Acts Affecting Property Sample Clauses

Acts Affecting Property. Seller will refrain from (i) performing any material grading or excavation, construction or removal of any material improvements, or making any other material change or improvement upon or about the Property; (ii) creating or incurring, or suffering to exist, any mortgage, lien, pledge, or other encumbrances in any way affecting the Property that will not be satisfied at Closing; (iii) entering into any new lease, rental agreement or operating agreement affecting any part of the Property; and (iv) committing any waste or nuisance upon the Property, all without the prior written approval of Purchaser, with no obligation of Purchaser to give such approval.

Acts Affecting Property. After the date hereof and prior to Closing, Seller shall continue to operate the Property in the normal and usual manner and will not mortgage or otherwise encumber the Property or remain an obligation of the Owner following Closing without the prior written consent of Buyer. Seller shall comply with its obligations under existing Leases, but shall not enter into any new leases of the Property without the prior written consent of Buyer, which may be granted or withheld in Buyer’s sole and absolute discretion. Seller will refrain from committing any waste or nuisance upon the Property; and Seller will observe the laws, ordinances, regulations, and restrictions affecting the Property and its use and shall operate the Property in a safe and prudent manner.

Acts Affecting Property. After the date hereof, Seller, unless otherwise agreed to in writing by Buyer, will refrain from (a) performing any grading or excavation, construction or removal of any improvements, or making any other change or improvement upon or about the Property; (b) creating or incurring, or suffering to exist, any mortgage, lien, pledge, or other encumbrance in any way affecting the Property, other than the Permitted Exceptions; and (c) committing any waste or nuisance upon the Property; and Seller will maintain and keep the Property in neat condition and will observe all laws, ordinances, regulations and restrictions affecting the Property and its use, and will pay all taxes on the Property, as they become due.