O&M Program. Borrower hereby represents and warrants that it has, as of the date hereof, complied in all material respects with the O&M Program attached as Schedule XVI to the Loan Agreement. Borrower hereby covenants and agrees that, during the Term, including any extension or renewal thereof, Borrower shall comply in all material respects with the terms and conditions of the O&M Program.
Appears in 2 contracts
Sources: Loan Modification Agreement (Hospitality Investors Trust, Inc.), Loan Modification Agreement (Hospitality Investors Trust, Inc.)
O&M Program. Borrower hereby represents and warrants that it ▇▇▇▇▇▇▇▇ has, as of the date hereof, complied in all material respects with the O&M Program attached as Schedule XVI to the Loan AgreementProgram. Borrower hereby covenants and agrees that, during the Termterm of the Loan, including any extension or renewal thereof, Borrower shall comply in all material respects with the terms and conditions of the O&M Program.
Appears in 2 contracts
Sources: Loan Agreement (Silver Star Properties Reit, Inc), Junior Loan Agreement (Silver Star Properties Reit, Inc)
O&M Program. Borrower hereby represents and warrants that it attached hereto as Schedule XVI is a true and complete copy of each of the Operations and Maintenance Plans in respect of the Properties described therein (collectively, the “O&M Program”), and Borrower has, as of the date hereof, complied in all material respects with the O&M Program attached as Schedule XVI to the Loan AgreementProgram. Borrower hereby covenants and agrees that, during the Term, including any extension or renewal thereof, Borrower shall comply in all material respects with the terms and conditions of the O&M Program.
Appears in 1 contract
Sources: Loan Agreement (American Realty Capital Hospitality Trust, Inc.)