Common use of Operation of Mortgaged Property Clause in Contracts

Operation of Mortgaged Property. Borrower shall cause the operation of each Mortgaged Property to be conducted at all times in a manner consistent with at least the level of operation of such Mortgaged Property as of the Closing Date, including, without limitation, the following:

Appears in 14 contracts

Samples: Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc), Loan Agreement (Affordable Residential Communities Inc)

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Operation of Mortgaged Property. Borrower shall cause the operation of each the Mortgaged Property to be conducted at all times in a manner consistent with at least the level of operation of such Mortgaged Property as of the Closing Date, including, without limitation, the following:

Appears in 6 contracts

Samples: Loan Agreement (Great Wolf Resorts, Inc.), Loan Agreement (Great Wolf Resorts, Inc.), Loan Agreement (Digital Realty Trust, Inc.)

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Operation of Mortgaged Property. Borrower shall cause the operation of each the Mortgaged Property to be conducted at all times in a manner consistent with at least the level of operation of such the Mortgaged Property as of the Closing Date, including, without limitation, the following:

Appears in 5 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Great Wolf Resorts, Inc.)

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