Cure of Violations. On or before the Closing Date, Seller shall cure (or escrow sufficient funds at the Closing with the Buyer's Title Company to cure) (i) all violation(s) of law, code, ordinance or regulation that are the subject of any written notice issued by a Governmental Authority with respect to the Property, and (ii) legal deficiencies discovered at or in any Property before the Closing. All covenants made in this Agreement by Seller shall survive the Closing for a period of eighteen (18) months.
Appears in 2 contracts
Samples: Development Property Acquisition Agreement (Corporate Office Properties Trust), Development Property Acquisition Agreement (Corporate Office Properties Trust)
Cure of Violations. On or before the Closing Date, Seller Sellers shall cure (or escrow sufficient funds at the Closing with the Buyer's Title Company to cure) (i) all violation(s) of law, code, ordinance or regulation that are the subject of any written notice issued by a Governmental Authority with respect to the Propertyany Project, and (ii) legal deficiencies discovered at or in any Property Project before the Closing. All covenants made in this Agreement by Seller shall survive the Closing for a period of eighteen (18) months.
Appears in 2 contracts
Samples: Contribution Agreement (Baltimore Gas & Electric Co), Contribution Agreement (Corporate Office Properties Trust)
