Common use of Contracts and Franchises Clause in Contracts

Contracts and Franchises. All contracts and franchises necessary for the conduct of the Borrower’s business and for the operation of the Real Property in accordance with good commercial practice are in force.

Appears in 5 contracts

Samples: RREEF Property Trust, Inc., GTJ Reit, Inc., Security Agreement (NNN Apartment REIT, Inc.)

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Contracts and Franchises. All To the best of the Borrower’s knowledge, all contracts and franchises necessary for the conduct of the Borrower’s business and for the operation of the Real Property in accordance with good commercial practice are in force.

Appears in 5 contracts

Samples: Credit Agreement, United Investors Income Properties, Consolidated Capital Growth Fund

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