Common use of Operate in Ordinary Course Clause in Contracts

Operate in Ordinary Course. Each Borrower Party shall operate its business in the ordinary course consistent with prudent business practices for a company similarly situated in the industry in which such Borrower Party conducts its business.

Appears in 4 contracts

Sources: Forbearance Agreement (Summit Hotel Properties, LLC), Forbearance Agreement (Summit Hotel Properties, LLC), Forbearance Agreement (Summit Hotel Properties, LLC)