Maintenance of the Project Assets Prior to Closing Sample Clauses
Maintenance of the Project Assets Prior to Closing. 5.1.1 From the Closing Date until such time as all of the Post-Closing Consents are received and the Seller is recognized as the legal and beneficial owner of the Project Assets, subject to the terms of the Closing Escrow Agreement, Seller shall, to the extent that the nature of its interest permits, and subject to Applicable Laws, the Contracts, the Project Permits, the Project Real Property Leases, the Leased Real Property and the other agreements and documents to which the Project Assets are subject:
(a) operate and maintain the Project Assets in a proper and prudent manner in accordance with good energy industry practices and in material compliance with all Applicable Law;
(b) pay or cause to be paid all costs and expenses relating to the Project Assets which become due from the Closing Date;
(c) perform and comply with all covenants and conditions contained in the Contracts, the Project Permits and the other agreements and documents to which the Project Assets are subject; and
(d) provide Buyer on a timely basis with copies of all operations notices, AFEs, requests for consents and similar notices received by Seller.
