Common use of Third Party Contracts Clause in Contracts

Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 9 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 VI, Inc.)

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Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 8 contracts

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

Third Party Contracts. From the Effective Date date of this Agreement through and including the Third Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Dsi Realty Income Fund Viii), Purchase and Sale Agreement (Strategic Storage Growth Trust, Inc.), Purchase and Sale Agreement (Dsi Realty Income Fund Vii)

Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, 5.1 and which shall be on market terms and cancellable on thirty (30) days written notice or less, and without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT III, Inc.), Purchase and Sale Agreement (Preferred Apartment Communities Inc), Purchase and Sale Agreement (Preferred Apartment Communities Inc)

Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.25.1, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 1 contract

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

Third Party Contracts. From Without the prior written consent of Buyer, from the Effective Date through and including the Closing Date, Seller agrees (i) to enter into only those new third-party contracts which are necessary to carry out its obligations under Section 5.2, 5.2 and which shall be on market terms and cancellable on thirty (30) days written notice or less, and without payment of any fee or penaltypenalty and (ii) not to modify any existing Contract. Copies Seller will promptly provide copies of all any such contracts so entered into by Seller shall be promptly provided by Seller to PurchaserBuyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cottonwood Communities, Inc.)

Third Party Contracts. From the Effective Date through and including the Closing Date, and except as allowed in Section 5.4, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 1 contract

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

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Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, 4.1 and which shall be on market terms and cancellable on thirty (30) days written notice or less, and without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 1 contract

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

Third Party Contracts. From the Effective Date through and including the Closing Date, except with prior written consent from Purchaser, Seller agrees to cause the Company to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, 5.2 and which shall be on market terms and cancellable on thirty (30) days written notice or less, and without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 1 contract

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

Third Party Contracts. From the Effective Date through and including the Closing Date, Seller agrees to shall not enter into only those any third-party contracts which other than those that are necessary to carry out its obligations under Section 5.25.1, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

Appears in 1 contract

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

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