Use Violations. Borrower will not use, maintain, operate or occupy, or allow the use, maintenance, operation or occupancy of, the Property in any manner which (a) violates any Laws; (b) may be dangerous, unless safeguarded as required by Law and/or appropriate insurance; (c) constitutes a public or private nuisance; or (d) makes void, voidable or cancellable, or increases the premium of, any insurance then in force with respect thereto.
Appears in 3 contracts
Samples: Loan Agreement (Whitestone REIT), Loan Agreement (RREEF Property Trust, Inc.), Loan Agreement (New York City REIT, Inc.)
Use Violations. Borrower will not use, maintain, operate or occupy, or allow the use, maintenance, operation or occupancy of, the Property in any manner which (ai) violates any Laws; (bii) may be dangerous, unless safeguarded as required by Law and/or appropriate insurance; (ciii) constitutes a public or private nuisance; or (div) makes void, voidable or cancellable, or increases the premium of, any insurance then in force with respect thereto.
Appears in 2 contracts
Samples: Loan Agreement (Strategic Student & Senior Housing Trust, Inc.), Loan Agreement (RREEF Property Trust, Inc.)
Use Violations. Borrower will not use, maintain, operate operate, or occupy, or allow the use, maintenance, operation operation, or occupancy of, the Mortgaged Property in any manner which (ai) violates any Laws; Legal Requirement, (bii) may be dangerous, dangerous unless safeguarded as required by Law law and/or appropriate insurance; , (ciii) constitutes a public or private nuisance; , or (div) makes void, voidable voidable, or cancellable, or increases the premium of, any insurance then in force with respect thereto.
Appears in 1 contract
Samples: Deed of Trust (Behringer Harvard Short Term Opportunity Fund I Lp)
Use Violations. Borrower will not use, maintain, operate operate, or occupy, or allow the use, use maintenance, operation operation, or occupancy of, the Mortgaged Property in any manner which (ai) violates any Laws; Legal Requirements, (bii) may be dangerous, unless safeguarded as required by Law law and/or appropriate insurance; , (ciii) constitutes constitute a public or private nuisance; , or (div) makes void, voidable voidable, or cancellable, or increases the premium of, any insurance then in force with respect thereto.
Appears in 1 contract
