Preservation of Agreements. Mortgagor shall preserve and keep in full force and effect all agreements, approvals, permits and licenses necessary for the development, use and operation of the Mortgaged Property for its intended purpose or purposes.
Appears in 4 contracts
Samples: Assignment of Rents and Security Agreement (Ivax Diagnostics Inc), Construction Loan Agreement (Plasma Therm Inc), Rents and Security Agreement (Plasma Therm Inc)
Preservation of Agreements. Mortgagor shall comply with and timely abide by, and shall preserve and keep in full force and effect all agreements, leases, approvals, permits and licenses benefitting, affecting or encumbering the Mortgaged Premises, or which are necessary for the development, use and operation of the Mortgaged Property Premises for its intended purpose or purposes. 36.
Appears in 1 contract
Samples: Security Agreement and Notice and Agreement (South Seas Properties Co LTD Partnership)