Common use of Maintenance/Operation Clause in Contracts

Maintenance/Operation. Optionor shall, subject to this Section 5, continue to operate and maintain the Property in a commercially prudent manner and consistent with its past business practices, and in any event in compliance with the terms of the Leases and any documents or instruments evidencing or otherwise securing the Property Indebtedness.

Appears in 3 contracts

Sources: Option Agreement (Younan Properties Inc), Option Agreement (Younan Properties Inc), Option Agreement (Younan Properties Inc)