Seller's Additional Covenants. Seller does hereby further covenant and agree as follows:
Seller's Additional Covenants. Seller hereby covenants and agrees that from and after the date hereof until the Closing, Seller shall not, without the prior written consent of Purchaser, change or alter the physical condition of the Property, remove or alter any Improvements, or remove any trees, or grant or otherwise create or consent to the creation of any easement, restriction, lien, assessment, or encumbrance affecting the Property or any portion or portions thereof. Seller covenants that, from the date of this Agreement up to and including the date of Closing, Seller shall not negotiate with any third party respecting the sale of the Property or any interest therein.
Seller's Additional Covenants. From and after the Closing Date, the Seller shall:
Seller's Additional Covenants. Seller does hereby further covenant ------------------------------- and agree as follows, if and to the extent that the Closing shall occur after the execution hereof:
Seller's Additional Covenants. (a) In the event that the Seller becomes aware that any Intellectual Property licensed by it to a licensee under any of the Royalty Agreements infringes or violates any third party Intellectual Property, the Seller shall promptly use commercially reasonable efforts to attempt to secure the right to use such Intellectual Property on behalf of itself and the affected Licensee and shall pay all costs and amounts associated with obtaining any such license, without any charge to the Licensee or any reduction in the Assigned Interests.
Seller's Additional Covenants. From and after the expiration of the Inspection Period, provided Purchaser has elected to proceed with the terms of this Agreement, and until the date and time of Closing, Seller does hereby further covenant and agree as follows:
Seller's Additional Covenants. Seller hereby covenants and agrees that from and after the date hereof until the Closing, Seller shall not, without the prior written consent of Purchaser, change or alter the physical condition of the Property, remove or alter any Improvements, or remove any trees, or grant or otherwise create or consent to the creation of any easement, restriction, lien, assessment, or encumbrance affecting the Property or any portion or portions thereof; PROVIDED, HOWEVER, the lessee under the Lease may make such alterations in the ordinary course of business as are permitted under the Lease including, without limitation, painting the Building. Seller covenants that, from the date of this Agreement up to and including the date of Closing, Seller shall not negotiate with any third party respecting the sale of the Property or any interest therein. Seller shall keep all insurance policies regarding the Property in full force and effect until Closing. Seller shall pay and perform all obligations under the Note and Deed of Trust until Closing.
Seller's Additional Covenants. From the Effective Date through the Closing Date, Seller will not knowingly encumber or otherwise transfer any of the Property or any interest therein, except for Permitted Exceptions. Prior to the Closing Date, Seller agrees to prosecute the construction of the Improvements and to maintain, repair, manage and operate the Property in the ordinary course of business and consistent with Seller’s customary practices for the construction and operation of multi-family projects. Seller shall deliver to Buyer a copy of any Service Agreement entered into after the Effective Date.
Seller's Additional Covenants. The Sellers covenant and agree that they will perform and observe the following additional covenants and provisions:
Seller's Additional Covenants. From and after the Effective Date of this Agreement to the date and time of Closing, Seller does hereby further covenant and agree as follows:
