7.2. EDSR 10-17-2022 - Laserfiche WebLink

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terms, covenants and conditions to be kept and performed by the City or other governmental body having jurisdiction over the Loan Property, respectively, under any permits or agreements issued or made by the City or such other governmental bodies, and any contractors under all contracts obtained or held by Borrower in connection with the operation of the Borrower's business. (b) Amendment. Etc. of Documents. Not amend, cancel, terminate, supplement or waive any of the material terms, covenants and conditions of any permit or agreement issued or made by the City or any other governmental body having jurisdiction over the Loan Property, or any other contracts obtained or held by Borrower in connection with any contracts, documents or agreements referred to herein without the prior written approval of Lender. (c) Performance of Note. Security Agreement, etc. Without limiting the foregoing, keep and perform all of the terms, covenants, conditions and requirements of the Note, the Security Agreement and this Agreement. (d) Insurance. During the term of this Agreement, Borrower shall procure and maintain or cause to be procured and maintained at its sole expense, casualty insurance, public liability insurance and such other types of insurance as are reasonably required by Lender from time to time, with coverages and in amounts normally held by owners of property similar to the Loan Property (as improved) and with companies satisfactory to Lender. The policy or policies or duly executed certificate or certificates for such insurance and renewals or replacements thereof shall be deposited with Lender. (e) Pay Charges. Pay all charges associated with the Loan, including, but not limited to: (i) Lender's attorneys' fees; and (ii) filing fees of any instruments required under this Agreement (collectively, the "Administrative Costs") within 30 days of the Lender providing written notice to the Borrower of Lender's costs. Administrative Costs shall be evidenced by invoices, statements or other reasonable written evidence of costs incurred by the Lender. (i) Default Notices. Provide Lender with a copy of any default notice received by the Borrower pursuant to any documents related to any financing secured by the Loan Property or the Equipment (to the extent that such notice is sent by a party other than Lender), promptly after receipt of the same. (g) Continual Operation. At all times while any portion of the Loan remains outstanding, Borrower will: (i) maintain its status as a for profit entity; (ii) maintain a positive net worth; and (iii) will operate its business from the Loan Property in a fast class manner. (h) Title to Equipment. The Borrower represents that it owns or will own all of the Equipment listed in Exhibit A "free and clear," that Lender will have a "fast priority" lien in the Zeiss Contura Q2 hlspection Machine listed in Exhibit A and a "second priority" lien in the Okuma Genus M560V Machining Center (the "Machining 4 491713A EL185-46