Common use of Conduct of its Business Clause in Contracts

Conduct of its Business. The Lessee will maintain, and cause any Sublessee and any Manager to maintain, experienced and competent professional management with respect to its business and with respect to the Leased Property. The Lessee, any Sublessee and any Manager shall conduct, in the ordinary course, the operation of the Facility, and the Lessee and any Sublessee shall not enter into any other business or venture during the Term or such time as the Lessee or any Sublessee is in possession of the Leased Property.

Appears in 4 contracts

Samples: Development Agreement (Standish Care Co), Facility Lease Agreement (Carematrix Corp), Development and Turnkey Services Agreement (Standish Care Co)

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Conduct of its Business. The Lessee will maintain, and cause any Sublessee and any Manager Manager, as applicable, to maintain, experienced and competent professional management with respect to its business and with respect to the Leased Property. The Lessee, any Sublessee and any Manager shall conduct, in the ordinary course, the operation of the Facility, and the Lessee and any such Sublessee shall not enter into any other business or venture during the Term or such time as the Lessee or any such Sublessee is in possession of the Leased Property.

Appears in 3 contracts

Samples: 102 Facility Lease Agreement (Carematrix Corp), Facility Lease Agreement (Carematrix Corp), Facility Lease Agreement (Carematrix Corp)

Conduct of its Business. The Lessee will maintain, and cause any Sublessee and any Manager to maintain, experienced and competent professional management with respect to its business and, from and after the Conversion Date, with respect to the Leased Property. The Lessee, any Sublessee and any Manager shall conduct, in the ordinary course, the operation of the Facility, and the Lessee and any Sublessee shall not enter into any other business or venture during the Term or such time as the Lessee or any Sublessee is in possession of the Leased Property.

Appears in 1 contract

Samples: Facility Lease Agreement (Balanced Care Corp)

Conduct of its Business. The Lessee will maintain, and cause any Sublessee (other than Deaconess) and any Manager Manager, as applicable, to maintain, experienced and competent professional management with respect to its business and with respect to the Leased Property. The Lessee, any Sublessee (other than Deaconess) and any Manager shall conduct, in the ordinary course, the operation of the Facility, and the Lessee and any such Sublessee shall not enter into any other business or venture during the Term or such time as the Lessee or any such Sublessee is in possession of the Leased Property.

Appears in 1 contract

Samples: 103 Facility Lease Agreement (Carematrix Corp)

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Conduct of its Business. The Lessee will maintain, and cause any Sublessee and any Manager to maintain, experienced and competent professional management with respect to its business and with respect to the Leased Property. The Lessee, any Sublessee and any Manager shall conduct, in the ordinary course, the operation of the Facility, and the Lessee and any Sublessee shall not enter into any other business or venture during the Term Term, or such time as the Lessee or any Sublessee is in possession of the Leased Property.

Appears in 1 contract

Samples: Management Agreement (Capital Senior Living Corp)

Conduct of its Business. The Lessee will maintain, and cause any Sublessee and any Manager to maintain, experienced and competent professional management with respect to its business and with respect to the Leased Property. The Lessee, any Sublessee and any Manager shall conduct, in the ordinary course, the operation of the ofthe Facility, and the Lessee and any Sublessee which is an Affiliate of Lessee shall not enter into any other business or venture during the Term or such time as the Lessee or any such Sublessee is in possession of the Leased Property.Property other than activities in which Lessee or 61

Appears in 1 contract

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

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