Common use of Operation of Property Clause in Contracts

Operation of Property. Following completion of the Improvements, and through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business and in a commercially reasonable manner.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust IV, Inc.)

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Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business substantially in accordance with Seller's current practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust IV, Inc.)

Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business substantially in accordance with Seller's past practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted, subject, however, to the requirements of Section 5.7.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.)

Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to operate and maintain the Property Improvements in the normal course of business substantially in accordance with Seller's past practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Preferred Apartment Communities Inc)

Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business substantially in accordance with Seller’s past practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust II, Inc.), Purchase and Sale Agreement (Strategic Storage Trust, Inc.)

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Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business substantially in accordance with Seller’s current practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.), Purchase and Sale Agreement (Strategic Storage Trust VI, Inc.)

Operation of Property. (a) Following completion of the Improvements, and through and including the Closing Date, Seller agrees to operate and maintain the Property in the normal course of business and in a commercially reasonable manner.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Strategic Storage Growth Trust, Inc.)

Operation of Property. Following completion of From the Improvements, and Effective Date through and including the Closing Date, Seller agrees to cause the Company to operate and maintain the Property in the normal course of business substantially in accordance with Company’s past practices with respect to the Property, normal wear and in a commercially reasonable mannertear excepted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (America First Apartment Investors Inc)

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