Operation of Property Prior to Closing. Crow covenants and agrees -------------------------------------- with Patriot that, between the date of this Agreement (or such other date as specified below) and the date of Closing:
Operation of Property Prior to Closing. Between the date of this Agreement and the Closing Date, Seller shall operate the Property in compliance with all laws and in the same manner in which Seller operated the Property prior to the execution of this Agreement, so as to keep the Property in good condition, reasonable wear and tear excepted, and so as to maintain the existing calibre of the Hotel operations conducted at the Property and the reasonable good will of the tenants, the Hotel guests, the employees and other customers of the Hotel. The Seller shall continue to use its best efforts to take guest room reservations and to book functions and meetings and otherwise to promote the business of the Property in generally the same manner as the Seller did prior to the execution of this Agreement. All advance room bookings and reservations and all meetings and function bookings shall be booked at rates, prices and charges heretofore customarily charged by the Seller for such purposes, and in accordance with Seller's published rate schedules. From and after the execution and delivery of this Agreement, the Seller shall not (i) make any agreements which shall be binding upon the Purchaser with respect to the Property, or (ii) reduce or cause to be reduced any room rents or any other charges over which Seller has operational control. Between the date hereof and the Closing Date, the Seller shall deliver to the Purchaser monthly reports (or for the partial monthly period up to the Closing Date) showing the income and expenses of the Hotel and all departments thereof, together with such periodic information with respect to room reservations and other bookings, as the Seller customarily keeps internally for its own use. The Seller agrees that it will operate the Property and the Hotel in accordance with the provisions of this section between the date hereof and the Closing Date.
Operation of Property Prior to Closing. The Seller covenants and agrees with the Purchaser that, to the extent it is legally entitled to do so, between the date of this Agreement and the date of Closing:
Operation of Property Prior to Closing. Xxxxxxxx and Brandywine OP represent, warrant, covenant and agree with Brandywine OP that, between the date of this Agreement and the date of Closing:
Operation of Property Prior to Closing. Until the Closing Date, Seller shall continue to maintain the Property in accordance with its past standards.
Operation of Property Prior to Closing. Except to the extent expressly provided by the terms of this Agreement, and except as expressly consented to by Purchaser in writing (which consent will not be unreasonably withheld), the Seller agrees that, prior to Closing:
Operation of Property Prior to Closing. A. (i) Notwithstanding anything to the contrary contained in the Management Agreement:
Operation of Property Prior to Closing. From the Effective Date through the Closing Date, Seller shall, at Seller’s sole cost and expense:
Operation of Property Prior to Closing. Prior to the Closing, Seller shall maintain and operate the Real Property as follows:
Operation of Property Prior to Closing. Notwithstanding anything to the contrary contained herein:
