Common use of Operating Agreements Clause in Contracts

Operating Agreements. To Seller's knowledge, the Operating Agreements listed on Exhibit C are all of the agreements concerning the operation and maintenance of the Property entered into by Seller and affecting the Property, except those operating agreements that are not assignable and are to be terminated by Seller within thirty (30) days after the Closing, and except any agreement with Seller's property manager, which shall be terminated by Seller.

Appears in 5 contracts

Samples: Sale Agreement (Meyer Fred Inc), Sale Agreement (Meyer Fred Inc), Sale Agreement (Meyer Fred Inc)

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Operating Agreements. To Seller's knowledge, the The Operating Agreements listed on Exhibit EXHIBIT C are all of the agreements concerning the operation and maintenance of the Property entered into by or on behalf of Seller and affecting the PropertyProperty and Seller has no knowledge of any other Operating Agreements that would be binding on Purchaser or the Property after Closing, except those operating agreements that are not assignable and are to be terminated by Seller within thirty (30) days after the Closing, and except any agreement with Seller's property manager, which shall be terminated by SellerSeller as of the Closing Date.

Appears in 2 contracts

Samples: Sale Agreement (Behringer Harvard Reit I Inc), Sale Agreement (Behringer Harvard Reit I Inc)

Operating Agreements. To Seller's knowledge, the Operating Agreements listed on Exhibit C are all of the agreements concerning the operation and maintenance of the Property entered into by Seller and affecting the Property, except those operating agreements that are not assignable and or are to be terminated by Seller within thirty (30) days after the Closing, and except any agreement with Seller's property manager, which shall be terminated by Seller.

Appears in 2 contracts

Samples: Sale Agreement (Corporate Realty Income Fund I L P), Sale Agreement (Arden Realty Inc)

Operating Agreements. To Seller's knowledge, the Operating Agreements listed on Exhibit C are all of the agreements concerning the operation and maintenance of the Property entered into by Seller and affecting the Property, except those operating agreements that are not assignable and or are to be terminated by Seller within thirty (30) days after the Closing, and except any agreement with Seller's property manager, which shall be terminated by Seller. The copies of such Operating Agreements that Seller shall provide to Purchaser are the same copies Seller uses in operating the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sterling Real Estate Trust)

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Operating Agreements. To Seller's knowledge, the Operating Agreements listed on Exhibit C are all of the agreements concerning the operation and maintenance of the Property entered into by Seller and affecting the Property, except those operating agreements that are not assignable and or are to be terminated by Seller within thirty (30) days after the Closing, and except any agreement with Seller's property manager, which shall be terminated by Seller. True, correct and complete copies of the Operating Agreements have been made available for Purchaser's inspection at the Property prior to the Purchaser Execution Date.

Appears in 1 contract

Samples: Sale Agreement (Vornado Realty Trust)

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