Common use of Operation of the Security Clause in Contracts

Operation of the Security. The Trustor shall operate the Security (and, in case of a transfer of a portion of the Security subject to this Deed of Trust, the transferee shall operate such portion of the Security) in full compliance with the Loan Documents.

Appears in 16 contracts

Samples: Leasehold Deed of Trust, Deed of Trust, Deed of Trust and Security Agreement

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Operation of the Security. The Trustor shall operate the Security (and, in case of a transfer of a portion of the Security subject to this Deed of Trust, the transferee shall operate such portion of the Security) in full compliance with the Loan DocumentsNote and the Ground Lease.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Leasehold Deed of Trust, Assignment of Rents and Security Agreement

Operation of the Security. The Trustor shall agrees and covenants to operate the Security (and, in case of a permitted transfer of a portion of the Security subject to this Deed of TrustSecurity, the transferee shall operate such portion of the Security) in full compliance with the Loan Documentsthis Deed of Trust.

Appears in 1 contract

Samples: Disposition and Development Agreement

Operation of the Security. The Borrower Trustor shall operate the Security (and, in case of a transfer of a portion of the Security subject to this Deed of Trust, the transferee shall operate such portion of the Security) in full compliance with the Loan Documents.

Appears in 1 contract

Samples: Deed of Trust

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Operation of the Security. The Trustor shall operate the Security (and, in case of a transfer of a portion of the Security subject to this Deed of Trust, the transferee shall operate such portion of the Security) in full compliance with the Loan County Documents.

Appears in 1 contract

Samples: Deed of Trust

Operation of the Security. The Trustor shall operate the Security (and, in case of a transfer of a portion of the Security subject to this Leasehold Deed of Trust, the transferee shall operate such portion of the Security) in full compliance with the Loan Documents. Notwithstanding anything to the contrary, leases to tenants in accordance with the Regulatory Agreement shall not be considered a transfer of the any portion of the Security.

Appears in 1 contract

Samples: Subrecipient Agreement

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