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

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and to comply with all Legal Requirements applicable to it and the Property, except for such failure or noncompliance as would not reasonably be expected to, and does not, result in a Material Adverse Effect.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property to the extent failure to do so would have a material adverse effect on Borrower or the Property, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply, in all applicable governmental authorizations necessary for the operation of the Property and comply material respects, with all Legal Requirements applicable to it and its ownership of the PropertyIndividual Properties.

Existence; Compliance with Legal Requirements. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the PropertyCollateral. There shall never be committed by Borrower any act or omission affording the federal government or any State or local government the right of forfeiture against any monies paid in performance of Borrower’s obligations under any of the Loan Documents.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property, other than non-compliance not likely to result in a Material Adverse Effect.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property Properties and comply in all material respects with all Legal Requirements applicable to it and the PropertyProperties (it being understood that, with respect to RPTL Tax Benefits Law and Rent Regulation Laws, compliance with Section 4.34 shall constitute compliance with Legal Requirements hereunder).

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the PropertyProperty to the extent failure of same would result in a Material Adverse Effect. Borrower will not commit any act which may give any Governmental Authority the right to cause Borrower to forfeit the Property or any part thereof or any monies paid in performance of Borrower’s obligations under any of the Loan Documents.

Existence; Compliance with Legal Requirements. Each of Borrower and each Individual Owner shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property Properties and comply with all Legal Requirements applicable to it it, the Collateral and the PropertyProperties.

Existence; Compliance with Legal Requirements. Each of Borrower and shall (and shall cause Owner to) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property.Property.‌

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, franchises franchises, and all applicable governmental authorizations necessary trade names required for the operation of the Property and in the manner presently being conducted. Borrower shall comply with all Legal Requirements applicable to it and the PropertyProperty (subject to Borrower’s right to contest the applicability of any such Legal Requirement in accordance with Section 5.1.2 below).

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the PropertyProperty including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the PropertyIndividual Properties, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and or cause Mortgage Borrower to comply with all Legal Requirements applicable to it Borrower, Mortgage Borrower, the Collateral and the Property.

Existence; Compliance with Legal Requirements. (a) Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property.Individual Properties. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording any Governmental Authority the right of forfeiture as against the Individual Properties or any part thereof or any monies paid in performance of Borrower’s obligations under any of the Loan

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence existence, and all material rights, licenses, permits, permits and franchises and shall comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property, including, without limitation, Prescribed Laws; provided Borrower shall have the right to contest such Legal Requirements as provided in this Agreement.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, franchises authorizations, and all applicable governmental authorizations necessary for the operation of the Property franchises, and cause Mortgage Borrower to comply with all Legal Requirements applicable to it and the Property.with

Existence; Compliance with Legal Requirements. Each Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply or cause compliance with all Legal Requirements applicable to it and any Borrower, any Mortgage Borrower, the Collateral or the Property, including, without limitation, the Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property Properties and comply in all material respects with all Legal Requirements applicable to it and the PropertyProperties (it being understood that, with respect to RPTL Tax Benefits Law and Rent Regulation Laws, compliance with Section 4.33 shall constitute compliance with Legal Requirements hereunder).

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property, including, without limitation, Prescribed Laws. Borrower shall not use or permit the use of the Property, or any part thereof, for any illegal purpose. Borrower shall furnish to Lender, on request, proof of compliance with the Legal Requirements.

Existence; Compliance with Legal Requirements. Borrower shall (and shall cause Mortgage Borrower to) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property and the Collateral and comply with all Legal Requirements applicable to it it, the Property and the PropertyCollateral.

Existence; Compliance with Legal Requirements. Borrower and Operating Tenant shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation Borrower’s ownership of the Property and comply with all Legal Requirements applicable to it and its ownership of the PropertyProperty which is not the obligation of the Ground Tenant under the Ground Lease or Tenant under the applicable Lease.

Existence; Compliance with Legal Requirements. Borrower shall (a) do or cause to be done all things reasonably necessary to preserve, renew and keep in full force and effect its existence and all rightsand, except to the extent same would not result in a Material Adverse Change, its licenses, permitspermits and franchises, franchises and all applicable governmental authorizations necessary for the operation of the Property and (b) comply with all Legal Requirements Laws applicable to it that if not complied with it would result in a Material Adverse Change and the Property(c) comply in all material respects with all Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property.. Notwithstanding the foregoing, after prior notice to Lender, Borrower, at its own expense, may suspend such compliance and contest by appropriate legal proceeding, conducted in good faith and with due diligence, the validity or

Existence; Compliance with Legal Requirements. Borrower Borrowers shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the PropertyIndividual Properties, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Property., including, without limitation, building and zoning codes and certificates of occupancy. There shall never be committed by Borrower, and Borrower shall never permit any other Person in occupancy of or involved with the operation or use of the Property to commit any

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and existence, all material rights, licenses, permits, permits and franchises and comply in all applicable governmental authorizations necessary for the operation of the Property and comply material respects with all Legal Requirements applicable to it and the Property, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Each Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permitspermits and franchises except to the extent such preservation, franchises renewal and all applicable governmental authorizations necessary for the operation of the Property effectiveness could not have a Material Adverse Effect, and substantially comply with all Legal Requirements applicable to it and the PropertyProperties.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply with all Legal Requirements applicable to it and the Individual Property, including, without limitation, Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence existence, and all rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Property and comply in all material respects with all Legal Requirements applicable to it and the PropertyProperty and the use thereof, including, without limitation, the Prescribed Laws.

Existence; Compliance with Legal Requirements. Borrower shall (and shall cause each Borrower Subsidiary to) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property and the Worldwide Plaza Amenities, as applicable, and comply in all material respects with all Legal Requirements applicable to it it, the Property and the PropertyWorldwide Plaza Amenities, as applicable.

Existence; Compliance with Legal Requirements. Each Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permitspermits and franchises except to the extent such preservation, franchises renewal and all applicable governmental authorizations necessary for the operation of the Property effectiveness could not have a Material Adverse Effect, and substantially comply with all Legal Requirements applicable to it it, the Mortgage Borrowers and the PropertyProperties.

Existence; Compliance with Legal Requirements. Borrower shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence existence, and all material rights, licenses, permitspermits and franchises, franchises and all applicable governmental authorizations necessary for the operation of the Property and shall cause Merger Sub to comply with all Legal Requirements applicable to it and the Propertyforegoing terms of this Section 4.10.

Existence; Compliance with Legal Requirements. Each Borrower and Sole Member shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Property owned by such Borrower and comply with all Legal Requirements applicable to it and the PropertyProperty owned by such Borrower and the Collateral.