New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or which shall be cancelable on thirty (30) days written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three (3) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT, Inc.)
New Contracts. Enter into only those third-third party service contracts Contracts which are reasonably necessary to carry out its obligations under Section 4.2 or 4.2, which Contracts shall be cancelable on no more than thirty (30) days days’ written notice. If If, after the Approval Date, Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser Purchaser, together with a copy of such Contract, and unless Purchaser, within three (3) days thereafter, notifies business daysthereafternotifies Seller in writing of its intention not to not assume such contractContract, it shall be treated as a contract Contract approved by Purchaser under Section 3.3 hereofPurchaser.
Appears in 1 contract
Sources: Purchase and Sale Agreement
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three (3) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Wells Real Estate Fund Xiv Lp)
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on not more than thirty (30) days days' written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three seven (37) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement
New Contracts. Enter into only those third-third party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days written noticenotice without penalty or termination fee. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three seven (37) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Brookdale Living Communities Inc)
New Contracts. Enter into only those third-party service contracts which that are reasonably necessary to carry out its obligations under Section SECTION 4.2 or and which shall be cancelable on thirty (30) days written noticenotice at no cost to Purchaser. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three five (35) business days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section SECTION 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and, provided such terms are available on a commercially reasonable basis, which shall be cancelable without fee or penalty on no more than thirty (30) days written notice. If Seller If, after the Approval Date, ▇▇▇▇▇▇ enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three (3) days thereafter, notifies Seller in writing together with a copy of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Nn Inc)
New Contracts. Enter into only those third-third party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days days' written noticenotice without premium or penalty. If Seller enters into any such contract, it shall promptly provide written notice and a copy thereof to Purchaser and unless Purchaser, within three seven (37) days thereafterafter receipt thereof, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 3.4 hereof.
Appears in 1 contract
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three (3) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days days’ written noticenotice without payment of any fee or penalty. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three seven (37) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 hereof.. Purchase and Sale Agreement
Appears in 1 contract
Sources: Purchase and Sale Agreement (Griffin Capital Essential Asset REIT, Inc.)
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or 5.2 and which shall be cancelable on thirty (30) days written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three (3) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 3.3.1 hereof.
Appears in 1 contract
New Contracts. Enter into only those third-third party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days written notice. If Seller enters into Prior to the execution of any such contract, it Seller shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three seven (37) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Corporate Office Properties Trust)
New Contracts. Enter May enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or which and which, if reasonably possible, shall be cancelable on thirty (30) days written noticenotice at no cost to Purchaser. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three ten (310) business days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Wells Core Office Income Reit Inc)
New Contracts. Enter into only those third-party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and which shall be cancelable on thirty (30) days days' written notice. If Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser and unless Purchaser, within three seven (37) days thereafter, notifies Seller in writing of its intention to not assume such contract, it shall be treated as a contract approved disapproved by Purchaser under Section 3.3 hereof.
Appears in 1 contract
Sources: Purchase and Sale Agreement (HC Government Realty Trust, Inc.)
New Contracts. Enter into only those third-third party service contracts which are reasonably necessary to carry out its obligations under Section 4.2 or and, provided such terms are available on a commercially reasonable basis, which shall be cancelable on no more than thirty (30) days written notice. If If, after the Approval Date, Seller enters into any such contract, it shall promptly provide written notice thereof to Purchaser Purchaser, together with a copy of such Contract, and unless Purchaser, within three five (35) days thereafterafter receipt of such notice, notifies Seller in writing of its intention not to not assume such contract, it shall be treated as a contract approved by Purchaser under Section 3.3 hereofPurchaser.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Hartman Short Term Income Properties XX, Inc.)