Covenants of Optionor. During the Option Period, Optionor shall maintain insurance with respect to the Asset in an amount and type of coverage typical for parties that own similar property. Optionor shall also use its best efforts to (a) maintain the Asset in the condition in which it existed on the Effective Date and (b) store the Asset in a safe place with adequate and proper internal control systems. Optionor agrees to provide Optionee with reasonable access to the Asset for the creation of marketing materials during the Option Period, and all such marketing materials shall remain Optionee’s sole property. Optionor will not advertise the Asset online, in print, on social media, or with a third-party dealer or listing service without Optionee’s prior written agreement. If the Asset is already listed or advertised for sale, Optionor agrees to immediately remove such listing or advertisement in its entirety, including any residual mention of the Asset being “for sale.”
Covenants of Optionor. Optionor covenants and agrees with Optionee that:
Covenants of Optionor. From and after the IPO Closing Date and continuing through the Option Term:
Covenants of Optionor. (a) So long as this Agreement remains in full force and effect, commencing upon the date of this Agreement and extending through the close of escrow, Optionor shall not make any changes to, or otherwise modify, any of the improvements of the property without the written consent of the Optionee.
Covenants of Optionor. Optionor covenants and agrees with Optionee that from and after the date hereof and until the Closing Date, Optionor (i) shall maintain the Stock in the same manner as on the date of this Agreement, (ii) shall not do or cause to be done anything that would cause any representation or warranty of Optionor hereunder to be untrue, and (iii) shall not enter into any debt transaction or other agreement resulting in an encumbrance on the Stock.
Covenants of Optionor. From the date hereof through the Closing Date, Optionor shall not (and shall cause Fee Owner not to), without first obtaining the consent of the Company:
Covenants of Optionor. (a) From the date hereof through the duration of the Option Term, and except in connection with the Formation Transactions, Optionor shall not, without the prior written consent of the Optionee:
Covenants of Optionor. 10.01 The Optionor hereby covenants with and to ITF that:
Covenants of Optionor. 10.01 The Optionor hereby covenants with and to PFN that:
