Covenants of Grantor Sample Clauses
Covenants of Grantor. In furtherance of the easement granted herein, Grantor covenants on behalf of itself, its successors and assigns, with Grantee, its successors and assigns, such covenants being deemed to run as a binding servitude, in perpetuity, with the land, to do (and refrain from doing) upon the Premises each of the following covenants, each of which contributes to the public good in that each aids significantly in the preservation and protection of the Premises or in the preservation of the historic district in which the Premises are located:
(1) Grantor shall not demolish, remove or raze the Improvements or the Facades or any part thereof.
(2) Without the express prior written permission of the Grantee, signed by a duly authorized representative thereof, Grantor shall not undertake or permit to be undertaken any construction, maintenance, repair, alteration or remodeling or any other activity on or with respect to the Premises which would not comply with the Standards or would cause the Secretary not to certify the Improvements as being consistent with the historic character of the Premises. [Grantor shall complete the Rehabilitation in accordance with the Standards and the Plans in all material respects, and after completion of the Rehabilitation,] Grantor shall not, without the express prior written permission of Grantee, materially alter in any way the exterior appearance of the Improvements, and specifically, but without limiting the generality of the foregoing, Grantor shall not:
(a) increase or decrease the height of the Improvements;
(b) adversely affect the structural soundness of the Improvements;
(c) make any changes in the Facades, including the alteration, partial removal, remodeling or other physical or structural change with respect to the appearance or construction thereof, including any change in the color, material or surfacing;
(d) construct any additions to or extensions of the Improvements;
(e) erect or place anything on the Premises or on the Improvements which would prohibit the Facades from being visible from street level, except for temporary structures during any period of approved alteration, restoration, or maintenance of the Improvements; or
(f) erect, construct or move anything on the Premises that would encroach on the open land area surrounding the Improvements and interfere with a view of the Facades or be incompatible with the historic or architectural character of the Improvements or the Facades. Notwithstanding the foregoing, Grant...
Covenants of Grantor. For the purpose of further securing the indebtedness secured hereby and for the protection of the security of this Security Deed, for so long as the indebtedness secured hereby or any part thereof remains unpaid, Grantor covenants and agrees as follows:
Covenants of Grantor. Grantor covenants and agrees to:
Covenants of Grantor. Grantor represents, except as known by Beneficiary or its affiliates to the contrary, or disclosed to Beneficiary in connection with the sale of the Mortgaged Property to Grantor, and Grantor covenants and agrees as follows:
Covenants of Grantor. Grantor covenants and agrees with the Trustee, Collateral Agent and Holders, or any successor in title as holder of the Obligations secured hereby, as follows:
Covenants of Grantor. Grantor covenants and agrees with Lender that unless approved by Lender:
a. Grantor shall not sell, assign (by operation of law or otherwise), or otherwise transfer any of the Collateral, or attempt or contract to do so, or grant any option with respect to any of the Collateral, except Inventory in the ordinary course of business.
b. Grantor shall not change its name, identity or corporate structure in any manner, nor change its jurisdiction of organization, relocate its chief executive office, principal place of business or its principal records with respect to the Collateral, or allow the relocation of any Collateral, in each case without thirty (30) days' prior written notice to the Lender.
c. Grantor shall not, directly or indirectly, create or permit to exist any lien upon or with respect to any of the Collateral, and shall defend the Collateral against, and take such other action as is necessary to remove, any lien on the Collateral, except for the lien created hereby and any Permitted Liens.
d. Grantor shall maintain all tangible Collateral in good condition and repair, ordinary wear and tear excepted.
e. Grantor shall maintain on the Collateral property damage and liability insurance in such amounts, against such risks, and in such forms and with such companies as are customarily maintained by businesses similar to Grantor. Each such policy shall not be materially altered or canceled, and the coverage will not be materially reduced, in any case, without at least thirty (30) days' prior written notice to the Lender. Grantor shall provide the Lender with satisfactory evidence of such insurance coverage at the request of the Lender.
f. Grantor shall promptly pay when due all property and other taxes, assessments and government charges or levies imposed upon, and all claims (including claims for labor, materials and supplies) against, the Collateral, except to the extent the validity thereof is being contested in good faith and by appropriate proceedings and adequate reserves are being maintained in connection therewith; provided that this Section 7(f) shall not apply to claims for labor, materials or supplies which Payee consents in writing shall be excluded herewith, notwithstanding that such claims, if unpaid, might become a lien or charge upon such properties or any part thereof.
g. Grantor shall keep and maintain at its own cost and expense satisfactory and reasonably complete records of the Collateral. Grantor shall furnish the Lender with such i...
Covenants of Grantor. Grantor, for Grantor and Grantor’s successors, covenants and agrees, unless otherwise specifically permitted or allowed in the Loan Agreement, to:
Covenants of Grantor. Section 1.01. (a) Warranty of Title; Power and Authority..............................4 (b) Hazardous Materials.................................................5 (c) Flood Hazard Area...................................................5 Section 1.02. (a) Further Assurances..................................................6 (b) Information Reporting and Back-up Withholding.......................6 Section 1.03. (a) Filing and Recording of Documents...................................6 (b) Filing and Recording Fees and Other Charges.........................6 Section 1.04. Payment and Performance of Loan Documents.................................7 Section 1.05. Maintenance of Existence; Compliance with Laws............................7 Section 1.06. After-Acquired Property...................................................7 Section 1.07. (a) Payment of Taxes and Other Charges..................................7 (b) Payment of Mechanics and Materialmen................................8 (c)
Covenants of Grantor. The Grantor covenants and agrees with the Lender as follows.
Covenants of Grantor. To protect the security of this Deed of Trust, Grantor covenants and agrees as follows: