Common use of Operations Prior to Closing Clause in Contracts

Operations Prior to Closing. (a) Seller agrees to operate the Property between the Execution Date and the Closing Date in the same general manner as Seller has operated the Property during the immediately preceding six (6) month period, paying all costs and expenses as they come due, and in any event prior to Closing, and maintaining all insurance coverage currently in force.

Appears in 4 contracts

Samples: Clementon Drive Agreement (Brandywine Realty Trust), Scarborough Drive Agreement of Sale (Brandywine Realty Trust), Clementon Drive Agreement of Sale (Brandywine Realty Trust)

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Operations Prior to Closing. (a) Seller agrees to operate each of the Property Real Properties between the Execution Date and the Closing Date in the same general manner as Seller has operated each of the Property Real Properties during the immediately preceding six (6) month period, paying all costs and expenses as they come due, and in any event prior to Closing, and maintaining all insurance coverage currently in force.

Appears in 1 contract

Samples: Agreement of Sale (Brandywine Realty Trust)

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