Common use of O&M Program Clause in Contracts

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each O&M Program for the Properties during the term of the Loan, including any extension or renewal thereof. Lender’s requirement that Borrower comply with each O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 4 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties each applicable Property during the term of the Loan, including any extension or renewal thereof. Lender’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) Substances or Environmental Laws.

Appears in 3 contracts

Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties Property during the term of the Loan, including any extension or renewal thereof. LenderLxxxxx’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 3 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Necessity Retail REIT, Inc.), Loan Agreement (Healthcare Trust, Inc.)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties each applicable Property during the term of the Loan, including any extension or renewal thereof. Lender’s 's requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s 's covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) Substances or Environmental Laws.

Appears in 2 contracts

Samples: Loan Agreement (U-Store-It Trust), Loan Agreement (U-Store-It Trust)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties Property during the term of the Loan, including any extension or renewal thereof. Lender’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials Substances (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 2 contracts

Samples: Loan Agreement (American Realty Capital New York City REIT, Inc.), Loan Agreement (American Realty Capital New York City REIT, Inc.)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program (or cause Tenant to do the same) for the Properties each Individual Property set forth on Schedule VI hereof during the term of the Loan, including any extension or renewal thereof. Lender’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 2 contracts

Samples: Loan Agreement (Cole Credit Property Trust II Inc), Loan Agreement (Spirit Realty Capital, Inc.)

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O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties Property during the term of the Loan, including any extension or renewal thereof. LenderXxxxxx’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 1 contract

Samples: Loan Agreement (Healthcare Trust, Inc.)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties during the term of the Loan, including any extension or renewal thereof, for each Individual Property set forth on Schedule V attached hereto. Lender’s requirement that Borrower comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) or Environmental Laws.

Appears in 1 contract

Samples: Loan Agreement (Spirit Finance Corp)

O&M Program. Borrower covenants and agrees to implement and follow the terms and conditions of each the O&M Program for the Properties Property during the term of the Loan, including any extension or renewal thereofhereof. Lender’s requirement that Borrower develop and comply with each the O&M Program shall not be deemed to constitute a waiver or modification of any of Borrower’s covenants and agreements with respect to Hazardous Materials (as defined in the Environmental Indemnity) Substances or Environmental Laws.

Appears in 1 contract

Samples: Loan Agreement (Broad Street Realty, Inc.)

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