Common use of Interim Operation of the Property Clause in Contracts

Interim Operation of the Property. (a) Except as otherwise contemplated or permitted by this Agreement or approved by Buyer in writing, from the Effective Date to the Closing Date, Seller agrees that it will operate, maintain, repair and lease the Real Property in the ordinary course, on an arm's-length basis and consistent with Seller's past practices and will not dispose of or encumber the Property, except for dispositions of personal property in the ordinary course of business or as otherwise permitted by Section 7.1 or Section

Interim Operation of the Property. (a) Except as otherwise contemplated or permitted by this Agreement or approved by Buyer in writing, from the Effective Date to the Closing Date, Seller agrees that it will (i) substantially perform its obligations under the Existing Lease, (ii) operate, maintain, repair and lease the Real Property in the ordinary course, on an arm's-length basis and consistent with Seller's past practices and (iii) will not dispose of or encumber the Property, except for dispositions of personal property in the ordinary course of business or as otherwise permitted by Section 7.1 or Section