Mortgagor's Obligations with Respect to Leases. 1.11.1 Mortgagor shall manage and operate the Mortgaged Property or cause the Mortgaged Property to be managed and operated in a reasonably prudent manner and will not, without the written consent of Mortgagee, enter into any Lease (or any amendment or modification thereof) with any Person other than Leases permitted under Section 11.3 of the Indenture.
Appears in 6 contracts
Samples: Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement and Fixture (Blue Steel Capital Corp), Security Agreement and Fixture (Blue Steel Capital Corp)
Mortgagor's Obligations with Respect to Leases. 1.11.1 Subject to the provisions of subsection 1.11.2 herein, Mortgagor shall will manage and operate the Mortgaged Property or cause the Mortgaged Property to be managed and operated in a reasonably prudent manner and will not, not without the prior written consent of Mortgagee, Mortgagee enter into any Lease (of all or any amendment or modification thereof) with any Person other than Leases permitted under Section 11.3 part of the IndenturePremises.
Appears in 1 contract