Maintenance of Real Estate Sample Clauses

Maintenance of Real Estate. Each Borrower shall keep and maintain its Real Estate and all improvements thereon in good condition and repair (ordinary wear and tear excepted) and shall maintain the value and utility thereof and shall maintain such Real Estate in conformity with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations. Each Borrower shall maintain its leased real property in the same manner as its owned Real Estate, and comply with the terms of its leases of Real Estate, in accordance with the applicable leases.
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Maintenance of Real Estate. At all times maintain, preserve and protect all of its and its Subsidiaries' real estate (including all real estate subject to mortgages in favor of the Bank) pursuant to commercially reasonable standards and, from time to time, make needful and proper repairs so that the value of the Bank's collateral shall be preserved.
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Maintenance of Real Estate. Keep and maintain the Real Estate and all improvements thereon in good condition and repair (ordinary wear and tear excepted) and shall maintain the value and utility thereof and shall maintain such Real Estate in conformity with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations. Each Borrower and each Subsidiary of any Borrower shall maintain its leased real property in the same manner as its owned Real Estate, and comply with the terms of its leases of Real Estate, in accordance with the applicable leases.
Sample 1
Maintenance of Real Estate. Seller shall maintain the Real Estate, and all the improvements that are a part thereof, in substantially the same condition as it exists on the date of this Agreement and shall keep any and all insurance maintained by Seller on the Real Estate current through the Closing Date.
Sample 1
Maintenance of Real Estate. Keep and maintain, and cause each Subsidiary to keep and maintain, (a) the Real Estate of such Person and all improvements thereon in good condition and repair (ordinary wear and tear excepted) and the value and utility thereof; (b) the Real Estate in conformity with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations, except where any violation of any such codes, laws, 71 statutes, rules and regulations is not reasonably likely to have a Material Adverse Effect and (c) comply in all material respects with the terms of its leases of Real Estate, in accordance with the applicable leases.
Sample 1
Maintenance of Real Estate. Each Borrower and WQD shall keep and maintain its Real Estate and all improvements thereon in good condition and repair and shall maintain the value and utility thereof. Each Borrower and WQD shall maintain its Real Estate in conformity with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations, the failure to comply with which could be reasonably likely to result in a Material Adverse Effect.
Sample 1
Maintenance of Real Estate. Each Obligor shall keep and maintain its real estate and all improvements thereon in good condition and repair, ordinary wear and tear excepted, and shall maintain the utility thereof. Each Obligor shall maintain its real estate in conformity in all material respects with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations.
Sample 1
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Maintenance of Real Estate. Keep and maintain, and shall cause each Subsidiary to keep and maintain, the Real Estate owned by such Person and all improvements thereon in good condition and repair (ordinary wear and tear excepted) and shall maintain, and shall cause each Subsidiary to maintain, the value and utility thereof, and shall maintain, and shall cause each Subsidiary to maintain, such Real Estate in conformity with all applicable building and zoning codes and other applicable laws, statutes, rules and regulations. Borrower shall maintain, and shall cause each Subsidiary to maintain, its leased real property in the same manner as its owned Real Estate, and comply with the terms of its leases of Real Estate, in accordance with the applicable leases.
Sample 1

Related to Maintenance of Real Estate

  • Maintenance of REIT Status In the case of the Parent Guarantor, at all times, conduct its affairs and the affairs of its Subsidiaries in a manner so as to continue to qualify as a REIT for U.S. federal income tax purposes.

  • Operation and Maintenance of Properties The Borrower, at its own expense, will, and will cause each Subsidiary to:

  • Maintenance of the Property Neither Broker nor Brokerage Firm is responsible for maintenance of the 324 Property nor are they liable for damage of any kind occurring to the Property, unless such damage is caused by their negligence or 325 intentional misconduct.

  • Legal Existence; Maintenance of Properties The Borrower will do or cause to be done all things necessary to preserve and keep in full force and effect its legal existence, rights and franchises and those of its Subsidiaries and will not, and will not cause or permit any of the Guarantors to, convert to a limited liability company or a limited liability partnership unless simultaneously with such conversion the Borrower or such Guarantor shall have executed and delivered to the Administrative Agent all documentation which the Administrative Agent reasonably determines is necessary to continue the Borrower’s or such Guarantor’s obligations in respect of this Credit Agreement or the Guaranty, as applicable. It (a) will cause all of its properties and those of its Subsidiaries used or useful in the conduct of its business or the business of its Subsidiaries to be maintained and kept in good condition, repair and working order and supplied with all necessary equipment, (b) will cause to be made all necessary repairs, renewals, replacements, betterments and improvements thereof, all as in the judgment of the Borrower may be necessary so that the business carried on in connection therewith may be properly and advantageously conducted at all times, and (c) will, and will cause each of its Subsidiaries to, continue to engage primarily in the businesses now conducted by them and in related businesses; provided that nothing in this §5.6 shall prevent the Borrower from discontinuing the operation and maintenance of any of its properties or any of those of its Subsidiaries if such discontinuance is, in the judgment of the Borrower, desirable in the conduct of its or their business and does not in the aggregate materially adversely affect the business of the Borrower and its Subsidiaries on a consolidated basis.

  • Maintenance of Premises LESSOR will be responsible for all structural and roof maintenance of the leased premises but specifically excluding damage caused by the careless, malicious, willful, or negligent acts of LESSEE or others, chemical, water or corrosion damage from any source, and maintenance of the space heating, ventilating, and cooling units exclusively serving the leased premises (collectively, the "HVAC Unit") and of any non "building standard" leasehold improvements. LESSOR shall not be deemed to have breached its obligation to make the repairs required to be made by LESSOR unless LESSOR fails to make the same within a reasonable period (taking into consideration the type of repair involved) after receiving written notice from LESSEE of the need therefor. LESSEE agrees to maintain at its expense the HVAC Unit and all other aspects of the leased premises in the same condition as they are at the commencement of the term or as they may be put in during the term of this lease, normal wear and tear and damage by fire or other casualty only excepted, and whenever necessary, to replace light bulbs, plate glass and other glass therein, acknowledging that the leased premises are now in good order and the light bulbs and glass whole. If LESSOR so directs, LESSEE shall enter into a preventive maintenance/service contract acceptable to LESSOR with a maintenance contractor acceptable to LESSOR at LESSEE's sole cost and expense for servicing all air conditioning, heating, ventilating, and other equipment or other equipment located within or serving the leased premises. LESSEE will properly control or vent all solvents, degreasers, smoke, odors, etc. and shall not cause the area surrounding the leased premises to be in anything other than a neat and clean condition, depositing all waste in appropriate receptacles. LESSEE shall be solely responsible for any damage to plumbing equipment, sanitary lines, or any other portion of the building which results from the discharge or use of any acid or corrosive substance by LESSEE. LESSEE shall not permit the leased premises to be overloaded, damaged, stripped or defaced, nor suffer any waste, and will not keep animals within the leased premises. LESSEE will protect any carpet with plastic or masonite chair pads under any rolling chairs. Unless heat is provided at LESSOR's expense, LESSEE shall maintain sufficient heat to prevent freezing of pipes or other damage. Any increase in air conditioning equipment or electrical capacity, or any installation and/or maintenance of equipment which is necessitated by some specific aspect of LESSEE's use of the leased premises shall be at LESSEE's expense. All maintenance provided by LESSOR shall be during LESSOR's normal business hours.

  • Maintenance of Existence and Properties Maintain its corporate existence and obtain and maintain all rights, privileges, licenses, approvals, franchises, properties and assets necessary or desirable in the normal conduct of its business.

  • Maintenance of Properties, Etc Maintain and preserve, and cause each of its Subsidiaries to maintain and preserve, all of its properties that are used or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted.

  • Maintenance of Properties (a) Maintain, preserve and protect all of its material properties and equipment necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted; (b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in the operation and maintenance of its facilities.

  • Maintenance of Account In addition to, and not in lieu of, the obligation of the Securities Intermediary to honor entitlement orders as agreed in Section 3 hereof, the Securities Intermediary agrees to maintain the Account as follows:

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