Common use of Property Materials Clause in Contracts

Property Materials. Seller shall deliver: i. originals or true, correct, and complete copies, if originals are not in Seller’s possession or control or otherwise available to Seller, of the Service Contracts, Intangible Property and to the extent in Seller’s possession, copies of any plans of the Property (including any “as built” Plans), and any Permits; ii. keys to all locks on the Real Property in Seller’s or Seller’s building manager’s possession or control (provided that such keys need not be delivered to the Title Company, but rather shall be available to Buyer at the Property); iii. all maintenance records and operating manuals pertaining to the Real Property in Seller’s possession or control; and iv. a letter to each of the service providers under the Service Contracts, informing such service providers of the assignment of such Service Contracts to Buyer (which letter shall be in form and substance satisfactory to Buyer in the exercise of Buyer’s reasonable judgment).

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Cynosure Inc)