Common use of Maintenance of the Property; Property Personnel Clause in Contracts

Maintenance of the Property; Property Personnel. Between Seller’s execution of this Agreement and the Closing, Seller shall continue to operate the Property in a manner consistent with the historical operations of the Property, and shall maintain the Property in its existing condition and repair, reasonable wear and tear excepted.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P), Purchase and Sale Agreement (Corporate Realty Income Fund I L P), Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

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Maintenance of the Property; Property Personnel. Between Seller’s 's execution of this Agreement and the Closing, Seller shall continue to operate the Property in a manner consistent with the historical operations of the Property, and shall maintain the Property in its existing condition and repair, reasonable wear and tear excepted.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P), Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

Maintenance of the Property; Property Personnel. Between Seller’s execution of this Agreement and the Closing, Seller shall continue to operate the Property in a manner consistent with the historical operations of the Property, and shall maintain the Property in its existing condition and repair, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

Maintenance of the Property; Property Personnel. Between Seller’s execution of this Agreement and the Closing, Seller shall continue to operate maintain, repair and replace the Property in a manner consistent with the historical operations of the Propertypast practices, and shall maintain at least sufficiently to keep the Property in its existing condition and repaircondition, reasonable wear and tear excepted, and shall not defer any repairs, replacements or maintenance of the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

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Maintenance of the Property; Property Personnel. Between Seller’s execution of this Agreement and the Closing, Seller shall continue to operate the Property in a manner consistent with the historical operations of the Property, and shall (i) maintain the Property in its existing condition and repair, reasonable wear and tear excepted, (ii) cause to be maintained in force, fire and extended coverage insurance upon the Property in the same amounts and coverages as the insurance coverage on the Property on the Effective Date and (iii) not take any action that would knowingly result in a failure to comply with all governmental laws, rules or regulations applicable to the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Corporate Realty Income Fund I L P)

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