Common use of Operation of Property Clause in Contracts

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s past practices.

Appears in 22 contracts

Samples: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC), Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.), Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)

AutoNDA by SimpleDocs

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s 's past practices.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P), Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC), Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate and maintain (consistent with Seller’s obligations under the Leases, if any) the Property in a good and businesslike fashion consistent with Seller’s past practicespractices and shall comply with its obligations and enforce its rights under the Leases.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Griffin Capital Essential Asset REIT, Inc.), Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

Operation of Property. During the pendency of this Agreement, Seller --------------------- shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s 's past practices.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Wells Real Estate Fund I), Purchase and Sale Agreement (Overseas Partners LTD)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion manner consistent with Seller’s past practices.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund I)

Operation of Property. During the pendency of this Agreement, Agreement (i) Seller shall continue to operate and maintain (consistent with Seller’s obligations under the Leases, if any) the Property in a good and businesslike fashion consistent with Seller’s past practicespractices and shall comply with its obligations and enforce its rights under the Leases and (ii) Seller shall promptly provide Purchaser with copies of all material notices or other communications given or received with respect to the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s past practicescommercially reasonable manner.

Appears in 1 contract

Samples: Auction Purchase Agreement

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate and maintain the Property in a good and businesslike fashion generally consistent with Seller’s past practices. Such maintenance obligation does not include capital expenditures.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

Operation of Property. During the pendency of this Agreement, Seller shall shall, at Seller's expense, continue to operate the Property in a good and businesslike fashion consistent with Seller’s 's past practices.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Standard Motor Products Inc)

AutoNDA by SimpleDocs

Operation of Property. During the pendency of this Agreement, --------------------- Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s 's past practices.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund I)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property Properties in a good and businesslike fashion consistent with Seller’s past practices.

Appears in 1 contract

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

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike business-like fashion consistent with Seller’s 's past practices.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Heritage Oaks Bancorp)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s past practices. Seller shall, at its or Tenant’s expense, maintain casualty and liability insurance covering the Property until the Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xiii L P)

Operation of Property. During the pendency of this Agreement, Seller shall continue to operate the Property in a good and businesslike fashion consistent with Seller’s past practicespractices and otherwise in accordance with Seller’s obligations as “Landlord” under the terms and conditions of the Lease.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Xi L P)

Time is Money Join Law Insider Premium to draft better contracts faster.