Common use of Performance of Replacements Clause in Contracts

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 11 contracts

Samples: Loan Agreement (RREEF Property Trust, Inc.), Mezzanine Loan Agreement, Loan Agreement (Wheeler Real Estate Investment Trust, Inc.)

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Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable similar properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 10 contracts

Samples: Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc), Loan Agreement (Behringer Harvard Reit I Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the applicable Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 7 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (Strategic Storage Trust II, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable first class, full service retail properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 4 contracts

Samples: Junior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc), Senior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Real Estate Corp)

Performance of Replacements. (ag) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable office properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 4 contracts

Samples: Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Highlands REIT, Inc.), Loan Agreement (Inland American Real Estate Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable first class, full service office properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 4 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (Republic Property Trust), Loan Agreement (Maguire Properties Inc)

Performance of Replacements. (a) Borrower shall make make, or shall cause to be made, Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the applicable Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 3 contracts

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

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable similar properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 3 contracts

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

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 3 contracts

Samples: Loan Agreement (Global Net Lease, Inc.), Loan Agreement (New York REIT, Inc.), Loan Agreement (Sun Communities Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties hotels with the same class of service in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 3 contracts

Samples: Property Management Agreement (Sunstone Hotel Investors, Inc.), Property Management Agreement (Sunstone Hotel Investors, Inc.), Property Management Agreement (Sunstone Hotel Investors, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deterioratingdeteriorating (other than ordinary wear and tear), unless a Tenant is required to make such Replacements pursuant to the terms of its Lease. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (W. P. Carey Inc.), Loan Agreement (Net Lease Office Properties)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment and under the same franchisor in the metropolitan geographic area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, mixed use retail and self-storage facilities in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Building Loan Agreement (Acadia Realty Trust), Building Loan Agreement (Acadia Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment and under the same franchisor in the metropolitan geographic area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in good condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is locatedrepair, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Strategic Hotels & Resorts, Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties of type, quality and size in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete or cause to be completed all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties the condition and repair such retail banking property was in on the same market segment in the metropolitan area in which the Property is locatedClosing Date, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan and Security Agreement (KBS Real Estate Investment Trust, Inc.), Loan and Security Agreement (American Financial Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment and under the same franchisor in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 2 contracts

Samples: Loan Agreement (Felcor Lodging Trust Inc), Loan Agreement (Felcor Lodging Trust Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment and under the same franchisor in the metropolitan area in which the respective Property is located, and to keep the each Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Agreement (Felcor Lodging Trust Inc)

Performance of Replacements. (d) . (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, self-storage facilities in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Building Loan Agreement (Acadia Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties hotels in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Performance of Replacements. (a) Borrower shall make or cause to be made Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class offices and warehouses in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deterioratingdeteriorating in any material respect. Borrower shall complete or cause to be completed all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Cole Credit Property Trust II Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties hotels in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Management Agreement (Wyndham International Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service hotel in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable commercially reasonable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Gramercy Capital Corp)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in good condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable first class, full service retail properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property Properly or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service retail shopping centers in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in good condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deterioratingdeteriorating consistent with the requirements of the Management Agreement. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Hilton Worldwide Holdings Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Performance of Replacements. (a) Borrower and Property Owner shall make Replacements each Replacement when required in order to keep the each Individual Property in good order, condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is locatedrepair, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable practicable, subject to force majeure delay, following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Management Agreement (ESH Hospitality LLC)

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Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties similar to the Property in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Netreit, Inc.)

Performance of Replacements. (a) Borrower a)Borrower shall make Replacements when required in order to keep the each Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the such Property is located, and to keep the such Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Amerco /Nv/)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable multifamily properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Inland American Real Estate Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service office centers in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable first class, full service hotel properties in the same market segment and under the same franchisor in the metropolitan area in which the respective Individual Property is located, as may be required from time to time by the applicable Franchisor pursuant to the applicable Franchise Agreement, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable first class, office properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Highlands REIT, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable similar retail properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment and under the same franchisor in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Felcor Lodging Trust Inc)

Performance of Replacements. (a1) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, full service retail shopping centers in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Acadia Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties limited-service hotels of a similar class in the same market segment and under the same franchisor in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Summit Hotel Properties LLC)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the applicable Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.. 63

Appears in 1 contract

Samples: Loan Agreement (Strategic Storage Trust IV, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when reasonably required in order to keep the Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as is reasonably practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (City Office REIT, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable properties first class, self-storage facilities in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Building Loan Agreement (Acadia Realty Trust)

Performance of Replacements. (a) Borrower Borrowers shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable first class, full service multifamily properties in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower Borrowers shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Grove Property Trust)

Performance of Replacements. (a) Borrower shall make make, or shall cause to be made, Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties in the same market segment in the metropolitan area in which the applicable Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.. 108

Appears in 1 contract

Samples: Loan Agreement (Necessity Retail REIT, Inc.)

Performance of Replacements. (ad) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable similar retail properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties first class, full service limited service hotels in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Inland American Real Estate Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable first class, full service office/industrial/manufacturing properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Inland American Real Estate Trust, Inc.)

Performance of Replacements. (a) Borrower shall make Replacements --------------------------- when required in order to keep the each Individual Property in condition and repair consistent with other comparable properties first class, full service hotels in the same market segment in the metropolitan area in which the respective Individual Property is located, and to keep the each Individual Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Performance of Replacements. (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other comparable first class properties of the same use, in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

Appears in 1 contract

Samples: Loan Agreement (AmREIT, Inc.)

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