Common use of Actions Prohibited Clause in Contracts

Actions Prohibited. Seller shall not, without the prior written approval of Purchaser, which approval shall not be unreasonably withheld or delayed: (i) make any material structural alterations or additions to the Real Property except as (a) in the ordinary course of operating the Real Property, (b) required for maintenance and repair or (c) required by any of the leases or the Contracts; (ii) sell, transfer, encumber or change the status of title of all or any portion of the Golf Course; (iii) change or attempt to change, directly or indirectly, the current zoning of the Real Property in a manner materially adverse to it; or (iv) cancel, amend or modify, in a manner materially adverse to the Real Property, any license or permit held by Seller with respect to the Real Property or any part thereof which would be binding upon Purchaser after the Closing.

Actions Prohibited. Seller shall not, without the prior written approval of Purchaser, which approval shall will not be unreasonably withheld or delayed: : (i) make any material structural alterations or additions to the Real Property except as (a) in the ordinary course of operating the Real Property, (b) required for maintenance and repair or repair, (c) required by any of the leases Leases or the Contracts; , or (d) required by this Agreement; (ii) sell, transfer, encumber or change the status of title of all or any portion of the Golf Course; Property; (iii) change or attempt to change, directly or indirectly, the current zoning of the Real Property in a manner materially adverse to it; or or (iv) cancel, amend or modify, in a manner materially adverse to the Real Property, any license or permit held by Seller with respect to the Real Property or any part thereof which would be binding upon Purchaser after the Closing.

Actions Prohibited. Seller shall not, without the prior written approval of Purchaser, which approval shall will not be unreasonably withheld or delayed: : (i) make any material structural alterations or additions to the Real Property except as (a) in the ordinary course of operating the Real Property, (b) required for maintenance and repair or repair, (c) required by any Lease or any of the leases Contracts or the Contracts; (d) required by this Agreement; (ii) sell, transfer, encumber or change the status of title of all or any portion of the Golf Course; Property; (iii) change or attempt to change, directly or indirectly, the current zoning of the Real Property in a manner materially adverse to itProperty; or or (iv) cancel, amend or modify, in a manner materially adverse to the Real Property, any license or permit held by Seller with respect to the Real Property or any part thereof which would be binding upon Purchaser after the Closing.

Actions Prohibited. Seller shall not, without the prior written approval of PurchaserBuyer, which approval shall will not be unreasonably withheld withheld, conditioned or delayed: : (i) make any material structural alterations or additions to the Real Property except as (a) in the ordinary course of operating the Real Property, (b) as required for maintenance and repair or (c) as required by any Governmental Authority or any of the leases Leases or the Contracts; ; (ii) sell, transfer, encumber or change the status of title of all or any portion of the Golf Course; Property; (iii) change or attempt to change, directly or indirectly, the current zoning of the Real Property in a manner materially adverse to it; or or (iv) cancel, amend or modify, in a manner materially adverse to the Real Property, any license or permit held by Seller with respect to the Real Property or any part thereof which Approval that would be binding upon Purchaser Buyer after the Closing.

Actions Prohibited. Seller shall not, without the prior written approval of Purchaser, which approval shall will not be unreasonably withheld or delayed: : (i) make any material structural alterations or additions to the Real Property except as (a) in the ordinary course of operating the Real Property, (b) required for maintenance and repair or repair, (c) required by any of the leases Leases or the Contracts; Contracts or (d) required by this Agreement; (ii) sell, transfer, encumber or change the status of title of all or any portion of the Golf Course; Property; (iii) change or attempt to change, directly or indirectly, the current zoning of the Real Property in a manner materially adverse to it; or or (iv) cancel, amend or modify, in a manner materially adverse to the Real Property, any license or permit held by Seller with respect to the Real Property or any part thereof which would be binding upon Purchaser after the Closing.