Common use of BEST EFFORTS TO MAXIMIZE Clause in Contracts

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.

Appears in 3 contracts

Samples: Facility Lease Agreement (Alterra Healthcare Corp), Facility Lease Agreement (Alternative Living Services Inc), Facility Lease Agreement (Alternative Living Services Inc)

AutoNDA by SimpleDocs

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class reputable business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.. 3.3

Appears in 2 contracts

Samples: Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\)

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class reputable business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.

Appears in 2 contracts

Samples: Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Emeritus Corp\wa\)

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class business operations. Subject to any applicable Legal Requirements, the members Lessee (and any manager of the Leasing Group Facility, if there is any manager) shall use their its best efforts to maximize the Facility's Gross Revenues.

Appears in 1 contract

Samples: Lease (Assisted Living Concepts Inc)

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and arid practices recognized in the assisted living industry as those customarily utilized by first class reputable business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.. 3.3

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

AutoNDA by SimpleDocs

BEST EFFORTS TO MAXIMIZE. The Lessee Borrower further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class reputable business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.

Appears in 1 contract

Samples: Loan Agreement (Emeritus Corp\wa\)

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class reputable business operations. Subject to any applicable Legal Requirements, the the. members of the ofthe Leasing Group shall use their best efforts to maximize the Facility's Gross Revenues.. 3.3

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

BEST EFFORTS TO MAXIMIZE. The Lessee further covenants that the operation of the Facility shall be conducted in a manner consistent with the prevailing standards and practices recognized in the assisted living industry as those customarily utilized by first class business operations. Subject to any applicable Legal Requirements, the members of the Leasing Group shall use their best efforts to maximize the Facility's Gross RevenuesRevenues for the purpose of maximizing earnings.

Appears in 1 contract

Samples: Facility Lease Agreement (Alternative Living Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.