Maintenance of Leases. Grantor shall comply with all the covenants and conditions contained in the Leases insofar as they relate to the Royalty Lands and shall do all things necessary to maintain the Leases in full force and effect during the term of this Agreement including, without limitation, timely payment of all rentals, all renewal and extension fees, all taxes, all payments in lieu of actual production and royalties due or becoming due in respect of the Royalty Lands and the Leases.
Maintenance of Leases. Mortgagor will keep and continue all Leases, estates, and interests herein described and all contracts and agreements relating thereto in full force and effect in accordance with the terms thereof and will not permit the same to lapse or otherwise become impaired for failure to comply with the obligations thereof, whether express or implied. In this connection, Mortgagor shall not release any of the Leases without the prior written consent of Mortgagee.
Maintenance of Leases. Promptly perform, pay and discharge (or Cause Operator to perform, pay and discharge) (a) all delay rentals, royalties, expenses, severance Taxes and other Taxes and indebtedness accruing under the Leases or the other Basic Documents, and (b) all other obligations imposed by the Leases and the other Basic Documents, in each instance, unless the failure to do so could not reasonably be expected to have a Material Adverse Effect. Borrower shall also act as a Prudent Operator in preventing the expiration, forfeiture or abandonment of any of the Properties except for Properties that are known to be incapable of producing in paying quantities.
Maintenance of Leases. The Borrower shall maintain, and shall cause its Subsidiaries to maintain, in full force and effect all leases for its respective real properties, and all other leases for personal property if the failure to maintain such personal property lease would constitute a Material Adverse Change.
Maintenance of Leases. The Borrower shall maintain in full force and effect all leases for its real properties, and all other leases for personal property, which are necessary to the conduct of the Borrower's business except where the failure to comply with this provision would not be likely to result in a Material Adverse Change.
Maintenance of Leases. AOL shall comply with all the covenants and conditions contained in the Leases insofar as they relate to the Royalty Lands and shall do all things necessary to maintain the Leases in full force and effect during the term of this Agreement, including timely payment of all rentals, all renewal and extension fees, all taxes, all payments in lieu of actual production and royalties due or becoming due in respect of the Royalty Lands and the Leases.
Maintenance of Leases. The Group Companies shall maintain in full force and effect leases for offices and warehouses that are necessary and material to the Business.
Maintenance of Leases. The Borrower shall maintain in full --------------------- force and effect all leases for its real properties, and all other leases for personal property if the failure to maintain such personal property lease would constitute a Material Adverse Change; provided, however, that -------- ------- the provisions of this Section 5.9 shall not prohibit the Borrower (i) from acquiring a fee interest in the Bridgeville Property and (ii) in connection with such acquisition from terminating the Armco Lease.
Maintenance of Leases. The Issuer will not, and will not permit --------------------- any Restricted Subsidiary to, change, waive, discharge or terminate any Existing Lease or any provision thereof, except that the Issuer or any Restricted Subsidiary may change or waive any provision of, and may discharge and terminate, an Existing Lease if in the good faith judgment of the Independent Directors of the General Partner such change or waiver, discharge or termination, is in the best interest of the Issuer or such Restricted Subsidiary or is required to maintain the Guarantor's status as a real estate investment trust under the Code and the consequences of such change or waiver, discharge or termination, would not, in the aggregate as to any one or more Existing Leases, be materially disadvantageous to the holders of the Notes; provided, however, that in no event -------- ------- may the Issuer or any Subsidiary change or waive any provision of any Existing Lease relating to Assignment, Subletting or Change of Control (as each is defined in the Existing Leases), expect for changes or waivers the consequences of which would, in the aggregate as to any one or more Existing Leases, be more favorable to the Issuer or such Restricted Subsidiary than would arise in the absence of such changes or waivers and, provided further, that, any Existing ---------------------- Lease or any provision thereof may be changed, waived, discharged or terminated in connection with the sale, transfer or other disposition of the related property which is permitted under the terms hereof. The Issuer will not change the designation of any Subsidiary in existence on the date hereof from an Unrestricted Subsidiary to a Restricted Subsidiary unless any change to or waiver of the provisions of, or discharge or termination of, any Existing Leases of such Subsidiary would have been in compliance with the terms of this Section 6.9 had such Subsidiary been a Restricted Subsidiary on the date of such change, waiver, discharge or termination.
Maintenance of Leases. Borrowers shall use commercially reasonable efforts as a prudent operator to keep and perform all of the tellus, conditions and covenants of the Leases constituting Properties which are to be kept and performed by the lessee for the benefit of the Lender and the holder of the ORR1.
