Common use of Actions Prior to Closing Clause in Contracts

Actions Prior to Closing. From the date hereof until the Closing Date, the Seller shall not take any action or fail to take any action the result of which would (1) have a material adverse effect on the Interests or the REIT’s ownership thereof, or any material adverse effect on the assets, business, condition (financial or otherwise), results or operation of any Property or any Property Entity after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

Appears in 11 contracts

Samples: Agreement of Purchase and Sale (Postal Realty Trust, Inc.), Agreement of Purchase and Sale (Postal Realty Trust, Inc.), Agreement of Purchase and Sale (Postal Realty Trust, Inc.)

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Actions Prior to Closing. From the date hereof until the Closing Date, the Seller shall not take any action or fail to take any action the result of which would reasonably be expected to (1) have a material adverse effect Material Adverse Effect on the Interests or the REITPurchaser’s ownership thereof, or any material adverse effect Material Adverse Effect on the assets, business, condition (financial Company or otherwise), results or operation of any the Property or any Property Entity after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Alpine Income Property Trust, Inc.)

Actions Prior to Closing. From the date hereof until the Closing Date, the Seller shall not take any action or fail to take any action the result of which would reasonably be expected to (1) have a material adverse effect Material Adverse Effect on the Interests Property, the TIC Interest or the REITPurchaser’s ownership thereof, or any material adverse effect on the assets, business, condition (financial or otherwise), results or operation of any Property or any Property Entity after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Alpine Income Property Trust, Inc.)

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Actions Prior to Closing. From the date hereof until the Closing Date, the Seller shall not take any action or fail to take any action the result of which would (1) have a material adverse effect on the Interests or the REIT’s ownership thereof, or any material adverse effect on the assets, business, condition (financial or otherwise), results or operation of any Property or any Property Entity after the Closing Date or (2) cause any of the representations and warranties contained in this Section 2.2 to be untrue as of the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Postal Realty Trust, Inc.)

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