Operation and Maintenance Prior to Closing. From the Effective Date until the Closing Date or earlier termination of this Agreement, Seller shall:
Operation and Maintenance Prior to Closing. 4.4.1 Through Closing, Seller shall: (i) operate the Properties in the ordinary course of business and shall maintain the Properties in the same manner as they are currently being maintained; (ii) not change, amend or modify any agreements, approvals or contracts related to the Properties or any part thereof or other rights, obligations or agreements related to the use, ownership or operation of the Properties or any part thereof without Buyer's prior written approval; (iii) not mortgage, pledge, hypothecate, transfer or dispose of all or any part of the Properties or any interest therein; (iv) not make any alterations or changes to the Properties, or any part thereof other than ordinary and necessary maintenance and repairs, without Buyer's written approval; (v) not remove any Personal Property, except as may be required for repair and replacement in which event, all replacements shall be free and clear of liens and shall be of quality at least equal to the replaced items; (vi) maintain in effect all policies of property, casualty and liability insurance or similar policies of insurance, with no less than the limits of coverage now carried with respect to the Properties or required by any of Seller's lenders; (vii) not enter into any new service contracts not terminable without penalty upon Closing, or modify any existing service contract, without Buyer's written approval; and (viii) operate the Properties in accordance with all applicable federal, state and local laws, ordinances and requirements.
