Common use of Maintenance and Operation of Premises Clause in Contracts

Maintenance and Operation of Premises. Seller will cause the Property to be maintained in its present order and condition, normal wear and tear excepted, and will cause the continuation of the normal operation thereof, including the purchase and replacement of fixtures and equipment, and the continuation of the normal practice with respect to maintenance and repairs so that the Property will, except for normal wear and tear, be in substantially the same condition on the Closing Date as of the Acceptance Date.

Appears in 2 contracts

Samples: Real Estate Purchase Agreement (First Washington Realty Trust Inc), Real Estate Purchase Agreement (First Washington Realty Trust Inc)

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Maintenance and Operation of Premises. Seller will cause the Property to be maintained in its present order and condition, normal wear and tear excepted, and will cause the continuation of the normal operation thereof, including the purchase marketing of the shopping center, the maintenance of the roof in a water-tight condition and replacement repair of fixtures and equipment, and the continuation of the normal practice with respect to maintenance and repairs so that the Property will, except for normal wear and tear, be in substantially the same condition on the Closing Date as of the Acceptance Date.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Cv Reit Inc)

Maintenance and Operation of Premises. Seller will cause the Property to be maintained in its present order and condition, normal wear and tear excepted, and will cause the continuation of the normal operation thereof, including the purchase maintenance of the roof in a water-tight condition and replacement repair of fixtures and equipment, and the continuation of the normal practice with respect to maintenance and repairs so that the Property will, except for normal wear and tear, be in substantially the same condition on the Closing Date as of the Acceptance Date.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Cv Reit Inc)

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Maintenance and Operation of Premises. Seller will cause the Property to be maintained in its present order and condition, normal wear and tear excepted, and will cause the continuation of the normal operation thereof, including the purchase and replacement repair of fixtures and equipment, and the continuation of the normal practice with respect to maintenance and repairs so that the Property will, except for normal wear and tear, be in substantially the same condition on the Closing Date as of the Acceptance Date.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (First Washington Realty Trust Inc)

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