Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall carry on its businesses and activities relating to the Real Property substantially in the same manner as it did before the date of this Agreement. The new and pending lease transactions (the “New and Pending Lease Transactions”) reflected on Schedule 1-1 and Schedule 1-2 attached hereto shall be deemed approved by Buyer for purposes of this Agreement.
Appears in 5 contracts
Samples: Purchase and Sale Agreement and Escrow Instructions (Armada Hoffler Properties, Inc.), Option Agreement (KBS Growth & Income REIT, Inc.), Purchase and Sale Agreement and Escrow Instructions (KBS Growth & Income REIT, Inc.)
Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall carry on its businesses and activities relating to the Real Property substantially in the same manner as it did before the date of this Agreement. The new and pending lease transactions (the “New and Pending Lease Transactions”) reflected on Schedule 1-1 and Schedule 1-2 attached hereto shall be deemed approved by Buyer for purposes of this Agreement, subject to Buyer’s review and approval of the form of lease or lease amendment, as applicable, which shall not be unreasonably withheld or delayed.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (KBS Real Estate Investment Trust II, Inc.)
Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall carry on its businesses and activities relating to the Real Property substantially in the same manner as it did before the date of this Agreement. The new and pending lease transactions (the “"New and Pending Lease Transactions”") reflected on Schedule "1-1 and Schedule 1-2 " attached hereto shall be deemed approved by Buyer for purposes of this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Wells Real Estate Investment Trust Inc)
Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall carry on its businesses and activities relating to the Real Property substantially in the same manner as it did before the date of this Agreement. The new and pending lease transactions (the “New and Pending Lease Transactions”) reflected on Schedule 1-1 and Schedule 1-2 attached hereto shall be deemed approved by Buyer for purposes of this Agreement.
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Republic Property Trust)
