Common use of Leasing Activities Clause in Contracts

Leasing Activities. Except as set forth on Schedule 4.5.1, Seller shall not, from and after the Effective Date, enter into any lease affecting the Property (Tenant Lease, Ground Lease or otherwise) or any modification or amendment thereto, or consent to any sublease under a lease, in each case, without the prior written consent of Buyer, which consent shall not be unreasonably withheld, conditioned or delayed prior to the expiration of the Due Diligence Period, and which consent may be given or withheld in Buyer’s sole discretion after the expiration of the Due Diligence Period. Seller shall copy Buyer on any and all correspondence received from or sent to Tenants regarding such leases and subleases at the notice address below.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.), Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

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Leasing Activities. Except as set forth on Schedule 4.5.1, Seller shall not, from and after the Effective Date, enter into any lease affecting the Property (Tenant Lease, Ground Lease or otherwise) or any modification or amendment thereto, or consent to any sublease under a lease, in each case, without the prior written consent of Buyer, which consent shall not be unreasonably withheld, conditioned or delayed prior to the expiration of the Due Diligence Period, and which consent may be given or withheld in Buyer’s sole discretion after the expiration of the Due Diligence Period. Seller shall copy Buyer on any and all correspondence received from or sent to Tenants regarding such leases and subleases at the notice address below.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Grubb & Ellis Healthcare REIT II, Inc.)

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