Common use of Maintenance of Permits Clause in Contracts

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property.

Appears in 6 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale (Nanoviricides, Inc.), Agreement of Purchase and Sale (NPS Pharmaceuticals Inc)

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Maintenance of Permits. Seller shall make commercially reasonable efforts to maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Inland Residential Properties Trust, Inc.), Purchase and Sale Agreement (Post Apartment Homes Lp), Purchase and Sale Agreement (Steadfast Income REIT, Inc.)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.), Purchase and Sale Agreement (Paladin Realty Income Properties Inc), Purchase and Sale Agreement (Paladin Realty Income Properties Inc)

Maintenance of Permits. Seller and each of the Property Entities shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownershipownership and occupancy of either Property. On or before the Closing Date for a Property Entity, operation Seller shall transfer to Purchaser any and all licenses, permits or improvement approvals relating to the ownership and/or occupancy of the Property that are in Seller’s name with respect to the respective Property.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (BioMed Realty Trust Inc), Agreement of Purchase and Sale (Human Genome Sciences Inc)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name approvals necessary or reasonably appropriate to the ownership, operation ownership or improvement of the PropertyProperty and the construction of the Improvements.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Carramerica Realty Corp), Edwards J D & Co

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name approvals necessary or reasonably appropriate to the ownership, operation or improvement of the Property.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale, Purchase and Sale Agreement (Varian Semiconductor Equipment Associates Inc)

Maintenance of Permits. Seller Sellers and the Company shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Paladin Realty Income Properties Inc)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the PropertyProperties. The parties shall work together in good faith to transfer any licenses, permits, or approvals that transfer upon the sale of the Properties.

Appears in 1 contract

Samples: Purchase Agreement and Escrow Instructions (Par Pacific Holdings, Inc.)

Maintenance of Permits. To the extent any exist, Seller shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the PropertyParcel A, and are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Maintenance of Permits. Seller shall use commercially reasonable efforts to maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (National Rural Utilities Cooperative Finance Corp /Dc/)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, that are now in its name necessary or reasonably appropriate to existence as of the Effective Date with respect to, and are required for, the development, ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement (TerraCycle US Inc.)

Maintenance of Permits. Seller shall continue to maintain in existence all licenses, permits and approvals, if any, in its name (or in such affiliates’ name, if applicable) necessary or reasonably appropriate to the ownership, operation or improvement of the PropertyProperty and in effect as of the Date of this Agreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Cantor Fitzgerald Income Trust, Inc.)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and that are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Maintenance of Permits. Seller shall will obtain and maintain in existence full force and effect all licenseslicenses and permits, permits and approvalsincluding those presently in existence, if any, in its name which are necessary or reasonably appropriate to for the ownership, operation or improvement of the Property., each of which shall be in effect at all times prior to and on the Closing Date;

Appears in 1 contract

Samples: Agreement of Sale (Cape Bancorp, Inc.)

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Maintenance of Permits. Seller and the Company shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Paladin Realty Income Properties Inc)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement ownership of the Property.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Propertyaccordance with past business practices.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Array Biopharma Inc)

Maintenance of Permits. Seller shall make commercially reasonable efforts to maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the PropertyLand and Improvements, and are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hines Global REIT, Inc.)

Maintenance of Permits. To the extent any exist, Seller shall maintain in existence all licenses, permits and approvalsapprovals that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Maintenance of Permits. Seller shall maintain in existence all material licenses, permits and approvalsapprovals applicable to Seller that are now in existence with respect to, if anyand are required for, in its name necessary or reasonably appropriate to the ownership, operation or improvement of the Property, and are of a continuing nature.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Digital Realty Trust, Inc.)

Maintenance of Permits. Seller shall maintain in existence all existing licenses, permits and approvals, if any, in its name approvals issued to Seller necessary or reasonably appropriate to the ownership, operation or improvement of the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Thermo Fisher Scientific Inc.)

Maintenance of Permits. Seller shall maintain in existence all licenses, permits and approvals, if any, in its name approvals necessary or reasonably appropriate to the ownership, operation or improvement of the Property.. 39 4.2

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Carramerica Realty Corp)

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