Execution of New Contracts. After the Inspection Period, Seller shall not, without Buyer’s prior written consent in each instance, materially amend or terminate any of the Service Contracts. After the Effective Date, Seller shall not, without Buyer’s prior written consent in each instance, enter into (i) any contract or agreement that will be an obligation affecting the Property or binding on Buyer after the Closing and which is not terminable upon 90 days notice or less, or (ii) any new lease. Each such new service contract or lease entered into by Seller shall constitute a “Service Contract”, respectively, for purposes of this Agreement.
Execution of New Contracts. Seller shall not, without Purchaser’s prior written consent in each instance, materially amend or terminate any of the Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on Purchaser after the Closing, except that (i) Seller may enter into, amend or enforce (including enforcement by termination) service contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new service contracts are terminable without cause or penalty on thirty (30) days notice, and (ii) Seller may conduct leasing activity as provided in Section 5.7(e) hereof. Each such new service contract entered into by Seller shall constitute a “Service Contract” for purposes of this Agreement.
Execution of New Contracts. Seller shall not, without Purchaser's prior written consent in each instance (which consent may be withheld in Purchaser's sole discretion), materially amend, extend, renew or terminate any of the Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on Purchaser after the Closing, except that (i) Seller may enter into, amend or enforce (including enforcement by termination) Service Contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new Service Contracts are terminable without cause or penalty on thirty (30) days notice and provided no amendments add any penalty or notice for termination, and (ii) Seller may conduct leasing activity as provided in Section 5.4(b) hereof.
Execution of New Contracts. Neither Sellers nor the Company shall, without Purchaser’s prior written consent in each instance, materially amend or terminate any of the Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on the Company or Purchaser after the Closing, except that (i) the Company may enter into, amend or enforce (including enforcement by termination) service contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new service contracts are terminable without cause or penalty on thirty (30) days notice, and (ii) the Company may conduct leasing activity as provided in Section 4.7(o) hereof. Each such new service contract entered into by the Company shall constitute a “Service Contract” for purposes of this Agreement
Execution of New Contracts. Seller shall not, without Purchaser’s prior written consent in each instance, amend or terminate any of the Permitted Exceptions or enter into any lease, contract or agreement that will be an obligation affecting Parcel A or binding on Purchaser after the Closing.
Execution of New Contracts. Seller shall not, without Purchaser’s prior written consent in each instance (which consent shall not be unreasonably withheld or delayed during the Inspection Period but which thereafter may be withheld in Purchaser’s sole discretion), materially amend or terminate any of the Designated Service Contracts (as defined in Section 5.7(b)), or enter into any contract or agreement that will be an obligation affecting any portion of the Property or binding on Purchaser after the Closing, except that Seller may enter into, amend or enforce (including enforcement by termination) service contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new service contracts are terminable without cause or penalty on thirty (30) days notice.
Execution of New Contracts. Post shall not, without Jupiter's prior written consent in each instance (which consent shall not be unreasonably withheld or delayed during the Inspection Period but which thereafter may be withheld in Jupiter's sole discretion), materially amend or terminate any of the Designated Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on Jupiter after the Closing, except that (i) Post may enter into, amend or enforce (including enforcement by termination) service contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new service contracts are terminable without cause or penalty on thirty (30) days notice, and (ii) Post may conduct leasing activity as provided in Section 6.4 (b) hereof. Each such new service contract entered into by Post shall constitute a "SERVICE CONTRACT" for purposes of this Agreement.
Execution of New Contracts. Seller shall not, without Purchaser’s prior written consent in each instance (which consent shall not be unreasonably withheld or delayed during the Inspection Period but which thereafter may be withheld in Purchaser’s sole discretion), materially amend or terminate any of the Designated Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on Purchaser after the Closing, except that Seller may enter into, amend or enforce (including enforcement by termination) Service Contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new Service Contracts are terminable without cause, liability or penalty on thirty (30) days notice. Prior to termination of the Inspection Period, Seller may enter into construction contracts for the construction of tenant improvements in accordance with the Leases designated on Exhibit D, which construction contracts shall be assigned by Seller and assumed by Purchaser at Closing, and Purchaser shall reimburse Seller at Closing for any payments made by Seller under such contracts, provided that Seller gives Purchaser notice of any such construction contract entered into. Following termination of the Inspection Period, Seller shall not enter into any construction contract without Purchaser’s prior written consent, which such consent shall not be unreasonably withheld, conditioned or delayed.
Execution of New Contracts. Seller shall not, without Purchaser’s prior written consent in each instance (which consent shall not be unreasonably withheld, conditioned or delayed), (x) materially amend or terminate any of the Designated Service Contracts after Purchaser has notified Seller of the Service Contracts that Purchaser will require be Designated Service Contracts in accordance with Section 5.4(k) or (y) enter into any other contract or agreement that will be an obligation affecting the Property or binding on Purchaser after the Closing. Subject to the foregoing, (i) Seller may enter into, amend or enforce (including enforcement by termination) Service Contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided any new Service Contracts are terminable without cause or penalty on thirty (30) days’ notice.
Execution of New Contracts. Seller shall not, without Purchaser's prior written consent in each instance (which consent shall not be unreasonably withheld or delayed during the Inspection Period but which thereafter may be withheld in Purchaser's sole discretion), materially amend or terminate any of the Designated Service Contracts, or enter into any contract or agreement that will be an obligation affecting the Property or binding on Purchaser after the Closing, except that (i) Seller may enter into, amend or enforce (including enforcement by termination) service contracts in the ordinary course of business as reasonably necessary for the continued operation and maintenance of the Property, provided (x) any new service contracts are terminable without cause or penalty on thirty (30) days notice and (y) Seller notifies Purchaser of such contract, and (ii) Seller may conduct leasing activity as provided in Section 5.4(b) hereof. Each such new service contract entered into by Seller shall constitute a "DESIGNATED SERVICE CONTRACT" for purposes of this Agreement.
