Common use of Maintenance of Mortgaged Property Clause in Contracts

Maintenance of Mortgaged Property. Grantor will cause the Mortgaged Property to be used, occupied and operated in accordance with all applicable laws and rules, regulations and orders promulgated by all duly constituted authorities. Grantor will allow the Beneficiary and/or its authorized representatives to enter the Property at any reasonable time upon advance written notice to inspect the Property and Grantor's books and records pertaining thereto, and Grantor will reasonably assist the Beneficiary and said representatives in whatever way necessary to make such inspection.

Appears in 4 contracts

Samples: Deed of Trust and Security Agreement (Standard Gold), Deed of Trust and Security Agreement (Wits Basin Precious Minerals Inc), Deed of Trust and Security Agreement (Princeton Acquisitions Inc)

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Maintenance of Mortgaged Property. Grantor will cause the Mortgaged Property to be used, occupied and operated in accordance with all applicable laws and rules, regulations and orders promulgated by all duly constituted authorities. Grantor will allow the Beneficiary and/or or its authorized representatives representative to enter the Property at any reasonable time upon advance written notice to inspect the Property and Grantor's books and records pertaining thereto, and Grantor will reasonably assist the Beneficiary and or said representatives representative in whatever way necessary to make such inspection.

Appears in 1 contract

Samples: Asset Purchase Agreement (Standard Gold)

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