LEASES AND SERVICE CONTRACTS Sample Clauses

LEASES AND SERVICE CONTRACTS. Seller will perform its material obligations under the Leases and Service Contracts.

LEASES AND SERVICE CONTRACTS. Between the Effective Date of this Agreement and the Closing Date, Seller shall not enter into any material leases of the Properties or any portion thereof or any new Service Contracts that would be binding on Seller after the Closing Date, without Purchaser's prior written consent.

LEASES AND SERVICE CONTRACTS. 16 7.6 Replacements. . . . . . . . . . . . . . . . . . 17 7.7 Liens . . . . . . . . . . . . . . . . . . . . . 17 7.8 Insurance . . . . . . . . . . . . . . . . . . . 17 7.9

LEASES AND SERVICE CONTRACTS. On the Closing Date, MWP V shall assume the Partnership’s obligations under the Leases and the Service Contracts (other than the Terminated Contracts).

LEASES AND SERVICE CONTRACTS. The Company does not represent or warrant that: (i) other than that certain Construction Management Agreement, dated as of March 16, 2017, as amended by that certain Amendment No. 1 and Amendment No. 2 thereto, dated as of October 24, 2017 and February 1, 2023, respectively, by and between 77G Owner and Gilbane Residential Construction LLC (the “Construction Management Agreement”) (including Change Orders, if any, executed in accordance with the terms of the Construction Management Agreement), any particular Lease or service contracts, maintenance contracts, equipment leases, warranties, guarantees, management contracts and bonds, and any other obligations, commitments or arrangements, together with all supplements, amendments and modifications thereto, relating to the construction, development, marketing, operation, maintenance or enjoyment of any Property (collectively, “Service Contracts”) will be in force or effect as of the Closing; or (ii) the Tenants and the parties to the Service Contracts will not be in default under their respective Leases or Service Contracts as of the Closing Date. The termination or expiration of any Lease or Service Contract shall not affect the obligation of Investor under this Agreement.

LEASES AND SERVICE CONTRACTS. From the Effective Date hereof until the Closing, City shall not enter into any lease, contract, license or other delegation of right with respect the City Property that would either survive Closing or would reasonably be expected to have an material effect on the condition of the City Property after Closing. City shall also not cause nor voluntarily permit, any new lien, encumbrance or any matter to cause the condition of title to be changed in any way.

LEASES AND SERVICE CONTRACTS. As a condition benefiting Buyer only, Seller shall have terminated any and all Leases and Service Contracts at or prior to Closing, and Seller shall have paid any termination fees or other charges in connection therewith;

LEASES AND SERVICE CONTRACTS. Attached hereto as Exhibit E is a “Rent Roll” for the Property that reflects all Leases at the Property. The Rent Roll includes a list of all Tenants under the Leases; the termination date of each Lease; the rent payable under each Lease; any renewal, extension, or expansion options; and the security deposit, if any, posted by each Tenant as of the Agreement Date. All service contracts for the Property, which shall mean any contract between Seller and a third-party affecting the Property which may be terminated without cause upon 30 days or less notice, are to be terminated by Seller at the Close of Escrow.

LEASES AND SERVICE CONTRACTS. Attached hereto as Exhibit E is a “Rent Roll” for the Property that reflects all Leases at the Property. The Rent Roll includes a list of all Tenants under the Leases, the termination date of each Lease, the rent payable under each Lease, any renewal, extension or expansion options, and the security deposit, if any, posted by each Tenant as of the Agreement Date. The property management agreement for the Property and any listing agreement for leasing the Property are to be terminated by Seller at the Close of Escrow (provided that Bedford acknowledges that the Continuing Listing Obligations, as defined in Section 8.8.5, will survive such termination). All other service contracts for the Property are to be assigned by Seller and assumed by Bedford as of the Close of Escrow and Seller shall give notice of termination to each vendor under such contract at or prior to the Closing.