Common use of Maintenance of Real Property Clause in Contracts

Maintenance of Real Property. The Seller will cause the Business to maintain the Real Property, including all of the Improvements, in substantially the same condition as 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Nexgel, Inc.), Asset Purchase Agreement (Onstream Media CORP), Asset Purchase Agreement (Issuer Direct Corp)

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Maintenance of Real Property. The Seller will cause the Business to Sellers shall maintain the Real Property, including all of the Improvements, in substantially the same condition as of 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (MRS Fields Famous Brands LLC), Asset Purchase Agreement (NexCen Brands, Inc.)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Nutraceutical International Corp)

Maintenance of Real Property. The Seller will Sellers shall, and Stockholder shall cause the Business to Sellers to, maintain the Real Property, including all of the Improvements, in substantially the same condition as of 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Greenbrier Companies Inc)

Maintenance of Real Property. The Seller will cause the Business to shall maintain the Real Property, including all of the Improvements, in substantially the same condition as of 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Penn Treaty American Corp)

Maintenance of Real Property. The Seller will cause the Business to maintain the Real PropertyProperty of the Business, including all of the Improvements, in substantially the same condition as 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 Real Property of the Business or any portion thereofthereof other than in the Ordinary Course of Business, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Great Lakes Acquisition Corp)

Maintenance of Real Property. The Seller will cause the Business Company to maintain the Leased Real Property, including any and all of the Improvementsimprovements situated thereon, in substantially the same condition as of the date of this Agreement, ordinary wear and tear and acts of God excepted, and shall not demolish or remove any of the existing Improvementsimprovements situated thereon, or erect new improvements on the Leased Real Property or any portion thereof, without the prior written consent of the BuyerPurchaser.

Appears in 1 contract

Samples: Member Interest Purchase Agreement (Intercept Inc)

Maintenance of Real Property. The Seller will cause the Business each Company and its Subsidiaries to maintain the Real Property, including all of the Improvements, in substantially the same condition as 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Steakhouse Partners Inc)

Maintenance of Real Property. The Seller will cause the Business to shall maintain the Real Property, including all of the Improvements, Improvements in substantially the same condition as 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ohio Art Co)

Maintenance of Real Property. The Seller will cause the Business to Sellers shall maintain the Real Property, including all of the Improvements, in substantially the same condition as 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 Real Property or any portion thereof, without the prior written consent of the BuyerPurchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (Lower Road Associates LLC)

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Maintenance of Real Property. The Seller will cause the Business to shall maintain the Owned Real PropertyProperty and the Lease Facilities, including all of the Improvementsimprovements thereon, in substantially the same condition as of the date of this Agreement, ordinary wear and tear tear, casualty and condemnation excepted, and shall not demolish or remove any of the existing Improvementsimprovements, or erect new improvements on the Real Property real property or any portion thereof, without the prior written consent of the BuyerPurchasers.

Appears in 1 contract

Samples: Asset Purchase Agreement

Maintenance of Real Property. The Seller will cause the Business to shall maintain the Real Property, including all of the Improvements, in substantially the same condition as of 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 Real Property or any portion thereof, without the prior written consent of the BuyerPurchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement (SJW Corp)

Maintenance of Real Property. The Seller will cause the Business to shall maintain the Real Property, including all of the Improvementsimprovements, in substantially the same condition as of the date of this Agreement, ordinary wear and tear excepted, and shall not not, in any material respect, demolish or remove any of the existing Improvementsimprovements, or erect new improvements on the Real Property or any portion thereof, without the prior written consent of the Buyer, except for capital expenditures permitted pursuant to Section 10(a) (ii) .

Appears in 1 contract

Samples: Purchase and Sale Agreement (Five Star Quality Care Inc)

Maintenance of Real Property. The Seller will cause the Business to Sellers shall maintain the Acquired Owned Real PropertyProperty and the Leased Facilities, including all of the Improvementsimprovements thereon, in substantially the same condition as of exists on the date of this AgreementEffective Date, ordinary wear and tear tear, casualty and condemnation excepted, and shall not demolish or remove any of the existing Improvementsimprovements, or erect new improvements on the Acquired Owned Real Property or the Leased Facilities or any portion thereof, without the prior written consent of the BuyerPurchaser.

Appears in 1 contract

Samples: Asset Purchase Agreement

Maintenance of Real Property. The Seller will cause the Business to shall maintain the Real PropertySeller Owned Premises, including all of the Improvements, in substantially the same condition as of 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 Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Silicon Graphics International Corp)

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

Appears in 1 contract

Samples: Asset Purchase Agreement (Generex Biotechnology Corp)

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