Condition of Land. Subject only to operations, from and after the Effective Date and through any Phase Closing Date, Seller shall maintain the Land within such Phase and subsequent Phases at Seller’s expense in the same manner as Seller has done so previously and shall on the Phase Closing Date deliver the Land within such Phase to Buyer in similar condition as on the Effective Date, natural wear and tear, condemnation or other taking by eminent domain or sale in lieu thereof, and damage or destruction caused by fire, windstorm, or other calamity beyond the control of Seller excepted, except as otherwise provided in Section 25 “Condemnation.”
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement