Common use of Maintenance of Leased Real Property Clause in Contracts

Maintenance of Leased Real Property. Sellers and the Subsidiaries shall maintain the Leased Real Property, including all of the Improvements, in substantially the same condition as existed on the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvements, or erect new improvements on the Leased Real Property or any portion thereof, without the prior written consent of Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Remy International, Inc.)

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Maintenance of Leased Real Property. Sellers Each Asset Seller shall maintain (and the Subsidiaries Stockholders shall maintain cause Central to maintain) the Leased Real Property, including all of the Improvements, in substantially the same condition as existed on of the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvements, or erect new improvements on the Leased Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Purchase Agreement

Maintenance of Leased Real Property. Sellers and the Subsidiaries shall Seller will maintain the Leased Real Property, including all of the Improvements, in substantially the same condition as existed on of the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvements, or erect new material improvements on the Leased Real Property or any portion thereof, without the prior written consent of Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Napro Biotherapeutics Inc)

Maintenance of Leased Real Property. Sellers and the Subsidiaries The Company shall maintain the Leased Real Property, including all of the Improvements, in substantially the same condition as existed on the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvements, or erect new improvements on the Leased Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Sutron Corp)

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Maintenance of Leased Real Property. Sellers and The Seller will cause the Subsidiaries shall Companies to maintain the Leased Real Property, including all of the Improvements, in substantially the same condition as existed on the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvements, or erect new improvements Improvements on the Leased Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (Neuro-Hitech, Inc.)

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