Legal and Insurance Requirements. 15 8.1 Compliance with Legal and Insurance Requirements...................................... 15 8.2
Legal and Insurance Requirements. (a) The Mortgagor represents and warrants that (i) as of the date hereof, the Property and the use and operation thereof comply in all material respects with all Legal Requirements and Insurance Requirements; (ii) there is no material default under any Legal Requirement or Insurance Requirement; and (iii) the execution, delivery and performance of this Mortgage will not contravene in any material respect any provision of or constitute a material default under any Legal Requirement or Insurance Requirement.
Legal and Insurance Requirements. (a) The Mortgagor represents and warrants that as of the date hereof, (i) to the best of the Mortgagor's knowledge, (x) the Property and the use and operation thereof comply with all Insurance Requirements and all material Legal Requirements, and (y) there is no default under any Legal Requirement or Insurance Requirement which would have a material adverse effect on the use or operation of the Property, and (ii) the execution, delivery and performance of this Mortgage will not contravene any provision of or constitute a default under any Legal Requirement or Insurance Requirement.
Legal and Insurance Requirements. (a) The Grantor represents and warrants that (i) as of the date hereof, the Property and the use and operation thereof comply in all material respects with all Legal Requirements and Insurance Policies; (ii) there is no material default under any Legal Requirement or Insurance Policy; and (iii) the execution, delivery and performance of this Deed of Trust will not contravene in any material respect any provision of or constitute a default under any Legal Requirement or Insurance Policy.
Legal and Insurance Requirements. Lessee agrees not to use or keep or allow the Demised Premises or any portion thereof to be used or occupied for any unlawful purpose or in violation of any certificate of occupancy or certificate of compliance covering or affecting the use of the Demised Premises or any portion thereof, and will not suffer any act to be done or any condition to exist on the Demised Premises or any portion thereof, or any article to be brought thereon, which may be dangerous, unless safeguarded as required by law, or which may, in law, constitute a nuisance, public or private or which may make void or voidable any insurance issued by Lessor's insurance company then in force on the Demised Premises or the Building.
Legal and Insurance Requirements. 61 ARTICLE 7 SUBORDINATION.......................................................................................... 63
Legal and Insurance Requirements. Section 6.1 Subject to the terms of this Article 6, Tenant, at its sole cost and expense, shall comply with all Requirements applicable to the Premises including, without limitation, (i) Requirements that are applicable to the performance of Alterations by Tenant (or any other Permitted Occupant), (ii) Requirements that become applicable by reason of Alterations having been performed by Tenant (or another Permitted Occupant), and (iii) Requirements that are applicable by reason of the specific nature or type of business operated by Tenant (or another Permitted Occupant) in the Premises. Tenant shall not be under any obligation to make any Alteration to the structure of the Building or to the Building Systems in either case to comply with any Requirement unless (a) such Alteration is required by reason of Alterations having been performed by Tenant (or another Permitted Occupant) in a Tenant Area, or (b) such Alteration is required by reason of the specific nature of the use of such Tenant Area by Tenant (or another Permitted Occupant) (as opposed to the use of such Tenant Area for mere general office purposes). Tenant shall not do or permit to be done any act or thing upon the Premises which is not permitted by this Lease or will invalidate or be in conflict with an industry-standard "all-risk" insurance policy (which does not prohibit the use of the Premises for ordinary office purposes); and shall not do anything, or permit anything to be done, in or upon the Premises, or bring or keep anything therein, except as now or hereafter permitted by the New Xxxx Xxxx Xxxx Xxxxxxxxxx, Xxx Xxxx Xxard of Fire Underwriters, the Insurance Services Office or other authority having jurisdiction. Nothing contained in this Section 6.1 limits Landlord's obligation to perform the Work in compliance with applicable Requirements in accordance with Article 22 hereof.
Legal and Insurance Requirements. (a) The Mortgagor represents and warrants that, other than Legal Requirements and Insurance Requirements which are being contested pursuant to Section 2.07, (i) as of the date hereof, the Property and the use and operation thereof comply, in all material respects, with all Legal Requirements and Insurance Requirements; (ii) there is no material default under any Legal Requirement or Insurance Requirement; and (iii) the execution, delivery and performance of this Mortgage do not require any consent under, and will not contravene any provision of or constitute a material default under, any Legal Requirement or Insurance Requirement.
Legal and Insurance Requirements. (a) Borrower represents and warrants that as of the Mortgage Closing Date, (i) the Mortgaged Property and the use and operation thereof will comply, in all material respects, with all Legal Requirements and Insurance Requirements, (ii) to the actual knowledge of Borrower, there will be no material default under any Legal Requirement or Insurance Requirement, and (iii) the execution, delivery and performance of the Mortgage with respect to the Mortgaged Property will not contravene any provision of or constitute a violation of any Legal Requirement or Insurance Requirement the result of which failure to comply would reasonably be expected to have a Material Adverse Effect.
Legal and Insurance Requirements. The Tenant agrees to procure and keep in effect during the term hereof, public liability and property damage insurance in the sum of $500,000.00 as a combined single limit for bodily injury claims resulting from any one occurrence. The Tenant shall be responsible for all property damage caused by tenant. The Tenant is responsible for providing or ensuring that all participants staff and volunteers are covered by health and accident insurance. The Tenant agrees to pay repair or replacement cost for any damage, other than that occurring as a result of normal wear and tear to buildings or equipment, done or caused by the Tenant, the Tenant’s agents, servants, guests, licensees, or students. The Tenant shall keep, save and hold harmless Lions Bear Lake Camp from any and all damages and liability for anything and everything whatever arising from, or out of the occupancy, by or under, the Tenant, the Tenant’s agents, servants, guests, licensees or students and from any loss or damage arising from any fault or negligence by the Tenant, or any failure on the tenant’s part to comply with any of the covenants, terms and conditions contained in the agreement, or to provide supervision or otherwise.
