Common use of Maintenance/Operation Clause in Contracts

Maintenance/Operation. Seller shall cause the --------------------- Property to be maintained, repaired and operated in the same manner as prior hereto pursuant to its normal course of business (including making capital expenditures and expenditures of FF&E reserves in such normal course of business). Such continuing operation shall include delivering Property to Buyer at Closing with customary levels of inventories and supplies.

Appears in 1 contract

Sources: Purchase Agreement (DiamondRock Hospitality Co)

Maintenance/Operation. Seller shall cause the --------------------- Property to be maintained, repaired and operated in all material respects in the same manner as prior hereto pursuant to its normal course of business (including making capital expenditures and expenditures of FF&E reserves in such normal course of business). Such continuing operation shall include delivering the Property to Buyer at Closing with customary such levels of inventories and suppliessupplies as Seller has found sufficient in its operation of its business at the Property.

Appears in 1 contract

Sources: Purchase and Sale Agreement (DiamondRock Hospitality Co)