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Common use of Maintenance and Operation of Property Clause in Contracts

Maintenance and Operation of Property. Maintain the Property in its present condition, ordinary wear and tear excepted, and operate the Property in substantially the same manner as the Property has previously been operated by Seller.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Boettcher Western Properties Iii LTD), Purchase and Sale Agreement (Boettcher Western Properties Ii LTD), Purchase and Sale Agreement (Boettcher Western Properties Iii LTD)

Related Clauses

  • Maintenance and Operation
  • Operation of Property
  • Maintenance and Use of Property
  • Operation of Properties
  • Operation and Maintenance of Properties

Parent Clauses

  • WARRANTIES, REPRESENTATIONS AND COVENANTS OF SELLER
  • ACTIONS AFTER THE EFFECTIVE DATE
  • AFFIRMATIVE COVENANTS
  • ACTIONS AFTER THE CONTRACT DATE
  • Obligations of Seller Pending Closing

Sub-Clauses

  • Termination of Service Contracts; Assignment of TCG Agreement
  • With respect to Borrower's Oil and Gas Properties which are operated by operators other than Borrower or a Subsidiary
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