Expenditures. Seller will incur only expenditures necessary for the day-to-day operation and maintenance of the Property, and will not incur capital expenditures or liabilities not in the ordinary course of business. Seller shall retain all Other Assets in Seller's possession on or after the date hereof except for payment of such permitted liabilities and expenditures.
Appears in 14 contracts
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (American Family Holdings Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (American Family Holdings Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (American Family Holdings Inc)
Expenditures. Seller will incur only expenditures necessary for the day-to-day operation and maintenance of the Propertyproperty, and will not incur capital expenditures or liabilities not in the ordinary course of business. Seller shall retain all Other Assets in Seller's possession on or after the date hereof except for payment of such permitted liabilities and expenditures.liabilities
Appears in 1 contract
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (American Family Holdings Inc)
Expenditures. Seller will incur only expenditures necessary for the (i) day-to-day operation and maintenance of the Property, and . Seller will not incur capital expenditures or liabilities not in the ordinary course of business. Seller shall retain all Other Assets in Seller's possession on or after the date hereof except for payment of such permitted liabilities and expenditures.
Appears in 1 contract
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (American Family Holdings Inc)
