Alienation and Use of Subject Floor Area Development Rights. (a) Between the Effective Date and the Closing or earlier termination of this Agreement, Seller shall not (i) sell, lease, encumber, pledge, grant an option in or transfer the Subject Floor Area Development Rights, (ii) knowingly take, suffer or permit any act that would prevent Seller from performing its obligations hereunder,
Appears in 4 contracts
Samples: Development Rights Purchase and Sale Agreement, Memorandum of Understanding, Memorandum of Understanding
