Common use of Compliance with Leases Clause in Contracts

Compliance with Leases. Mortgagor shall comply with all Leases and ------------------------ shall notify Mortgagee if Mortgagor is unable to do so or determines that it will be unable to do so for any significant terms. Mortgagee may do whatever it determines is necessary to insure that all Leases continue in effect whenever Mortgagee determines that Mortgagor is or may be unable to perform any significant term of the Leases. 5.3

Appears in 3 contracts

Samples: Leasehold Mortgage, Security Agreement (Emeritus Corp\wa\), Leasehold Mortgage, Security Agreement (Emeritus Corp\wa\), Emeritus Corp\wa\

AutoNDA by SimpleDocs

Compliance with Leases. Mortgagor shall comply with all Leases and ------------------------ shall notify Mortgagee if Mortgagor is unable to do so or determines that it will be unable to do so for any significant terms. Mortgagee may do whatever it determines is necessary to insure that all Leases continue in effect whenever Mortgagee determines that Mortgagor is or may be unable to perform any significant term of the Leases. 5.3.

Appears in 2 contracts

Samples: Iatros Health Network Inc, Iatros Health Network Inc

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