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.
Appears in 7 contracts
Samples: Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Senior Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)
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.
Appears in 4 contracts
Samples: Mezzanine B Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine a Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine C Loan Agreement (Ashford Hospitality Trust Inc)