Performance Under Leases. Borrower or a Facility Operator, as applicable, will timely perform all of the obligations of such party under all Leases of the Facility or any Mortgaged Property.
Performance Under Leases. Perform, or cause their agents to perform, all obligations of landlord or lessor under the Leases.
Performance Under Leases. Mortgagor covenants that it shall, at its sole cost and expense, (a) duly and punctually perform and discharge, or cause to be performed and discharged, all of the obligations and undertakings of Mortgagor or its agents under the Leases, (b) use its best efforts to enforce or secure, or cause to be enforced or secured, the performance of each and every obligation and undertaking of the respective tenants under the Leases, (c) promptly notify Mortgagee if Mortgagor receives any notice from a tenant claiming that Mortgagor is in default under a Lease and (d) appear in and defend any action or proceeding arising under or in any manner connected with the Leases.
Performance Under Leases. The Seller will perform all material obligations of landlord or lessor under the Leases, including any condition for a tenant's or lessee's occupancy of any Facility.
Performance Under Leases. Borrower shall observe and perform all of the covenants, terms, conditions and agreements contained in the Leases to be observed or performed by the lessor thereunder, and Borrower shall not do or suffer to be done anything to impair the security thereof. Borrower shall not (i) release the liability of any Lessee under any Lease or any guaranty thereof, (ii) consent to any Lessee’s withholding of rent or making monetary advances and off-setting the same against future rentals, except in the ordinary course of such transient guest Leases, (iii) consent to any Lessee’s claim of a total or partial eviction, (iv) consent to a termination or cancellation of any Lease, except as specifically provided above or in such Lease, or (v) enter into any oral leases or orally amend or modify any Lease with respect to all or any portion of the Property;
Performance Under Leases. Notwithstanding the security interest granted to the Bank under this Article VI or any other provision of this Agreement, the Borrower hereby agrees that it (or a Designated Lessor) is and will remain responsible for the performance of all duties as lessor with respect to each Lease and each Railcar and all equipment and other personal property subject to each Lease and the Bank shall have no duty or obligation to perform any duty or obligation of Borrower (or any Designated Lessor) as lessor under any Lease or with respect to any Railcar or any equipment or other personal property subject to any Lease.
Performance Under Leases. Seller agrees that it will continue to perform all of its obligations as landlord under all Leases and shall, immediately upon obtaining knowledge of a material change in facts or circumstances which renders any information contained on the Rent Rolls inaccurate, promptly notify Purchaser of said facts or circumstances.
Performance Under Leases. Subject to Section 6.03 hereof, the accuracy (to the extent relevant in a given case) of Section 2.07 hereof, and the terms and conditions of the Leases, Buyer agrees that after the Closing Date it will, or will cause the Company to, honor the terms of the Leases in effect on such date.
Performance Under Leases. Seller will perform its obligations under, and keep in good standing, all leases to which Seller is a party and which will be assigned to Buyer at the Closing pursuant to this Agreement.
Performance Under Leases. Mortgagor shall, at its sole cost and expense: (i) perform and discharge, or cause to be performed and discharged, all of its obligations and undertakings (and those of its agents) under the leases; (ii) consistent with Mortgagor's good business judgment and best efforts to secure or enforce, or cause to be secured or enforced, the performance of each and every obligation and undertaking of the tenants under the leases; (iii) promptly notify Mortgagee if Mortgagor receives any notice from a tenant under a lease claiming that Mortgagor is in default thereunder; and (iv) appear in and defend any action or proceeding arising under or in any manner connected with any lease.
