Common use of Contracts and Franchises Clause in Contracts

Contracts and Franchises. All contracts and franchises necessary for the conduct of the Mortgagor's business and for the operation of the Real Property in accordance with good commercial practice are in force.

Appears in 1 contract

Sources: Mortgage and Security Agreement (Reckson Associates Realty Corp)

Contracts and Franchises. All contracts and franchises necessary in order for the Mortgagor to conduct of the Mortgagor's its business and for the operation of the operate in Real Property in accordance with good commercial practice are in force.

Appears in 1 contract

Sources: Mortgage (Corporate Office Properties Trust)

Contracts and Franchises. All contracts and franchises necessary for the conduct of the Mortgagor's ’s business and for the operation of the Real Property in accordance with good commercial practice are in force.

Appears in 1 contract

Sources: Mortgage, Security Agreement, Assignment of Leases and Rents, and Fixture Filing (Sanfilippo John B & Son Inc)