Common use of Maintenance of Rights of Way, Easements and Licenses Clause in Contracts

Maintenance of Rights of Way, Easements and Licenses. Grantor shall maintain all rights of way, easements, grants, privileges, licenses, certificates, permits, entitlements and franchises necessary for the material use of the Mortgaged Property and will not (to the extent Grantor has the right to object), without the prior consent of Beneficiary, consent to any public restriction (including any zoning ordinance) or private restriction as to the use of the Mortgaged Property if such restrictions would interfere in a material and adverse manner with the use of the Mortgaged Property. Grantor shall comply in all material respects with all restrictive covenants affecting the Mortgaged Property, and all material zoning ordinances and other public or private restrictions as to the use of the Mortgaged Property, the failure to comply which could interfere in a material and adverse manner with the use of the Mortgaged Property.

Maintenance of Rights of Way, Easements and Licenses. Grantor shall maintain all rights of way, easements, grants, privileges, licenses, certificates, permits, entitlements and franchises necessary for the material use of the Mortgaged Property and will not (to the extent Grantor has the right to object)not, without the prior consent of Beneficiary, not to be unreasonably withheld or delayed, consent to any public restriction (including any zoning ordinance) or private restriction as to the use of the Mortgaged Property if such restrictions would interfere in a material which restriction is reasonably likely to materially and adverse manner with adversely effect the current use of the Mortgaged Property. Grantor shall comply in all material respects with all restrictive covenants affecting the Mortgaged Property, and all material zoning ordinances and other public or private restrictions as to the use of the Mortgaged Property, the failure to comply which could interfere in a material and adverse manner with the use of the Mortgaged Property.