Common use of Condition of Personal or Movable Property Clause in Contracts

Condition of Personal or Movable Property. The equipment, inventory, ------------------------------------------ improvements, fixtures, goods and other tangible personal/movable property forming a part of the Property are and will remain (and with respect to Property not operated by Mortgagor, to the best of Mortgagor's knowledge, such equipment, inventory, fixtures, goods and other tangible personal/movable property are and will remain) in good repair and condition and are and will be adequate for the normal operation of the Property in accordance with prudent industry standards; all of such Property is, and will remain, located on the Mortgaged Properties, except for that portion thereof which is or shall be located elsewhere (including that usually located on the Mortgaged Properties but temporarily located elsewhere) in the course of the normal operation of the Property, or which is hereafter sold or otherwise disposed of as permitted under the Credit Agreement.

Condition of Personal or Movable Property. The equipment, inventory, ------------------------------------------ improvements, fixtures, goods and other tangible personal/movable property forming a part of the Property are and will remain (and with respect to Property not operated by Mortgagor, to the best of Mortgagor's ’s knowledge, such equipment, inventory, fixtures, goods and other tangible personal/movable property are and will remain) in good repair and condition and are and will be adequate for the normal operation of the Property in accordance with prudent industry standards; all of such Property is, and will remain, located on the Mortgaged Properties, except for that portion thereof which is or shall be located elsewhere (including that usually located on the Mortgaged Properties but temporarily located elsewhere) in the course of the normal operation of the Property, or which is hereafter sold or otherwise disposed of as permitted under the Credit Agreement.