Common use of Grantor To Maintain Improvements Clause in Contracts

Grantor To Maintain Improvements. Grantor shall not commit or suffer any waste on the Premises or with respect to any Equipment. Grantor represents and warrants that (i) the Premises are served by all utilities required or necessary for the current use thereof and (ii) Grantor has access to the Premises from public roads sufficient to allow Grantor and its tenants and invitees to conduct its and their businesses at the Premises in accordance with sound commercial practices. Grantor shall, at all times, exercise commercially reasonable efforts to maintain the Premises and Equipment in good repair, working order and insurable condition (subject to normal wear and tear) and shall make all repairs, structural or nonstructural, which Grantor deems appropriate in its commercially reasonable judgment, when necessary. Grantor shall (a) not alter the occupancy or use of all or any part of the Premises on which Grantor is conducting its business without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, and (b) do all other reasonable acts which from the character or use of the Premises and Equipment may, in the commercially reasonable opinion of Grantor, be necessary or appropriate to maintain and preserve their value. Grantor shall not remove, demolish or alter the structural character of any Improvement now or hereafter erected upon all or any part of the Premises, or permit any such removal, demolition or alteration, without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, except that items constituting Equipment may be removed if such removal is temporary and for the purpose of making repairs or such items are immediately replaced with similar items of Equipment having a value and utility for their intended purposes that is not less than the value and such utility of the Equipment so removed or if in the commercially reasonable opinion of Grantor such Equipment is not necessary for the use or operation of the Premises, and except as permitted pursuant to Section 7.13 of the Credit Agreement.

Grantor To Maintain Improvements. If Grantor shall not commit or suffer any waste on the Premises or with respect to any Equipment or make any change in the use of the Premises or any Equipment. Grantor represents and warrants that (i) the Premises are served by all utilities required or necessary for the current use thereof thereof, (ii) all streets necessary to serve the Premises are completed and serviceable and have been dedicated and accepted as such by the appropriate Governmental Authorities, and (iiiii) Grantor has access to the Premises from public roads sufficient to allow Grantor and its tenants and invitees to conduct its and their businesses at the Premises in accordance with sound commercial practices. Grantor shall, at all times, exercise commercially reasonable efforts to maintain the Premises and Equipment in good repairreasonably good, working order safe and insurable operating order, condition (subject to normal wear and tear) repair and shall make all material repairs, structural or nonstructural, which Grantor deems appropriate in its commercially reasonable judgment, when necessary. Grantor shall (a) not alter Any alteration of the occupancy or use of all or any part of the Premises on which Grantor is conducting its business without results in any cost in excess of $2,000,000.00 shall require the prior written consent of the Beneficiary, which consent . Grantor shall not be unreasonably withheld or delayed, and (b) do all other reasonable acts which from the character or use of the Premises and Equipment may, in the commercially reasonable opinion of Grantor, may be necessary or appropriate to maintain and preserve their value. Grantor shall not remove, demolish or alter the design or structural character of any material Improvement now or hereafter erected upon all or any part of the Premises, or permit any such removal, demolition or alteration, without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, except that items constituting Equipment may be removed if such removal is temporary and for the purpose of making repairs or such items are immediately replaced with similar items of Equipment having a value and utility for their intended purposes that is not less approximately equal to or more than the value and such utility of the Equipment so removed or if in the commercially reasonable opinion of Grantor such Equipment is not necessary for the use or operation of the Premises, and except as permitted pursuant to Section 7.13 of the Credit Agreementremoved.

Grantor To Maintain Improvements. Grantor shall not commit or suffer any waste on the Premises or with respect to any Equipment. Grantor represents and warrants that (i) the Premises are served by all utilities required or necessary for the current use thereof and (ii) Grantor has access to the Premises from public roads sufficient to allow Grantor and its tenants and invitees to conduct its and their businesses at the Premises in accordance with sound commercial practices. Grantor shall, at all times, exercise commercially reasonable efforts to maintain the Premises and Equipment in good repair, working order and insurable condition (subject to normal wear and tear) and shall make all repairs, structural or nonstructural, which Grantor deems appropriate in its commercially reasonable judgment, when necessary. Grantor shall (a) not alter the occupancy or use of all or any part of the Premises on which Grantor is conducting its business without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, and (b) do all other reasonable acts which from the character or use of the Premises and Equipment may, in the commercially reasonable opinion of Grantor, be necessary or appropriate to maintain and preserve their value. Grantor shall not remove, demolish or alter the structural character of any Improvement now or hereafter erected upon all or any part of the Premises, or permit any such removal, demolition or alteration, without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, except that items constituting Equipment may be removed if such removal is temporary and for the purpose of making repairs or such items are immediately replaced with similar items of Equipment having a value and utility for their intended purposes that is not less than the value and such utility of the Equipment so removed or if in the commercially reasonable opinion of Grantor such Equipment is not necessary for the use or operation of the Premises, and except as permitted pursuant to Section 7.13 7.16 of the Credit Agreement.

Grantor To Maintain Improvements. Grantor shall not -------------------------------- commit or suffer any waste on the Premises or with respect to any Equipment. Grantor represents and warrants that (i) the Premises are served by all utilities required or necessary for the current use thereof and (ii) Grantor has access to the Premises from public roads sufficient to allow Grantor and its tenants and invitees to conduct its and their businesses at the Premises in accordance with sound commercial practices. Grantor shall, at all times, exercise commercially reasonable efforts to maintain the Premises and Equipment in good repair, working order and insurable condition (subject to normal wear and tear) and shall make all repairs, structural or nonstructural, which Grantor deems appropriate in its commercially reasonable judgment, when necessary. Grantor shall (a) not alter the occupancy or use of all or any part of the Premises on which Grantor is conducting its business without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, and (b) do all other reasonable acts which from the character or use of the Premises and Equipment may, in the commercially reasonable opinion of Grantor, be necessary or appropriate to maintain and preserve their value. Grantor shall not remove, demolish or alter the structural character of any Improvement now or hereafter erected upon all or any part of the Premises, or permit any such removal, demolition or alteration, without the prior written consent of Beneficiary, which consent shall not be unreasonably withheld or delayed, except that items constituting Equipment may be removed if such removal is temporary and for the purpose of making repairs or such items are immediately replaced with similar items of Equipment having a value and utility for their intended purposes that is not less than the value and such utility of the Equipment so removed or if in the commercially reasonable opinion of Grantor such Equipment is not necessary for the use or operation of the Premises, and except as permitted pursuant to Section 7.13 of the Credit Agreement.