Use and Maintenance of Premises. Manager agrees that it will not knowingly permit the use of the Property for any purpose that might void any insurance policy held by Owner or that might render any loss thereunder uncollectible, or that would be in violation of Governmental Requirements, or any covenant or restriction of any lease of the Property. Manager shall use its good faith efforts to secure substantial compliance by the tenants with the terms and conditions of their respective leases. All costs of correcting or complying with, and all fines payable in connection with, all orders or violations affecting the Property placed thereon by any governmental authority or Board of Fire Underwriters or other similar body shall be at the cost and expense of Owner.
Use and Maintenance of Premises. Manager agrees that it will not knowingly permit the use of the Project for any purpose which might void any policy of insurance held by Owner or which might render any loss thereunder uncollectible, or which would be in violation of any government restriction or any covenant or restriction of any lease of the Project. Manager shall use its good faith efforts to secure substantial compliance by the tenants with the terms and conditions of their respective leases.
Use and Maintenance of Premises. The Cooperating Entity shall assure that the Premises shall be forever used, operated and maintained as prescribed in this Agreement and all applicable laws, including without limitation Title 5, M.R.S. Section 6200 et seq., as amended and augmented by [insert bond statutory reference, i.e. P.L. 2009 c. 645, Sec. J or P.L. 2011 c. 696]. Permits and licenses necessary for the implementation of this Agreement or use of the Premises shall be obtained and complied with by the Cooperating Entity. All costs of acquisition or implementation of the Project and ownership and management of the Premises shall be paid by the Cooperating Entity, except as to the cost share to be provided by LMFB as specified herein. The Cooperating Entity shall ensure that appropriate signage is established and maintained on the Premises in a prominent location to acknowledge the support of the Lands for Maine’s Future Program.
Use and Maintenance of Premises. The Cooperating Entity shall assure that the Protected Property shall be forever used, operated and maintained as prescribed in the Conservation Easement and this Agreement and all applicable laws, including without limitation Title 5, M.R.S. Section 6200 et seq., as amended and augmented by [insert bond statutory reference, i.e. P.L. 2009 c. 645, Sec. J or P.L. 2011 c. 696]. Permits and licenses necessary for the implementation of this Agreement or use of the Protected Property shall be obtained and complied with by the Cooperating Entity. All costs of acquisition or implementation of the Project and ownership and management of the Conservation Easement shall be paid by the Cooperating Entity, except as to the cost share to be provided by LMFB as specified herein. The Cooperating Entity shall ensure that appropriate signage is established and maintained on the Protected Property subject to the Conservation Easement in a prominent location to acknowledge the support of the Lands for Maine’s Future Program.
Use and Maintenance of Premises. Manager agrees to use reasonable efforts not to permit the use of the Premises for any purpose which might void any policy of insurance held by the Venture or Manager or render any loss thereunder uncollectible, or which would be in violation of any law, ordinance, by-law or governmental or other restrictions.
Use and Maintenance of Premises. Property Manager agrees not to knowingly permit the use of the Properties for any purpose which might void any policy of insurance held by Owner or which might render any loss thereunder uncollectible or serve as a defense to a claim brought thereunder, or which would be in violation of any Legal Requirement including, but not limited to, violation of any environmental laws, and Property Manager shall routinely monitor each Property for such violations.
Use and Maintenance of Premises. Industry shall at all times, and at its sole risk and expense, maintain, or cause to be maintained, the Premises, Track and all Facilities and Equipment (if any) in a safe and satisfactory condition, in compliance with all applicable Laws and in a condition satisfactory to Railroad. Industry shall not cause, permit, commit, or maintain any waste or nuisance in, on or about the Premises.
Use and Maintenance of Premises. Manager agrees that it will not lmowingly permit the use of the Property for any purpose that might void any insurance policy held by Owner or that might render any loss thereunder uncollectible, or that would be in violation of Governmental Requirements, or any covenant or restriction of any lease of the Property. Manager shall use its good faith efforts to secure substantial compliance by the tenants with the 8
Use and Maintenance of Premises. Manager agrees to use best efforts not to permit the use of the commercial portion of the Premises for any purpose which might void any policy of insurance held by Owner or Manager or render any loss thereunder uncollectible, or which would be in violation of any law, ordinance, bylaw or governmental or other restrictions. It shall be the duty of Manager at all times during the term of this Agreement to operate and maintain the commercial portion of the Premises in a first-class manner consistent with the expressed plan of Owner and the budgetary constraints set by Owner. Full compliance by the commercial tenants with the terms and conditions of their respective leases shall be pursued, and to this end, Manager shall see that all commercial tenants are informed with respect to rules, regulations and notices contained therein. Manager shall be expected to perform such other acts and deeds as are reasonable, necessary and proper in the discharge of its duties under this Agreement.
Use and Maintenance of Premises. Property Manager shall employ its best efforts to develop, operate and maintain the Property in a manner (referred to herein as the "Management Standard") consistent with (i) first class standards (consistent with the Business Plan); (ii) prudent business and management practices applicable to the development, operation, management and maintenance of the Property; and (iii) the requirements of any deeds of trust, certificates of occupancy, permits, licenses, consents or other recorded or unrecorded agreements now or hereafter affecting the Property or as required by the limited partnership agreement (collectively referred to herein as the "Key Documents"). Property Manager shall use all contacts, discount programs and cost-savings measures at its disposal to obtain services, products and tax and insurance rates for the Property at the lowest cost, without sacrificing the quality of such services or products. Property Manager shall perform such other acts and deeds as are reasonable, necessary and proper in the discharge of its duties under this Agreement. Property Manager may with prior written approval of Owner obtain goods or services for the Property from direct or indirect affiliates of Property Manager, its officers, directors, shareholders or employees, but only if such goods and services are of at least equal quality and of no higher prices than comparable goods and services obtainable from unaffiliated parties and such goods and services are otherwise competitive with comparable goods and services.
