Common use of Assignor’s performance of Tenancies Clause in Contracts

Assignor’s performance of Tenancies. Diligently and properly: (a) perform the Assignor’s obligations under the Tenancies; (b) notify the Bank of any breach or default by the Assignor or any of the Tenants under any of the Tenancies; and (c) institute and maintain all such proceedings as the Bank considers necessary to protect the interests of the Assignor and the Bank in the Rental Proceeds and this Assignment.