Common use of New Contracts Clause in Contracts

New Contracts. Seller will not enter into any contract that will be an obligation affecting the Premises subsequent to the Closing except contracts entered into in the ordinary course of business that are terminable without cause on thirty (30) days' notice.

Appears in 3 contracts

Samples: Agreement (Cedar Income Fund LTD /Md/), Agreement for the Sale (Cedar Income Fund LTD /Md/), Agreement (Cedar Income Fund LTD /Md/)

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New Contracts. Seller will not enter into any contract Service Contract or other agreement that will be an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause on thirty (30) -days' notice’ notice or upon sale of the Property.

Appears in 3 contracts

Samples: Agreement of Purchase and Sale (Asset Capital Corporation, Inc.), Agreement of Purchase and Sale (Asset Capital Corporation, Inc.), Agreement of Purchase and Sale (Asset Capital Corporation, Inc.)

New Contracts. Seller will not enter into into, amend or terminate any contract that will be an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into into, amended or terminated in the ordinary course of business that are terminable without cause and without penalty on not more than thirty (30) days' ’ prior notice.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Rexford Industrial Realty, Inc.), Agreement of Purchase and Sale (Rexford Industrial Realty, Inc.)

New Contracts. Seller will not enter into any contract Service Contract or other agreement that will be an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause on thirty (30) days' noticeor prior to the Closing.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Asset Capital Corporation, Inc.), Agreement of Purchase and Sale (Asset Capital Corporation, Inc.)

New Contracts. Seller will not enter into any contract that will be an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause and without the payment of any termination penalty on thirty (30) not more than 30 days' ’ prior notice.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Lighting Science Group Corp), Agreement of Purchase and Sale (KBS Real Estate Investment Trust, Inc.)

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New Contracts. Seller will not enter into any contract that will be ------------- an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause on thirty (30) -days' notice.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (First Capital Insured Real Estate Limited Partnership)

New Contracts. Seller will not enter into any contract that will be an obligation affecting the Premises Property subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause and without the payment of any termination penalty on no more than thirty (30) days' ’ prior notice.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Rexford Industrial Realty, Inc.)

New Contracts. Seller will not enter into any contract that will be an obligation affecting any one of the Premises Properties subsequent to the Closing Closing, except contracts entered into in the ordinary course of business that are terminable without cause and without the payment of any termination penalty on not more than thirty (30) days' ’ prior notice.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inland Real Estate Income Trust, Inc.)

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