Operating Covenant. Tenant shall manage and operate the Premises, or cause them to be managed and operated, as a liquid bulk storage, handling and transport facility, in a manner consistent with the manner and standard by which comparable facilities are managed and operated, and shall perform maintenance and capital improvements necessary to maintain the Premises in a manner comparable to that in which comparable facilities are maintained. Tenant shall operate the facilities in a commercially reasonable manner, and in accordance therewith, shall conduct its operations with commercially reasonable frequency.
Appears in 2 contracts
Sources: Permit Agreement, Permit Agreement