Common use of Further Tenancies Clause in Contracts

Further Tenancies. Between the Effective Date and the Closing Date, without the prior written consent of the Buyer, none of the Leases will be amended to reduce the rents or other charges thereunder or will be renewed for rents or other charges which are less than those payable prior to such renewal; and no new Lease or extension to an existing Lease will be made unless it is on Seller’s standard form of lease.

Further Tenancies. Between the Effective Date date of the execution of this Agreement and the Closing Date, without the prior written consent of the Buyer, none of the Leases will be amended to reduce the rents or other charges thereunder or will be renewed for rents or other charges which are less than those payable prior to such renewal; and no new Lease or extension to an existing Lease will be made unless it is on Seller’s standard form of leaseapproved by Buyer in writing.