Common use of Maintain and Operate Clause in Contracts

Maintain and Operate. The Borrower will diligently maintain, use and operate or will cause to be maintained, used and operated the Property Interest and the Project, in a proper and efficient manner so as to preserve and protect the Property Interest and each of the Properties.

Appears in 5 contracts

Sources: Loan Agreement, Loan Agreement, Loan Agreement

Maintain and Operate. The Borrower will diligently maintain, use and operate or will cause to be maintained, used and operated the Property Interest and the Project, in a proper and efficient manner so as to preserve and protect the Property Interest and each of the PropertiesProperty.

Appears in 1 contract

Sources: Land Acquisition Loan Agreement