Common use of Real Property Consents Clause in Contracts

Real Property Consents. The Company shall have used reasonable efforts to obtain the consent of each landlord with whom the Company or any of its subsidiaries has a lease of real property which, by its terms, requires consent in the event of a change of control of the Company, and the written consent of such landlords shall have been received by the Company. Buyer shall have received notice from the Sellers by the Closing Date, identifying any landlord that has not given any necessary consent as of such date.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Integrated Health Services Inc), Stock Purchase Agreement (Integrated Health Services Inc)