Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation its Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 15 contracts
Samples: Credit Agreement (Equity Office Properties Trust), Revolving Credit Agreement (Eop Operating LTD Partnership), Credit Agreement (Equity Office Properties Trust)
Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation its the Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 9 contracts
Samples: Credit Agreement (Smith Charles E Residential Realty Lp), Revolving Credit Agreement (Irvine Apartment Communities L P), Assignment and Assumption Agreement (Smith Charles E Residential Realty Lp)
Maintenance of Property; Insurance; Leases. (a) The Borrower will shall keep, and will shall cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation each of its Real Property Assets (for so long as it the same constitutes a Real Property AssetsAsset), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 7 contracts
Samples: Credit Agreement (Istar Inc.), Credit Agreement (Istar Inc.), Credit Agreement (Istar Financial Inc)
Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation each of its Real Property Assets (for so long as it the same constitutes a Real Property AssetsAsset), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Istar Financial Inc), Revolving Credit Agreement (Istar Financial Inc), Revolving Credit Agreement (Istar Financial Inc)
Maintenance of Property; Insurance; Leases. (a) The Borrower will shall keep, and will shall cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation each of its Real Property Assets (for so long as it the same constitutes a Real Property AssetsAsset), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 3 contracts
Samples: First Priority Credit Agreement (Istar Financial Inc), Priority Credit Agreement (Istar Financial Inc), Second Priority Credit Agreement (Istar Financial Inc)
Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation its the Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, or shall take all reasonable steps to cause the tenant of such Real Property Asset to perform its maintenance obligation under its lease, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Trinet Corporate Realty Trust Inc), Revolving Credit Agreement (Trinet Corporate Realty Trust Inc), Revolving Credit Agreement (Trinet Corporate Realty Trust Inc)
Maintenance of Property; Insurance; Leases. (ak) The Borrower will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, including without limitation its the Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 2 contracts
Samples: Senior Subordinated Term Loan Agreement (Merry Land Properties Inc), Senior Term Loan Agreement (Merry Land Properties Inc)
Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary and Qualified Borrower to keep, all property Property useful and necessary in its business, including without limitation its the Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear and casualty and condemnation events excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership), Revolving Credit Agreement (Erp Operating LTD Partnership)
Maintenance of Property; Insurance; Leases. (a) The Borrower will keep, and will cause each Consolidated Subsidiary and Qualified Borrower to keep, all property useful and necessary in its business, including without limitation its Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Eop Operating LTD Partnership), Revolving Credit Agreement (Eop Operating LTD Partnership)
Maintenance of Property; Insurance; Leases. (a) The Borrower and/or ABR will keep, and will cause each Consolidated Subsidiary to keep, all property useful and necessary in its business, other than obsolete property or property replaced with other property, including without limitation its the Real Property Assets (for so long as it constitutes Real Property Assets), in good repair, working order and condition, ordinary wear and tear excepted, in each case where the failure to so maintain and repair will have a Material Adverse Effect.
Appears in 1 contract
Samples: Revolving Credit Agreement (Arbor Realty Trust Inc)
