Agreements Affecting the Property. Subject to the provisions in Section 14.11 hereof, Seller hereby covenants and agrees with Buyer that, so long as this Agreement remains in full force and effect, Seller will not sell, assign, convey (absolutely or as security), grant a security interest in, or otherwise encumber or dispose of, the Property (or any interest or estate therein) without the prior written consent of the Buyer. Seller has not executed and will execute no exclusive or other brokerage agreements which will survive the Closing Date. Seller shall not enter into Service Contracts from and after the date of this Agreement without the prior written consent of Buyer, which consent may be granted or withheld in Buyer's sole and absolute discretion; provided, however, that Seller hereby covenants and agrees with Buyer that, so long as this Agreement remains in full force and effect, Seller will continue to operate and manage the Property in substantially the same manner as it has been operated and managed in the past.
Appears in 14 contracts
Samples: Purchase and Sale Agreement (Conam Realty Investors 2 L P), Purchase and Sale Agreement (Conam Realty Investors 5 L P), Purchase and Sale Agreement (Conam Realty Investors 4 L P)
