Common use of Ongoing Operations Clause in Contracts

Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall, and shall cause the Owners to carry on their businesses and activities relating to the Property substantially in the same manner as it did before the date of this Agreement.

Appears in 2 contracts

Samples: Agreement for Sale of Membership Interests (KBS Real Estate Investment Trust, Inc.), Agreement for Sale of Membership Interests (Gramercy Capital Corp)

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Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall, and shall cause the Owners to will carry on their its businesses and activities relating to the Property substantially in the same manner as it did before the date of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Hines Real Estate Investment Trust Inc)

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Ongoing Operations. During the pendency of this Agreement, but subject to the limitations set forth below, Seller shall, and shall cause the Owners to carry on their its businesses and activities relating to the Real Property substantially in the same manner as it did before the date Effective Date of this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Cole Credit Property Trust II Inc)

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