Common use of Contracts and Commitments Clause in Contracts

Contracts and Commitments. Except as set forth in the Governing Agreements of each Contributed Entity or as otherwise disclosed in Schedule 2.3(r), no Contributed Entity or subsidiary is a party to any agreements for the sale of its assets, for the grant to any Person of any preferential right to purchase any such assets or the acquisition of any operating business, assets or capital stock of any other corporation, entity or business, other than in the ordinary course of business.

Appears in 19 contracts

Samples: Contribution Agreement (Priam Properties Inc.), Contribution Agreement (Priam Properties Inc.), Contribution Agreement (Priam Properties Inc.)

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Contracts and Commitments. Except as set forth in the Governing Agreements of each Contributed Entity or as otherwise disclosed in Schedule 2.3(r)Entity, no Contributed Entity or subsidiary nor Subsidiary is a party to any agreements for the sale of its assets, for the grant to any Person of any preferential right to purchase any such assets or the acquisition of any operating business, assets or capital stock of any other corporation, entity or business, other than in the ordinary course of business.

Appears in 2 contracts

Samples: Representation, Warranty and Indemnity Agreement (Postal Realty Trust, Inc.), Representation, Warranty and Indemnity Agreement (Postal Realty Trust, Inc.)

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