Common use of Maintenance of Permits, Etc Clause in Contracts

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse Effect; and notify Lender in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 14 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Maintenance of Permits, Etc. Each of Borrower and the REIT will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 7 contracts

Samples: Credit Agreement (Chelsea Property Group Inc), Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of of, or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue discontinue, any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 5 contracts

Samples: Term Loan Agreement (Arden Realty Limited Partnership), Term Loan Agreement (Arden Realty Limited Partnership), Revolving Credit Agreement (Arden Realty Inc)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 4 contracts

Samples: Credit Agreement (Arden Realty Inc), Credit Agreement (Pacific Gulf Properties Inc), Credit Agreement (Spieker Properties Inc)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise franchise, authorization or right, except where such suspension, cancellation, revocation or discontinuance would not have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Smith Charles E Residential Realty Inc), Assignment and Assumption Agreement (Smith Charles E Residential Realty Lp), Credit Agreement (Smith Charles E Residential Realty Lp)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of of, or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue discontinue, any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Arden Realty Inc)

Maintenance of Permits, Etc. Borrower will maintain in --------------------------- full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

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Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of of, or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue discontinue, any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right, the loss of which would have a Material Adverse Effect on Borrower or the REIT.

Appears in 1 contract

Samples: Credit Agreement (Arden Realty Inc)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, 86 trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise franchise, authorization or right, except where such suspension, cancellation, revocation or discontinuance would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Lp)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender Administrative Agent in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.

Appears in 1 contract

Samples: Credit Agreement (Spieker Properties Inc)

Maintenance of Permits, Etc. Borrower will maintain in full force and effect all Permits, franchises, patents, trademarks, trade names, copyrights, authorizations or other rights necessary for the operation of its business, except where the failure to obtain any of the foregoing would not have a Material Adverse EffectEffect on Borrower; and notify Lender in writing, promptly after learning thereof, of the suspension, cancellation, revocation or discontinuance of or of any pending or threatened action or proceeding seeking to suspend, cancel, revoke or discontinue any material Permit, patent, trademark, trade name, copyright, governmental approval, franchise authorization or right.. (h)

Appears in 1 contract

Samples: _______________________________________________________________ Revolving Credit Agreement (Arden Realty Inc)

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