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

Existence; Compliance with Legal Requirements. Company shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect the existence, rights, licenses, permits and franchises of Company, and comply, in all material respects, with all Legal Requirements applicable to it and the Property. There shall never be committed by Company or its Affiliates or anyone controlled by the Company its Affiliates or any parties acting at the direction of any of the foregoing any act or omission affording the federal government or any State or local government the right of forfeiture against the Property or any part thereof or any monies paid in performance of Company’s obligations hereunder or pursuant to any of the Definitive Documents. Company hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Company 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 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. Company shall keep the 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.

Existence; Compliance with Legal Requirements. Company Insurance. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect the its existence, rights, licenses, permits and franchises of Company, and comply, in all material respects, comply with all Legal Requirements applicable to it and the PropertyProperties. There shall never be committed by Company or its Affiliates or anyone controlled by the Company its Affiliates Borrower or any parties acting at other Person in occupancy of or involved with the direction of any operation or use of the foregoing Properties any act or omission affording the federal government or any State state or local government the right of forfeiture as against the any Individual Property or any part thereof or any monies paid in performance of Company’s Borrower's obligations hereunder or pursuant to under any of the Definitive Loan Documents. Company Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Company Borrower 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 Property 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 the Mortgages. Company Borrower shall keep the Property 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.

Existence; Compliance with Legal Requirements. Company Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect the its existence, rights, licenses, permits and franchises of Company, and comply, in all material respects, comply with all Legal Requirements applicable to it and the Property. There shall never be committed by Company or its Affiliates or anyone controlled by the Company its Affiliates Borrower or any parties acting at other Person in occupancy of or involved with the direction of any operation or use of the foregoing Property any act or omission affording the federal government or any State state or local government the right of forfeiture as against the Property or any part thereof or any monies paid in performance of CompanyBorrower’s obligations hereunder or pursuant to under any of the Definitive Documents. Company Loan Documents and Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Company Borrower 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 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. Company shall keep the 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 Agreementthe Mortgage.

Existence; Compliance with Legal Requirements. Company Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect the its existence, rights, licenses, permits and franchises of Company, and comply, in all material respects, comply with all Legal Requirements applicable to it and each of the PropertyProperties. There shall never be committed by Company or its Affiliates or anyone controlled by the Company its Affiliates Borrower or any parties acting at other Person involved with the direction operation of any of the foregoing Property any act or omission affording the federal government or any State state or local government the right of forfeiture as against the any Property or any part thereof or any monies paid in performance of CompanyBorrower’s obligations hereunder or pursuant to under any of the Definitive Documents. Company Loan Documents and Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Company Borrower 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 each 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. Company shall keep the 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 Agreementthe Security Instruments.

Existence; Compliance with Legal Requirements. Company Borrower and shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect the its existence, rights, licenses, permits ,and franchises of Company, and comply, in all material respects, comply with all Legal Requirements applicable to it and the Property. There shall never be committed by Company Borrower and Borrower shall not permit any other Person in occupancy of or its Affiliates involved with the operation or anyone controlled by the Company its Affiliates or any parties acting at the direction of any use of the foregoing Property to commit any act or omission affording the federal government or any State state or local government the right of forfeiture against the Property or any part thereof or any monies paid in performance of Company’s Borrower's obligations hereunder or pursuant to under any of the Definitive Loan Documents. Company Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Company Borrower 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 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 the Mortgage. Company Borrower shall keep the 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.