Common use of Operations and Maintenance Programs Clause in Contracts

Operations and Maintenance Programs. The Borrowers that own the Individual Properties referred to on Schedule K annexed hereto shall cause such Individual Properties to be operated and maintained in all material respects in accordance with those certain operations and maintenance programs, approved by the Environmental Consultant, listed on Schedule K and shall deliver an Officer's Certificate to Lender within thirty (30) days of the Closing Date stating that such Borrowers have instructed the relevant employees at such Individual Property in compliance with such operations and maintenance program.

Appears in 2 contracts

Sources: Loan Agreement (Servico Market Center Inc), Loan Agreement (Lodgian Inc)

Operations and Maintenance Programs. The Borrowers Borrower that own owns the Individual Properties Property referred to on Schedule K annexed hereto shall cause such Individual Properties Property to be operated and maintained in all material respects in accordance with those certain operations and maintenance programs, approved by the Environmental Consultant, listed on Schedule K and shall deliver an Officer's Certificate to Lender within thirty (30) days of the Closing Date stating that such Borrowers have Borrower has instructed the relevant employees at such Individual the Property in compliance with such operations and maintenance program.

Appears in 1 contract

Sources: Loan Agreement (Servico Market Center Inc)