Maintenance Modifications Taxes and Insurance Sample Clauses

Maintenance Modifications Taxes and Insurance. 8.1 Maintenance, Modifications and Expansion of MIIS Facilities. 8.1.1 The Lessee shall integrate the MHS Operations that are not subleased to Children’s Hospital into UC Health with the larger programs and management systems of UC Health, and the City shall reasonably cooperate in ensuring that such MHS Operations are integrated into UC Health, in each case consistent with UC Health’s overall policies and practices. Accordingly, except as otherwise specifically provided herein, the Lessee and, subject to the Children’s Sublease, Children’s Hospital, shall have the right to manage, operate, maintain, reconfigure, and renovate the MHS Facilities, and to buy, sell, lease, exchange, dispose of or otherwise deal in equipment therein, and to manage and operate MHS programs and services, consistent with the Operating Standard as the same applies to their respective operations. 8.1.2 The Lessee agrees that during the Term it will, at its own expense, keep the MHS Facilities in good repair and in good operating condition at a general level not less than as such MHS Facilities existed as of the Effective Date, subject to normal wear and tear, and making from time to time necessary repairs thereto (including external and structural repairs) and renewals thereof as detennined by the Lessee in a manner consistent with the Operating Standard. 8.1.3 During the Term, but subject to the terms of this Operating Lease, the Lessee may, at its own expense and in its sole discretion, acquire any real property, or rights to use or occupy real property, of a type described in Section 2.1.2, as well as acquire, construct, effect or install any addition, improvement, alteration, on-site replacement, enlargement, expansion, modification, improvement or change in, on or to the MHS Facilities as it deems necessary or appropriate for its purposes, in all cases consistent with the Operating Standard. Each such expansion of the MHS Facilities (including real property acquisitions) that is located on the MHS Facilities or within a ten (10) mile radius of either of the MHS Hospitals (measured from the center of its current campus, or its relocated campus if either MHS Hospital is relocated) and relates to the provision of inpatient, outpatient and supportive services (e.g., medical office buildings, urgent care centers, etc.) that MHS provides as of the Execution Date or would reasonably be expected to expand to provide during the Term shall be refelTed to as an “Expansion” or “Expansion ...
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Maintenance Modifications Taxes and Insurance. During the term of this Lease, the Guarantor shall operate, maintain, repair and restore the Project in the manner and to the extent required under the Financing Agreement and the Operative Documents. (a) The Guarantor shall pay, or cause to be paid, the following, as the same respectively become due unless the Guarantor is actively and in good faith contesting any such taxes, assessments or other changes as permitted by Section 8.2(b): (1) All taxes and governmental charges of any kind whatsoever which may at any time be lawfully assessed or levied against or with respect to the Project or any part thereof; (2) All utility and other charges, including "service charges," incurred or imposed for the operation, maintenance, use, occupancy, upkeep, and improvement of the Project, the non-payment of which would create, or entitle the obligee to impose, a Lien on the Project; (3) All assessments and charges of any kind whatsoever lawfully made by any Governmental Authority against the Project for public improvements; and (4) All payments in lieu of taxes, required to be made to the Issuer or the City of Syracuse under the terms of the PILOT Agreement. (b) Notwithstanding anything in Section 8.2(a) to the contrary, the Guarantor may in good faith actively contest any taxes, assessments and other charges described in Section 8.2(a) (except that with respect to the PILOT Agreement, the Guarantor shall not contest the validity of such agreement but may only dispute, in good faith, the calculation of the amounts due thereunder), provided that such action does not constitute an Event of Default under the Financing Agreement. The Guarantor shall at all times maintain insurance with respect to the Project against such risks and for such amounts as are customarily insured against by businesses of like size and type, paying (as the same become due and payable) all premiums with respect thereto; provided, however, that, if the premiums are not timely paid, the Issuer may pay such premiums and the Guarantor shall pay immediately upon demand all sums so expended by the Issuer. The maintenance of such insurance as is required under Section 5.20 of the Financing Agreement or as is otherwise acceptable to the Agent shall satisfy the Guarantor's obligations under this Section 8.3. All proceeds of insurance maintained pursuant to the Financing Agreement or Section 8.3 of this Lease shall be applied in accordance with the terms of the Financing Agreement until the obligations of ...
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Maintenance Modifications Taxes and Insurance. SECTION 6.1. MAINTENANCE AND MODIFICATIONS OF FACILITY. (A) During the term
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Maintenance Modifications Taxes and Insurance. Section 6.
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Maintenance Modifications Taxes and Insurance. Section 6.1 Maintenance, Use and Modifications of the Project Facility by the Company. (a) During the Lease Term, the Company will (i) maintain the Project Facility free of material defects or dangerous conditions and keep the Project Facility in safe condition, (ii) make all necessary repairs and replacements to the Project Facility (whether ordinary or extraordinary, structural or nonstructural, foreseen or unforeseen) as are necessary to maintain the Project Facility free from material defects and dangerous conditions, and (iii) operate the Project Facility in accordance with all applicable federal and state safety standards. (b) The Company agrees to use the Project Facility in conformance with all zoning ordinances, laws, rules and regulations that would be applicable to the Project Facility if the Company were the owner of record of the Project Facility. The Company covenants not to use the Project Facility for any other purpose without the prior written consent of the Agency. (c) The Company from time to time may make any additions, modifications or improvements to the Project Facility or any part thereof which it may deem desirable for its business purposes, provided such actions do not affect the integrity of the Project Facility provided that all such additions, modifications or improvements to the Project Facility or any part thereof shall be in compliance with all applicable law, rules and regulations, including, without limitation, requirements that the provisions of Article 8 of the Environmental Conservation Law be satisfied with respect to such addition or improvement). All such additions, modifications or improvements so made by the Company shall be done in a reasonable and workmanlike manner and shall become a part of the Project Facility. The Company agrees to deliver to the Agency all documents which may be necessary or appropriate to convey to the Agency title to, or other satisfactory interest in, such property. (d) The Agency shall not be under any obligation to renew, repair or replace any inadequate, obsolete, worn out, unsuitable, undesirable or unnecessary portions of the Project Facility.
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