obligations required to be performed by it (whether in its capacity as the Lessor, the Owner Trustee or otherwise) under each Operative Agreement to which it is a party.
Compliance with Operative Agreements. 17 5.5. Further Assurances.......................................17 5.6. Notices..................................................17 5.7. Discharge of Liens.......................................17 5.8. Trust Agreement..........................................18
Compliance with Operative Agreements. Lessor hereby covenants and agrees that it shall perform its obligations under the Operative Agreements including the Lease provided that Lessor shall have no liability whatsoever to Lessee for any failure to perform such obligations in circumstances where (i) Lessee shall have failed to perform any corresponding obligations under the Lease or (ii) such failure shall result, whether directly or indirectly, from a failure by Lessee to perform any express and specific obligations under the Lease or from the occurrence of a Default or an Event of Default.
Compliance with Operative Agreements. The Owner Trustee shall at all times observe and perform all of the covenants, conditions and obligations required to be performed by it under each Operative Agreement to which it is a party.
Compliance with Operative Agreements. The Borrower shall at all times (a) observe and perform all of the covenants, conditions and obligations required to be performed by it under each Operative Agreement to which it is a party and (b) observe and perform, or cause to be observed and performed, (i) all of the covenants, conditions and obligations of the Lessee under the Lease, even in the event the Lease is terminated at its stated expiration, following a Lease Event of Default or otherwise and (ii) all of the covenants, conditions and obligations of the Construction Agent relating to the construction of the Improvements under the Construction Agency Agreement.
Compliance with Operative Agreements. The Lessor shall at all times observe and perform all of the covenants, conditions and obligations required to be performed by it under each Operative Agreement to which it is a party.
Compliance with Operative Agreements. Transferor has fully performed all of its obligations under the Participation Agreement and under each other Operative Agreement which obligations by their terms are required to be satisfied or performed prior to the Effective Time or prior to the consummation of the Transactions.
