Common use of Ongoing Operations Clause in Contracts

Ongoing Operations. During the pendency of this Contract, Seller shall carry on its business and activities relating to the Property, including the leasing of the Property, in substantially in the same manner as it did before the Effective Date.

Appears in 3 contracts

Samples: www.sec.gov, Real Estate Contract (Resource Real Estate Opportunity REIT, Inc.), Real Estate Contract (Resource Real Estate Opportunity REIT, Inc.)

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Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the leasing of the Property, in Property substantially in the same manner as it did before the Effective Datedate of this Agreement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Carramerica Realty L P), Purchase and Sale Agreement (Wells Real Estate Investment Trust Inc)

Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the leasing of the Property, in Property substantially in the same manner as it did before the Effective Date, it being understood that the tenant under the Lease is obligated to maintain the Property pursuant to the Lease.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Brightpoint Inc)

Ongoing Operations. During the pendency of this Contract, Seller shall (a) carry on its business and activities relating to the Property, including the leasing leasing, managing, operating, maintaining and repairing of the Property, in substantially in the same manner as it did before the Effective Date; (b) perform when due all of Seller’s obligations under all applicable laws in the ordinary course of business; and (c) maintain until the Closing Date fire and extended coverage insurance on the Property which is at least equivalent in all material respects to the insurance policies covering the Property as of the Effective Date.

Appears in 1 contract

Samples: Real Estate Contract (Resource Apartment REIT III, Inc.)

Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the leasing of the Property, in Property substantially in the same manner as it did before the Effective Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Investment Trust Inc)

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Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the construction, marketing and leasing of the Property, in substantially in the same manner as it did before the Effective DateDate of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Trade Street Residential, Inc.)

Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the leasing of the Property, in substantially in the same manner as it did before the Effective DateDate of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Asset Capital Corporation, Inc.)

Ongoing Operations. During the pendency of this ContractAgreement, Seller shall carry on its business and activities relating to the Property, including the leasing maintenance of the Property, in substantially in the same manner as it did before the Effective DateDate of this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cyberonics Inc)

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