Common use of MAINTENANCE, REPAIRS, ALTERATIONS Clause in Contracts

MAINTENANCE, REPAIRS, ALTERATIONS. Mortgagor shall keep the Mortgaged Property or cause the same to be kept in good condition and repair and fully protected from the elements to the reasonable satisfaction of Mortgagee. Mortgagor shall not commit or permit any waste thereon and shall not do or permit any act by which the Mortgaged Property shall become less valuable. Mortgagor shall not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security Agreement, which shall not be unreasonably withheld or delayed, except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from the Mortgaged Property shall be subject to the provisions of the Security Agreement. Mortgagor shall promptly restore in like manner any Improvements which may be damaged or destroyed thereon and shall pay when due all claims for labor performed and materials furnished therefor; and Mortgagor shall use and operate, and shall require its lessees or licensees to use or operate, the Mortgaged Property in compliance with all applicable laws, ordinances, regulations, covenants, conditions, and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. Mortgagee and its representative shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether Mortgagor is complying with its obligations under this Mortgage.

MAINTENANCE, REPAIRS, ALTERATIONS. Mortgagor shall keep the Mortgaged Property or cause the same to be kept in good condition and repair and fully protected from the elements to the reasonable satisfaction of Mortgagee. Mortgagor shall not commit or permit any waste thereon and shall not do or permit any act by which the Mortgaged Property shall become less valuable. Mortgagor shall not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security AgreementMortgagee, which shall not be unreasonably withheld or delayed, except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from the Mortgaged Property shall be subject to the provisions of the Security AgreementNote. Mortgagor shall promptly restore in like manner any Improvements which may be damaged or destroyed thereon and shall pay when due all claims for labor performed and materials furnished therefor; and Mortgagor shall use and operate, and shall require its lessees or licensees to use or operate, the Mortgaged Property in compliance with all applicable laws, ordinances, regulations, covenants, conditions, and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. Mortgagee and its representative shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether Mortgagor is complying with its obligations under this Mortgage.

MAINTENANCE, REPAIRS, ALTERATIONS. Mortgagor shall keep the Mortgaged Property Property, or cause the same to be kept kept, in good condition and repair and fully protected from the elements to the reasonable satisfaction of Mortgagee. ; Mortgagor shall not commit or nor permit any to be committed waste thereon and shall not do or nor permit to be done any act by which the Mortgaged Property shall become less valuable. ; Mortgagor shall will not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security Agreement, which shall not be unreasonably withheld or delayed, Improvements (except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from without the Mortgaged Property shall be subject to the provisions prior written permission of the Security Agreement. Mortgagee; Mortgagor shall complete promptly and in good and workmanlike manner any building or other improvement which may be constructed on the Premises and promptly restore in like manner any Improvements which may be damaged or destroyed thereon and shall will pay when due all claims for labor performed and materials furnished therefor; and Mortgagor shall use and operate, and shall require its lessees or licensees to use or operate, the Mortgaged Property in compliance with all applicable laws, ordinances, regulations, covenants, conditions, conditions and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. Unless required by law or unless Mortgagee has otherwise agreed in writing, Mortgagor shall not allow changes in the stated use of Mortgaged Property from that which was disclosed to Mortgagee at the time of execution hereof. Mortgagor shall not initiate or acquiesce to a zoning change of the Mortgaged Property without the prior notice to and consent of Mortgagee. Mortgagee and its representative representatives shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether Mortgagor is complying with its obligations under this Mortgage, including, but not limited to, those set out in this Section.

MAINTENANCE, REPAIRS, ALTERATIONS. Mortgagor shall reasonably keep the Mortgaged Property Property, or cause the same to be kept kept, in good condition and repair and fully protected from the elements to the reasonable satisfaction of Mortgagee. ; Mortgagor shall not commit or permit any to be committed waste thereon and shall not do or nor permit to be done any act by which the Mortgaged Property shall become less valuable. ; Mortgagor shall will not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security Agreement, which shall not be unreasonably withheld or delayed, Improvements (except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation without the prior written permission of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from the Mortgaged Property shall be subject to the provisions of the Security Agreement. Mortgagee; Mortgagor shall complete promptly and in good and workmanlike manner any building or other improvement which may be constructed on the Premises and promptly restore in like manner any Improvements which may be damaged or destroyed thereon and shall will pay when due all claims for labor performed and materials furnished therefor; and Mortgagor shall use and operate, and shall require its lessees or licensees to use or operate, the Mortgaged Property in compliance with all applicable laws, ordinances, regulations, covenants, conditions, conditions and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. Unless required by law or unless Mortgagee has otherwise agreed in writing, Mortgagor shall not allow changes in the stated use of Mortgaged Property from that which was disclosed to Mortgagee at the time of execution hereof. Mortgagor shall not initiate or acquiesce to a zoning change of the Mortgaged Property without prior notice to and consent of Mortgagee. Mortgagee and its representative representatives shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether Mortgagor is complying with its obligations under this Mortgage, including, but not limited to, those set out in this Section.

MAINTENANCE, REPAIRS, ALTERATIONS. Mortgagor shall keep the Mortgaged Property Property, or cause the same to be kept kept, in good condition and repair and fully protected from the elements to the reasonable satisfaction of Mortgagee. ; Mortgagor shall not commit or nor permit any to be committed waste thereon and shall not do or nor permit to be done any act by which the Mortgaged Property shall become less valuable. ; Mortgagor shall will not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security Agreement, which shall not be unreasonably withheld or delayed, Houses (except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from without the Mortgaged Property shall be subject to the provisions prior written permission of the Security Agreement. Mortgagee; Mortgagor shall complete promptly and in good and workmanlike manner any building or other improvement which may be constructed on the Premises and promptly restore in like manner any Improvements improvements which may be damaged or destroyed thereon and shall will pay when due all claims for labor performed and materials furnished therefor; and Mortgagor shall use and operate, and shall require its lessees or licensees to use or operate, the Mortgaged Property in compliance with all applicable laws, ordinances, regulations, . covenants, conditions, conditions and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. Unless required by law or unless Mortgagee has otherwise agreed in writing, Mortgagor shall not allow changes in the stated use of Mortgaged Property from that which was disclosed to Mortgagee at the time of execution hereof. Mortgagor shall not initiate or acquiesce to a zoning change of the Mortgaged Property without the prior notice to and consent of Mortgagee. Mortgagee and its representative representatives shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether Mortgagor is complying with its obligations under this Mortgage, including, but not limited to, those set out in this Section.

MAINTENANCE, REPAIRS, ALTERATIONS. The Mortgagor shall will keep the Mortgaged Property Property, or cause the same to be kept kept, in good condition and repair and fully protected from the elements to the reasonable satisfaction of the Mortgagee. ; the Mortgagor shall not will commit or permit any no waste thereon and shall not will do or permit any no act by which the Mortgaged Property Premises shall become less valuable. ; the Mortgagor shall will not remove, demolish or substantially or structurally alter any building, structure or other Improvement without the prior permission of holders of a majority in principal amount of the outstanding Notes in accordance with the Security Agreement, which shall not be unreasonably withheld or delayed, Improvements (except (x) such alterations as may be required by laws, ordinances or regulations, (y) non-structural alterations costing less than $3,500,000 per project and (z) erection or installation of shelves, bins, machinery and equipment of all kinds, plumbing and wiring. Any removals of shelves, bins, machinery and equipment and other items from without the Mortgaged Property shall be subject to the provisions prior written permission of the Security Agreement. Mortgagee; the Mortgagor shall will complete promptly and in good and workmanlike manner any building or other Improvement which may be constructed on the Premises and promptly restore in like manner any Improvements Improvement which may be damaged or destroyed thereon and shall will pay when due all claims for labor performed and materials furnished therefor; and the Mortgagor shall will use and operate, and shall will require its lessees or licensees to use or operate, the Mortgaged Property Premises in compliance with all applicable laws, ordinances, regulations, covenants, conditions, conditions and restrictions, and with all applicable requirements of any ground lease, lease or sublease now or hereafter affecting the Premises or any part thereof. The Mortgagee and its representative representatives shall have access to the Premises and Mortgaged Property at all reasonable times on notice to Mortgagor to determine whether the Mortgagor is complying with its obligations under this Mortgage, including, but not limited to, those set out in this Section.