OPERATING COVENANTS OF OWNER Sample Clauses

OPERATING COVENANTS OF OWNER. 44 SECTION 7.01. Liens...............................................44 SECTION 7.02. Registration, Maintenance and Operation; Possession and Leases; Insignia..............45 SECTION 7.03. Replacement and Pooling of Parts; Alterations, Modifications and Additions..................51 SECTION 7.04. Insurance...........................................54 SECTION 7.05. Inspection..........................................60 SECTION 7.06. Filings; Delivery of Financial Statements...........61 SECTION 7.07. Termination as to Engines; Replacement..............62 SECTION 7.08. No Set-Off, Counterclaim, etc.......................62 ARTICLE VIII
Sample 1
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OPERATING COVENANTS OF OWNER. 44 SECTION 7.01. Liens.....................................44 SECTION 7.02. Registration, Maintenance and Operation; Possession and Leases; Insignia........45
Sample 1
OPERATING COVENANTS OF OWNER. 43 SECTION 7.01. Liens . . . . . . . . . . . . . . . . . . . 43 SECTION 7.02. Registration, Maintenance and Operation; Possession and Leases; Insignia . . . . . . 43
Sample 1

Related to OPERATING COVENANTS OF OWNER

  • COVENANTS OF OWNER Owner covenants and agrees, at its own cost and expense, with Note Holder and Mortgagee as follows:

  • COVENANTS OF LESSEE Lessee hereby covenants and agrees with Lessor as follows:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • COVENANTS OF TENANT Tenant covenants and agrees:

  • Negative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller shall not without the prior written consent of Buyer:

  • Affirmative Covenants of Seller On and as of the date hereof and each Purchase Date and until this Agreement is no longer in force with respect to any Transaction, Seller covenants that:

  • Covenants of Sellers Sellers agree that:

  • PRE-CLOSING COVENANTS OF SELLER Seller hereby covenants and agrees that, between the date hereof and the Closing, it will comply with the provisions of this Article IV, except to the extent Purchaser may otherwise consent in writing.

  • COVENANTS OF LANDLORD 23.1 Landlord covenants that it has the right to enter into this Lease, and that if Tenant shall perform timely all of its obligations hereunder, then, subject to the provisions of this Lease, Tenant shall during the Lease Term peaceably and quietly occupy and enjoy the full possession of the Premises (i.e., quiet enjoyment) without hindrance by Landlord, its employees or agents.

  • Covenants of Tenant Regarding Use Tenant shall (i) use and maintain the Leased Premises and conduct its business thereon in a safe, careful, reputable and lawful manner, (ii) comply with all laws, rules, regulations, orders, ordinances, directions and requirements of any governmental authority or agency, now in force or which may hereafter be in force, including without limitation those which shall impose upon Landlord or Tenant any duty with respect to or triggered by a change in the use or occupation of, or any improvement or alteration to, the Leased Premises, (iii) any protective covenants applicable to the Park which are in effect and as may hereafter be adopted and promulgated and (iv) comply with and obey all reasonable directions of the Landlord, including any rules and regulations that may be adopted by Landlord from time to time. Tenant shall not do or permit anything to be done in or about the Leased Premises or common areas which will in any way obstruct or interfere with the rights of other tenants or occupants of the Building or injure or annoy them. Landlord shall not be responsible to Tenant for the nonperformance by any other tenant or occupant of the Building of its lease or of any rules and regulations. Landlord agrees to enforce such rules and regulations in a non-discriminatory and uniform manner. Tenant shall not overload the floors of the Leased Premises. All damage to the floor structure or foundation of the Building due to improper positioning or storage of items or materials shall be repaired by Landlord at the sole expense of Tenant, who shall reimburse Landlord immediately therefor upon demand. Tenant shall not use the Leased Premises, or allow the Leased Premises to be used, for any purpose or in any manner which would invalidate any policy of insurance now or hereafter carried on the Building or increase the rate of premiums payable on any such insurance policy unless Tenant reimburses Landlord as Additional Rent for any increase in premiums charged. On or before the Commencement Date, Tenant shall take possession of, and, thereafter, continuously occupy the Leased Premises during the term of this Lease, and operate thereon the normal business operations of Tenant. Notwithstanding the foregoing, Tenant may vacate the Leased Premises during the term of this Lease provided (i) Tenant is not otherwise in default hereunder; (ii) Tenant continues to pay rent through the end of the term of the Leased Premises as defined herein, (iii) Tenant adequately secures the Leased Premises to prevent damage, destruction or vandalism to the Leased Premises; (iv) Tenant continues such utilities to the Leased Premises as will prevent any damage to the Leased Premises; (v) Tenant continues to provide insurance for the Leased Premises and Tenant pays any increased premium resulting from a lack of a tenant in the Leased Premises.

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