Common use of Maintenance of Real Property Clause in Contracts

Maintenance of Real Property. Company will maintain the Real Property, including all of the Improvements, in substantially the same condition as they 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 Buyer.

Appears in 2 contracts

Samples: Stock Purchase Agreement, Stock Purchase Agreement (American Tire Distributors Holdings, Inc.)

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Maintenance of Real Property. The Company and its Subsidiaries will maintain the Real Property, including all of the Improvements, Property in substantially the same condition as they 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 BuyerPurchaser.

Appears in 2 contracts

Samples: Preferred Unit Purchase Agreement (Elandia International Inc.), Preferred Unit Purchase Agreement (Elandia International Inc.)

Maintenance of Real Property. The Company will (and will cause each ---------------------------- of its Subsidiaries to) use its reasonable best efforts to maintain the Leased Real Property, including all of the Improvements, in substantially the same condition as they 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 improvements on the Real Property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Therma Wave Inc)

Maintenance of Real Property. The Company will shall maintain the Real Propertyits real ------------------------------- property, including all of the Improvements, improvements in substantially the same condition as they existed on of 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 improvements on the Real Property real property or any portion thereof, without the prior written consent of the Buyer.

Appears in 1 contract

Samples: Acquisition Agreement (Imaging Technologies Corp/Ca)

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Maintenance of Real Property. The Company will or Subsidiary (as the case may be) shall maintain the Owned and Leased Real Property, including Property and all of the Improvements, other assets in substantially the same condition as they existed on of the date of this Agreement, ordinary wear and tear excepted, and shall not demolish or remove any of the existing Improvementsfacilities, or erect new Improvements material improvements on the Owned and Leased Real Property or any portion thereofthereof other than improvements pursuant to Permitted Capital Expenditures, without the prior written consent of Buyer.

Appears in 1 contract

Samples: Stock Purchase Agreement (International Shipping Enterprises, Inc.)

Maintenance of Real Property. The Company will maintain the Real Property, including all of the Improvementsimprovements, in substantially the same condition as they 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 improvements on the Real Property or any portion thereof, without the prior written consent of Buyer.

Appears in 1 contract

Samples: Merger Agreement (Anaren Inc)

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