Maintenance of the Properties. At any time and from time to time, Grantor may elect to abandon any part or parts of the Properties that it no longer desires to maintain.
Maintenance of the Properties. 5.1. While this Contract is effective, it will be the responsibility of RCR to perform all the actuations that mining legislation contemplates destined to the defense of the Properties from all actions of third parties that pretend to obtain their expiration or extinction or overlapping, RCR being obliged to take charge only while this contract is effective, of the full and timely payment of the claim fees to which the Properties are liable, under its exclusive cost and responsibility, as well as any cost related with the maintenance and protection of the Properties, without any charge to the Offeror, nor for which restitution can be claimed, nor impute to the price of the purchase sale agreed.
Maintenance of the Properties. With respect to each Property: (a) Borrower shall cause the Property to be maintained in a good and safe condition and repair. The Improvements and the Personal Property shall not be removed, demolished or materially altered (except for normal replacement of the Personal Property) without the prior written consent of Lender. Borrower shall promptly comply with all laws, orders and ordinances affecting the Property, or the use thereof, subject to Borrower's right to contest the same as provided in this Agreement. Borrower shall promptly repair, replace or rebuild any part of the Property which may be destroyed by any casualty, or become damaged, worn or dilapidated, or which may be affected by any proceeding of the character referred to in Sections 4.3 and 4.8 hereof, and shall complete and pay for any structure at any time in the process of construction or repair on the Land. Except as expressly permitted in writing by Lender, Borrower shall not initiate, join in, acquiesce in, or consent to any change in any private restrictive covenant, zoning law or other public or private restriction limiting or defining the uses which may be made of the Property or any part thereof. If under applicable zoning provisions the use of all or any portion of the Property is or shall become a nonconforming use, Borrower will not cause or permit such nonconforming use to be discontinued or abandoned without the prior written consent of Lender. Borrower shall not: (i) change the use of the Land as currently configured and utilized; (ii) permit or suffer to occur any waste on or to the Property or to any portion thereof; or (iii) take any steps whatsoever to convert the Property, or any portion thereof, to a condominium or cooperative form of ownership. Borrower shall not enter into any license, easement, covenant or other agreement affecting the Property without the prior written consent of Lender, which consent shall not be unreasonably withheld, conditioned or delayed.
Maintenance of the Properties. During the First Exploration Phase, Lacus shall keep and maintain the Properties in good standing and existence with the relevant mining laws, including all payment of the Mining Fee.
Maintenance of the Properties. Sellers will cause each of the Properties to be maintained in substantially the same condition as now maintained, will operate the Properties in substantially the same manner as the Properties have heretofore been operated and will use commercially reasonable efforts to maintain in effect any Guarantees and Warranties. Sellers will cure any violations of applicable Legal Requirements arising prior to the Closing Date. Sellers will not enter into any construction, management, brokerage, maintenance or service contracts which would become the obligation of Purchaser; and will promptly inform Purchaser in writing upon obtaining actual knowledge of any material event adversely affecting the ownership, use, occupancy, operation or maintenance of the Properties, whether or not insured against.
Maintenance of the Properties. At any time and from time to time subject to the terms of any underlying Agreement, GRANTOR may elect to abandon any part or parts of the Properties that it no longer desires to maintain.
Maintenance of the Properties. The Properties, including without limitation the Xxxxx and the Equipment, are being (and, to the extent the same could adversely affect the ownership or operation of the Properties after the date hereof, have in the past during Pantera’s and Lakehills’ Ownership thereof been) maintained in a good and workmanlike manner in all material respects, in accordance with prudent industry standards and in conformity with all applicable laws and in conformity with all Contracts. All Xxxxx have the appropriate and necessary infrastructure in place and/or available for the marketing, transportation and processing of natural gas therefrom.
Maintenance of the Properties. Commission, its successors and assigns, shall maintain the Properties and shall keep the Properties free from any accumulation of debris or waste materials, allowing for such debris and waste materials during construction as may occur on a well-kept construction site, and shall otherwise maintain the property as set forth in the Agreements Affecting Real Property.
