Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral and the Properties.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (Hospitality Investors Trust, Inc.), Mezzanine a Loan Agreement (Hospitality Investors Trust, Inc.)
Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee Each Borrower and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties Property owned by such Borrower and comply with all Legal Requirements applicable to it, the Collateral it and the PropertiesProperty owned by such Borrower.
Appears in 2 contracts
Samples: Loan Agreement (Generation Income Properties, Inc.), Loan Agreement (Generation Income Properties, Inc.)
Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee Each Borrower and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral it and the Properties.
Appears in 2 contracts
Samples: Loan Agreement (W2007 Grace Acquisition I Inc), Loan Agreement (American Realty Capital Hospitality Trust, Inc.)
Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Each of Borrower and Operating Lessee and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral it and the Properties.
Appears in 2 contracts
Samples: Loan Agreement (Hospitality Investors Trust, Inc.), Loan Agreement (Hospitality Investors Trust, Inc.)
Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee Each of Borrower and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties Property and comply with all Legal Requirements applicable to it, the Collateral it and the PropertiesProperty.
Appears in 2 contracts
Samples: Loan Agreement (City Office REIT, Inc.), Loan Agreement (Bluerock Residential Growth REIT, Inc.)
Existence; Compliance with Legal Requirements. Each of Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee and each SPC Party and each Individual Owner shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral and the Properties.. Assumption Agreement (Mezzanine) Berkadia Loan No. 00-0000000 & 00-0000000
Appears in 1 contract
Samples: Assumption and Release Agreement (American Realty Capital Hospitality Trust, Inc.)
Existence; Compliance with Legal Requirements. Each of Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee and each SPC Party shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties Property and comply in all material respects with all Legal Requirements applicable to it, the Collateral it and the PropertiesProperty.
Appears in 1 contract
Existence; Compliance with Legal Requirements. Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee Each Borrower and each SPC Party shall (and each Borrower shall cause each Owner to) do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all existence, rights, licenses, permits, permits and franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral and the Properties.
Appears in 1 contract
Samples: Mezzanine Loan Agreement (Horizon Group Properties Inc)
Existence; Compliance with Legal Requirements. Each of Borrower, Leasehold Pledgor, each Individual Owner, each Operating Lessee and each SPC Party and each Individual Owner shall do or cause to be done all things necessary to preserve, renew and keep in full force and effect its existence and all rights, licenses, permits, franchises and all applicable governmental authorizations necessary for the operation of the Properties and comply with all Legal Requirements applicable to it, the Collateral and the Properties.
Appears in 1 contract
Samples: Assumption and Release Agreement (W2007 Grace Acquisition I Inc)
