Common use of General Operation of Property Clause in Contracts

General Operation of Property. Except as specifically set forth in this Article VII, Seller shall operate and maintain the Property after the Effective Date in the ordinary course of business, and except as necessary in the Seller’s sole discretion to address (a) any life or safety issue at the Property or (b) any other matter which in Seller’s reasonable discretion materially adversely affects the use, operation or value of the Property, Seller will not make any material alterations to the Property or remove any material Fixtures and Tangible Personal Property without the prior written consent of Purchaser which consent shall not be unreasonably withheld, denied or delayed. Five (5) Business Days prior to the Closing, the Seller shall use commercially reasonable efforts to cause all Tenant Units which have been vacant for five (5) calendar days or more to be in Rent-Ready Condition. Purchaser may, at its option, inspect the Property not less than five (5) Business Days prior to Closing to verify that such vacant Tenant Units are in such rent-ready condition. With respect to each Tenant Unit that has been vacant for five (5) calendar days or more prior to such inspection date that is not in Rent-Ready Condition on the date of Closing, Purchaser shall receive a credit against the Purchase Price at Closing in the sum of $750.00. (As used herein, “

General Operation of Property. Except as specifically set forth in this Article VII7, Seller shall operate and maintain the Property after the Effective Date in the ordinary course of business, and except as necessary in the Seller’s sole discretion to address (a) any life or safety issue at the Property or (b) any other matter which in Seller’s reasonable discretion materially adversely affects the use, operation or value of the Property, Seller will not make any material alterations to the Property or remove any material Fixtures and Tangible Personal Property without the prior written consent of Purchaser which consent shall not be unreasonably withheld, denied or delayed. Five (5) Business Days prior to the Closing, the Seller shall use commercially reasonable efforts to cause all Tenant Units apartment units in the Property which have been vacant for five (5) calendar days or more to be in Renta rent-Ready Conditionready condition (i.e., as necessary, painted, cleaned and carpeted, and with all appliances in working condition). Purchaser may, at its option, inspect the Property not less than five (5) Business Days prior to Closing to verify that such vacant Tenant Units apartment units are in such rent-ready condition. With respect to each Tenant Unit apartment unit that has been vacant for five (5) calendar days or more prior to such inspection date that is not in Renta rent-Ready Condition ready condition on the date of Closing, Purchaser shall receive a credit against the Purchase Price at Closing in the sum of $750.00. (As used herein, “.

General Operation of Property. Except as specifically set forth in this Article VII7, Seller shall operate and maintain the Property after the Effective Date in the ordinary course of business, and except as necessary in the Seller’s sole discretion to address (a) any life or safety issue at the Property or (b) any other matter which in Seller’s reasonable discretion materially adversely affects the use, operation or value of the Property, Seller will not make any material alterations to the Property or remove any material Fixtures and Tangible Personal Property without the prior written consent of Purchaser which consent shall not be unreasonably withheld, denied or delayed. Five (5) Business Days prior to the Closing, the Seller shall use commercially reasonable efforts to cause all Tenant Units apartment units in the Property which have been vacant for five (5) calendar days or more to be in Renta rent-Ready Conditionready condition (i.e., as necessary, painted, cleaned, and carpeted, and with all appliances in working condition). Purchaser may, at its option, inspect the Property not less than five (5) Business Days prior to Closing to verify that such vacant Tenant Units apartment units are in such rent-ready condition. With respect to each Tenant Unit apartment unit that has been vacant for five (5) calendar days or more prior to such inspection date that is not in Renta rent-Ready Condition ready condition on the date of Closing, Purchaser shall receive a credit against the Purchase Price at Closing in the sum of $750.00. (As used herein, “.