Performance of Post Closing Work Sample Clauses

Performance of Post Closing Work. Seller shall not permit any liens or encumbrances to arise against the Project in connection with or as a result of the performance of the Post Closing Work. Seller shall protect, indemnify, defend and hold Purchaser and the Project harmless of and from any and all losses, liabilities, costs, expenses (including without limitation reasonable attorneys’ fees and costs of court), damages, liens, claims (including without limitation mechanics’ or materialmen’s liens or claims of liens), actions and causes of action arising from or relating to Seller or its contractors (or their respective agents, employees, contractors or representatives) entering upon the Project to complete the Post Closing Work, except to the extent caused by the negligence or willful misconduct of Purchaser. At all times prior to the completion of the Post Closing Work, Seller, at its sole cost and expense, shall maintain commercial general liability insurance, on an occurrence basis, covering Seller and its agents, contractors, subcontractors, employees, and licensees, against claims of bodily injury, personal injury and property damage (including loss of use thereof) arising on or upon the Project or arising out of entry by any such parties upon the Project, for limits of not less than One Million and No/100 Dollars ($1,000,000.00) each occurrence and Two Million and No/100 Dollars ($2,000,000.00) annual aggregate for each of bodily injury liability, personal injury liability and property damage liability, which insurance shall be primary as to all claims thereunder and shall provide that any insurance carried by Purchaser shall be excess and non-contributing with the insurance requirements set forth in this Section 3, and which insurance shall name Purchaser as an additional insured thereunder. Seller shall deliver a certificate of such insurance to Purchaser on or before the Effective Date. In addition, Seller’s insurance shall contain an undertaking by the insurer thereunder to notify Purchaser in writing, by registered or certified U.S. mail, return receipt requested, not less than thirty (30) days before any material change, reduction in coverage, cancellation or other termination thereof. If Seller fails to carry the required commercial general liability insurance at any time, then Purchaser shall have the right to procure such commercial general liability insurance on behalf of Seller and Seller shall immediately reimburse Purchaser for the cost thereof. Seller’s contractors and ...
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Related to Performance of Post Closing Work

  • Post-Closing Deliverables On or before the Closing Date, the applicable Seller shall deliver to Buyer the following:

  • Post-Closing Operations After the Closing, ACQUIRED COMPANY will be a wholly-owned subsidiary of the Company subject to the terms and conditions outlined in this Agreement. ACQUIRED COMPANY shall be responsible to report to the Company all financial matters and newsworthy events as they materialize, as Seller recognizes Company is a publicly traded company and has certain material obligations of disclosure pursuant to state and federal laws, statutes and regulations.

  • Performance of Work All work described in this Section 8 shall be performed only by Landlord or by contractors and subcontractors approved in writing by Landlord and only in accordance with plans and specifications approved by Landlord in writing. If Landlord elects, in its sole discretion, to supervise any work described in this Section 8, Tenant shall pay to Landlord a construction management fee equal to 5% of the cost of such work. Tenant shall cause all contractors and subcontractors to procure and maintain insurance coverage naming Landlord, Landlord’s Mortgagee, Landlord’s property management company and Landlord’s asset management company as additional insureds against such risks, in such amounts, and with such companies as Landlord may reasonably require. Tenant shall provide Landlord with the identities, mailing addresses and telephone numbers of all persons performing work or supplying materials prior to beginning such construction and Landlord may post on and about the Premises notices of non-responsibility pursuant to applicable Laws. All such work shall be performed in accordance with all Laws and in a good and workmanlike manner so as not to damage the Building (including the Premises, the Building’s Structure and the Building’s Systems) and shall use materials of a quality that is at least equal to the quality designated by Landlord as the minimum standard for the Building, and in such manner as to cause a minimum of disruption to the other occupants of the Project and interference with other construction in progress and with the transaction of business in the Project and the related complex. Landlord may designate reasonable rules, regulations and procedures for the performance of all such work in the Building (including insurance requirements for contractors) and, to the extent reasonably necessary to avoid disruption to the occupants of the Building, shall have the right to designate the time when such work may be performed. All such work which may affect the Building’s Structure or the Building’s Systems must be approved by the Project’s engineer of record, at Tenant’s expense and, at Landlord’s election, must be performed by Landlord’s usual contractor for such work. All work affecting the roof of the Building must be performed by Landlord’s roofing contractor and no such work will be permitted if it would void or reduce or otherwise adversely affect the warranty on the roof. Upon completion of any work described in this Section 8, except with respect to any Permitted Alterations or any repairs required to be made by Tenant under Section 8.2, Tenant shall furnish Landlord with accurate reproducible “as-built” CADD files of the improvements as constructed.

  • Performance of Agreement Purchaser shall have performed in all material respects all obligations and agreements and complied in all material respects with all covenants and conditions contained in this Agreement to be performed or complied with by it at or prior to the Closing Date.

  • Performance of Contracts The Company shall not materially ------------------------ amend, modify, terminate, waive or otherwise alter, in whole or in part, any of the Employee Nondisclosure and Developments Agreements without the consent of the Company's Board of Directors.

  • Performance of Landlords Work (a) Definition of Landlord’s Work. As used herein, “

  • Performance of Replacements (a) Borrower shall make Replacements when required in order to keep the Property in condition and repair consistent with other similar properties in the same market segment in the metropolitan area in which the Property is located, and to keep the Property or any portion thereof from deteriorating. Borrower shall complete all Replacements in a good and workmanlike manner as soon as practicable following the commencement of making each such Replacement.

  • Final Completion 6.5.1 Final Completion of the Work shall be achieved within ninety (90) Days after the earlier of the actual date of Substantial Completion or the Scheduled Substantial Completion Date (the “Final Completion Date”).

  • Performance of Services The Executive’s employment with the Company shall be subject to the following:

  • Performance of Agreements Buyer shall have performed in all material respects all of its covenants, agreements and obligations required by this Agreement and each of the other Documents to be performed or complied with by it prior to or upon the Closing Date.

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