COVENANTS OF THE OPERATOR. 6.1 (a) Operator will:
COVENANTS OF THE OPERATOR. During the Option Period, the Operator will:
COVENANTS OF THE OPERATOR a. The Operator covenants with the City to manage the Premises and, in exchange for the use of the Premises, agrees that it shall provide the services cited in Section 2 above. The Operator shall commit no waste upon the Premises nor suffer the same to be committed thereon, nor injure nor misuse the same. The Operator shall not assign this Agreement nor sublicense the use of the Premises or any part thereof, nor make alterations therein, or use the same for any purpose but that hereinbefore authorize, without prior written approval from the City’s Director of Operations, but will deliver up the same at the expiration or sooner termination of this Agreement in as good a condition as it is now, ordinary wear and tear excepted.
COVENANTS OF THE OPERATOR. 6.1 Operator shall (1) not commit waste or permit impairment or deterioration of the Collateral Property, (2) not abandon the Collateral Property, (3) restore or repair or cause to be restored or repaired promptly, in a good and workmanlike manner, any damaged part of the Collateral Property to the equivalent of its original condition, or such other condition as Lender may approve in writing, whether or not Insurance Proceeds or condemnation awards are available to cover any costs of such restoration or repair, (4) keep or caused to be kept the Collateral Property in good repair, including the replacement of Personalty and Fixtures with items of equal or better function and quality, and (5) give notice to Lender of and, unless otherwise directed in writing by Lender, shall appear in and defend any action or proceeding purporting to affect the Collateral Property, Lender's security or Lender's rights under this Agreement. Operator shall not (and shall not permit any tenant or other person to) remove, demolish or alter, other than in a commercially reasonable manner or in the ordinary course of business, the Collateral Property or any part of the Collateral Property except in connection with the replacement of tangible Personalty.
COVENANTS OF THE OPERATOR
