Fire or Other Casualty; Condemnation. 11.1 Seller agrees (a) to maintain Seller’s Casualty Insurance in full force and effect through the Closing, and (b) to give Purchaser reasonably prompt notice of any fire or other casualty occurring at the Property of which Seller obtains knowledge, between the date hereof and the date of the Closing, or of any actual or threatened condemnation of all or any part of the Property of which Seller obtains knowledge.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Mack Cali Realty Corp), Agreement of Purchase and Sale (Mack Cali Realty Corp)
Fire or Other Casualty; Condemnation. 11.1 14.1. Seller agrees (a) to maintain Seller’s Casualty Insurance the property insurance policy or policies in full force respect of the Premises, including fire and effect through the Closing, extended coverage and (b) to give Purchaser reasonably prompt notice of any fire or other casualty occurring at the Property Premises of which Seller obtains knowledge, between the date hereof and the date of the Closing, or of any actual or threatened in writing condemnation of all or any part party of the Property Premises of which Seller obtains knowledge.
Appears in 2 contracts
Samples: Contract of Sale (Ashlin Development Corp), Contract of Sale (Ashlin Development Corp)
Fire or Other Casualty; Condemnation. 11.1 12.1 Seller agrees (a) to maintain Seller’s Casualty Insurance in full force its present property insurance policy including fire and effect through the Closing, extended coverage and (b) to give Purchaser reasonably prompt notice of any fire or other casualty occurring at the Property of which Seller obtains knowledge, between the date hereof and the date of the Closing, or of any actual or threatened condemnation of all or any part of the Property of which Seller obtains knowledge.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (CVD Equipment Corp)
Fire or Other Casualty; Condemnation. 11.1 Seller agrees to (a) to maintain Seller’s Casualty Insurance in full force (i) its present property insurance policy including fire and effect through the Closing, extended coverage or (ii) similar insurance coverage and (b) to give Purchaser reasonably prompt notice of any fire or other casualty occurring at the Property of which Seller obtains knowledge, between the date hereof and the date of the ClosingClosing Date, or of any actual or threatened condemnation of all or any part of the Property of which Seller obtains knowledge.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (New York REIT, Inc.)
Fire or Other Casualty; Condemnation. 11.1 12.1. From the Effective Date until the Closing Date, Seller agrees to (a) to maintain Seller’s Casualty Insurance in full force its present property insurance policy including fire and effect through the Closing, extended coverage and (b) to give Purchaser reasonably prompt notice of any fire or other casualty occurring at the Property of which Seller obtains knowledge, between the date hereof and the date of the Closing, or of any actual or threatened condemnation of all or any part of the Property of which Seller obtains actual knowledge.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (CVD Equipment Corp)