Examples of CPLV Tenant in a sentence
To Borrower’s Knowledge, the aggregate amount of all Equipment, Fixtures and Personal Property at the Property subject to any purchase money indebtedness or participation agreement does not and shall not exceed at any time, an amount equal to two and one-half percent (2.5%) of the consolidated total assets of CPLV Tenant that are related to the Property or CPLV Tenant’s operation thereon from time to time.
If at any time Lender reasonably determines that the Ground Lease Reserve Fund is not or will not be sufficient to pay the Ground Rent by the dates set forth above, Lender shall notify Borrower of such determination and Borrower shall, or shall cause CPLV Tenant to, increase its monthly payments to Lender by the amount that Lender estimates is sufficient to make up the deficiency at least thirty (30) days prior to the due date of the Ground Rent.
Since the date of such financial statements, there has been no material adverse change in the financial condition, operations or business of Borrower, or to Borrower’s Knowledge, CPLV Tenant or the Property from that set forth in said financial statements.
Privatization of Water Systems WHEREAS decisions on whether to privatize Canada’s public water systems are guided by federal policy directions; AND WHEREAS the government of Canada is currently negotiating the Comprehensive Economic and Trade Agreement (CETA) with the European Union; 237/12 cont.
All of the Equipment, Fixtures and Personal Property (including any Personal Property owned by CPLV Tenant that is subject to the CPLV Security Documents) are sufficient to operate the Property in the manner required hereunder and in the manner in which it is currently operated, except to the extent the same would not reasonably be expected to have a Material Adverse Effect.
Borrower shall, or shall cause CPLV Tenant to, deliver to Lender receipts for payment or other evidence satisfactory to Lender that the Taxes and Other Charges have been so paid or are not then delinquent no later than ten (10) days prior to the date on which the Taxes and/or Other Charges would otherwise be delinquent if not paid.
Borrower shall, or shall cause CPLV Tenant to, perform the repairs at the Property, as more particularly set forth on Schedule II hereto (such repairs hereinafter referred to as “Required Repairs”).
Borrower shall, and shall use commercially reasonable efforts to cause CPLV Tenant to, permit agents, representatives and employees of Lender to inspect the Property or any part thereof at reasonable hours upon reasonable advance notice, subject to applicable Gaming Laws, the rights of Tenants under Leases and the rights of any other third party occupants.
Borrower shall and shall use commercially reasonable efforts to cause CPLV Tenant to continue to engage in the businesses presently conducted by it as and to the extent the same are necessary for the ownership, maintenance, management and operation of the Property.
If the amount of the Tax and Insurance Escrow Fund shall exceed the amounts due for Taxes, Other Charges and Insurance Premiums pursuant to Section 5.1.2 hereof, Lender shall, in its sole discretion, return any excess to Borrower or CPLV Tenant or credit such excess against future payments to be made to the Tax and Insurance Escrow Fund.