Common use of Operations and Maintenance Program Clause in Contracts

Operations and Maintenance Program. Each Borrower that owns an Individual Property identified on Schedule VII shall implement, within no more than ninety (90) days after the Closing Date, and diligently comply in all respects with, the terms, conditions and requirements of an operations and maintenance program, all in accordance with the terms of the applicable O&M Agreements. Each operations and maintenance program adopted by each such Borrower, as aforesaid, shall be in compliance with all applicable Legal Requirements and shall be subject to the reasonable approval of Lender. Each such Borrower shall comply with the recommendations identified in each Phase I environmental assessment for each such Borrower’s Individual Property.

Operations and Maintenance Program. Each Borrower that owns an Individual Property identified on Schedule VII 5.1.23 shall implement, within no more than ninety (90) days after the Closing Date, and diligently comply in all respects with, the terms, conditions and requirements of an operations and maintenance program, all in accordance with the terms of the applicable O&M Agreements. Each operations and maintenance program adopted by each such Borrower, as aforesaid, shall be in compliance with all applicable Legal Requirements and shall be subject to the reasonable approval of Lender. Each such Borrower shall comply with the recommendations identified in each Phase I environmental assessment for each such Borrower’s Individual Property.