Common use of Additional Real Property Clause in Contracts

Additional Real Property. Selling Parties hereby covenant and agree with Buyer and Parent that from the date hereof to the earlier of (i) Closing Date or (ii) termination of this Agreement Seller will not acquire or enter into any option or other agreement to acquire any real property.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Meritage Corp), Master Transaction Agreement (Zenith National Insurance Corp), Agreement of Purchase and Sale (Zenith National Insurance Corp)

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Additional Real Property. Selling Parties hereby covenant and agree with Buyer and Parent that that, without the consent of Buyer, which will not be unreasonably withheld, from the date hereof to the earlier of (i) Closing Date or (ii) termination of this Agreement Agreement, Seller will not acquire or enter into any purchase, option or other agreement to acquire or lease any real propertyproperty other than as disclosed in the Schedules to this Agreement or as otherwise contemplated in Section 3.6. hereof.

Appears in 1 contract

Samples: Asset Purchase Agreement (Meritage Homes CORP)

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