Use of Tangible Property. The Debtor agrees (a) to comply with the terms of any lease covering the premises on which any Tangible Property is located and all Governmental Requirements concerning such premises or the conduct of business thereon; (b) not to conceal or abandon the Tangible Property; and (c) not to lease or hire any of the Tangible Property to any person or permit the same to be leased or used for hire except as provided for in this Agreement or pursuant to Permitted Encumbrances.
Appears in 3 contracts
Samples: Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.), Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.), Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.)
Use of Tangible Property. The Debtor agrees (a) to comply with the terms of any lease covering the premises on which any Tangible Property is located and all Governmental Requirements concerning such premises or the conduct of business thereon; (b) not to conceal or abandon the Tangible Property; and (cs(c) not to lease or hire any of the Tangible Property to any person or permit the same to be leased or used for hire except as provided for in this Agreement or pursuant to Permitted Encumbrances.
Appears in 1 contract
Samples: Security Agreement and Assignment of Rents (Manufactured Housing Properties Inc.)
