Current Operations. After Buyer's right to terminate under Paragraph 8 expires, Seller may not enter into, amend, or terminate any other contract that affects the operations of the Property without Buyer's prior written approval. Seller will continue to operate the Property in its normal course of business, including routine maintenance, payment of insurance premiums, and other day-to-day obligations.
Appears in 2 contracts
Sources: Commercial Purchase and Sale Contract (Aei Net Lease Income & Growth Fund Xix Limited Partnership), Assignment of Commercial Purchase and Sale Contract (Aei Income & Growth Fund 25 LLC)
Current Operations. After Buyer's right to terminate under Paragraph 8 paragraph 7.3 expires, Seller may not enter into, amend, or terminate any other contract agreement that affects the operations of the Property without Buyer's prior written approval. The Seller of a multifamily Property may continue to lease available units without the Buyer's written approval. Seller will continue to operate the Property in its normal course of business, including routine maintenance, payment of insurance premiums, and other day-to-day obligations.
Appears in 1 contract
Sources: Earnest Money Contract (Elevate.Money REIT I, Inc.)