Common use of Existence; Compliance with Legal Requirements; Insurance Clause in Contracts

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, and comply, in all material respects, with all Legal Requirements applicable to it and the Properties. There shall never be committed by Borrower, nor shall Borrower suffer or permit any other Person in occupancy of or involved with the operation or use of the Properties to do, any act or omission affording the Federal government or any State or local government the right of forfeiture as against any Individual Property or any part thereof or any monies paid in performance of Borrower's obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, at all times, maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall keep the Properties in good working order and repair, and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements thereto, all as more fully provided in this Agreement and the Security Instruments. Borrower shall keep the Properties insured at all times by financially sound and reputable insurers, to such extent and against such risks, and maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, and comply, in all material respects, with all Legal Requirements applicable to it and the Properties. There shall never be committed by Borrower, nor shall Borrower suffer or permit any other Person in occupancy of or involved with the operation or use of the Properties to do, any act or omission affording the Federal government or any State or local government the right of forfeiture as against any Individual Property or any part thereof or any monies paid in performance of Borrower's ’s obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, at all times, maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall keep the Properties in good working order and repair, and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements thereto, all as more fully provided in this Agreement and the Security Instruments. Borrower shall keep the Properties insured at all times by financially sound and reputable insurers, to such extent and against such risks, and maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, franchises and comply, in all material respects, comply with all Legal Requirements applicable to it and the PropertiesProperty (other than rights, licenses, permits and franchises that could not reasonably be expected to result in a Material Adverse Effect). There Except where failure to comply could not reasonably be expected to have a Material Adverse Effect, there shall never be committed by Borrower, nor shall or on behalf of Borrower suffer or permit any other Person in occupancy of or involved with the operation or use of the Properties to do, any act or omission affording the Federal federal government or any State state or local government the right of forfeiture as against any Individual the Property or any part thereof or any monies paid in performance of Borrower's obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, shall at all times, times maintain, preserve and protect all franchises the Property in accordance with the standards for operating similar buildings, similarly situated, ordinary wear and trade names tear and preserve all the remainder occurrence of its property used any casualty or useful in the conduct of its business and shall keep the Properties in good working order and repair, condemnation excepted and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements theretothereto (other than repairs, renewals, replacements, betterments or improvements that could not reasonably be expected to result in a Material Adverse Effect), all as more fully provided in this Agreement and the Security InstrumentsMortgage. Borrower shall keep the Properties Property insured at all times by financially sound and reputable insurers, to such extent and against such risks, and maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, and comply, in all material respects, franchises necessary to comply with all Legal Requirements applicable to it and the PropertiesProperty. Borrower and the Property shall at all times during the term of the Loan comply with all applicable Legal Requirements. There shall never be committed by Borrower, nor and Borrower shall Borrower suffer or not knowingly permit any other Person in occupancy of or involved with the operation or use of the Properties Property to docommit, any act or omission affording the Federal federal government or any State state or local government the right of forfeiture as against any Individual the Property or any part thereof or any monies paid in performance of Borrower's ’s obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, knowingly permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, shall at all times, times maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall keep the Properties Property in good working order and repair, and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements thereto, all as more fully provided in this Agreement and the Security InstrumentsMortgage. Borrower shall keep the Properties Property insured at all times by financially sound and reputable insurers, to such extent and against such risks, and maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, franchises and comply, in all material respects, comply with all Legal Requirements applicable to it and the PropertiesProperty. There shall never be committed by Borrower, nor shall Borrower suffer or permit any other Person person in occupancy of or involved with the operation or use of the Properties to do, Property any act or omission affording the Federal federal government or any State state or local government the right of forfeiture as against any Individual the Property or any part thereof or any monies paid in performance of Borrower's obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, shall at all times, times maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall keep the Properties Property in good working order and repair, and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements thereto, all as more fully provided in this Agreement and the Security InstrumentsMortgage. Borrower shall keep the Properties Property insured at all times by financially sound and reputable insurers, to such extent and against such risks, and maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.

Existence; Compliance with Legal Requirements; Insurance. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence, rights, licenses, permits and franchises, franchises and comply, in all material respectsor cause applicable tenants to comply, with all Legal Requirements applicable to it and the Individual Properties. There shall never be committed by Borrower (or any other Obligor) and, if known to Borrower, nor Borrower shall Borrower not suffer or permit to be committed by any other Person in occupancy of or involved with the operation or use of any of the Properties to doIndividual Properties, any act or omission affording the Federal federal government or any State state or local government the right of forfeiture as against any Individual Property or any part thereof or any monies paid in performance of Borrower's obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, Obligors shall at all times, times maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall, or shall cause the tenants under Qualified Leases to, keep the Individual Properties in good working order and repair, and from time to time make, or cause to be made, all reasonably necessary repairs, renewals, replacements, betterments and improvements thereto, subject to the terms of any applicable Qualified Lease, all as more fully provided in this Agreement and the Security Instrumentsany applicable mortgage. Borrower shall, or shall cause the applicable tenant under Qualified Leases to, keep the Properties each Individual Property insured at all times by financially sound and reputable insurers, to such extent and against such risks, and Borrower shall, or shall cause the applicable tenant under a Qualified Lease to, maintain liability and such other insurance, as is more fully provided in this Agreement. Borrower shall operate any Individual Property that is the subject of any O&M Program in accordance with the terms and provisions thereof in all material respects.this