Common use of Business and Operations Clause in Contracts

Business and Operations. Borrower will cause Mortgage Borrower to qualify to do business and will remain in good standing under the laws of the States as and to the extent the same are required for the ownership, maintenance, management and operation of the Properties.

Business and Operations. Borrower will cause Mortgage Borrower and Operating Lessee to qualify to do business and will remain in good standing under the laws of the States as and to the extent the same are required for the ownership, maintenance, management and operation of the Properties.