Development Activities. Seller shall not take any actions with respect to the development of the Property, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the prior written consent of Buyer (which consent may be granted or withheld in Buyer's sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wishes.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Cytrx Corp), Purchase and Sale Agreement (Cytrx Corp)
Development Activities. Seller shall not take any actions with respect to the development of the Property, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the Buyer’s prior written consent of Buyer (which consent may be granted or withheld in Buyer's ’s sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wishes.
Appears in 2 contracts
Sources: Lease Agreement (Facebook Inc), Purchase Agreement (Arena Pharmaceuticals Inc)
Development Activities. Seller shall not take any actions with respect to the development of the Property, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the Buyer's prior written consent of Buyer (which consent may be granted or withheld in Buyer's sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, Buyer in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wishes.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Gsi Lumonics Inc), Purchase and Sale Agreement (Montgomery Realty Group Inc)
Development Activities. Seller shall not take any actions with respect to the development of the Property, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the prior written consent of Buyer (which consent may be granted or withheld in Buyer's sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, Buyer in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wisheswishes at no cost to Seller, and provided no such approval shall be binding upon the Property until after the Closing.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Apartment Investment & Management Co)
Development Activities. Seller Sellers shall not take any actions with respect to the development of the PropertyProperties, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the prior written consent of Buyer (which consent may be granted or withheld in Buyer's sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, except as the same may be required in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wishesordinary course of Sellers' operation of the Properties.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Apartment Investment & Management Co)
Development Activities. Seller shall not take any actions with respect to the development of the Property, including, without limitation, applying for, pursuing, accepting or obtaining any permits, approvals approvals, or other development entitlements from any governmental or other regulatory entities or finalizing or entering into any agreements relating thereto without the Buyer's prior written consent of Buyer (which consent may be granted or withheld in Buyer's sole and absolute discretion). Seller hereby agrees to reasonably cooperate with Buyer, at no expense to Seller, Buyer in Buyer's efforts to obtain such governmental approvals as Buyer deems necessary to permit Buyer to operate the Property as Buyer wishes.
Appears in 1 contract