New Service Contracts. Between the Examination Date (if this Agreement has not been terminated pursuant to Section 15.2) and the Closing Date, without the prior consent of Purchaser, which shall not be unreasonably withheld or delayed, Seller will not enter into any contract that will be an obligation affecting the Property subsequent to such Closing, except contracts entered into in the ordinary course of business that are terminable either without cost or cause on 30-days’ notice.
New Service Contracts. Seller will not enter into any service contract that will be an obligation affecting the Property subsequent to the Closing, except service 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.
New Service Contracts. After the Due Diligence Expiration Date, Seller shall not enter into any agreements for the provision of services to the Improvements or amend any existing Service Contracts (individually, a “New Service Contract”, and collectively, “New Service Contracts”) (except any New Service Contracts which are terminable upon not more than thirty (30) days prior notice and without the payment of any penalty or fee), without the prior written consent of Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed, and which consent shall be deemed to have been denied if Purchaser fails to disapprove in writing of the New Service Contract within five (5) Business Days after Purchaser’s receipt of Seller’s written request for such consent (together with a copy of the New Service Contract).
New Service Contracts. Purchaser covenants and agrees to enter into the New Services Contracts with the Customers of Seller on or before the Closing Date.
New Service Contracts. Seller will not enter into any new service contract which does not terminate prior to Closing, unless Buyer consents thereto in writing, such approval not to be unreasonably withheld, conditioned or delayed. Buyer shall respond to Seller within three (3) business days of receipt of a request for approval from Seller.
New Service Contracts. After the date of this Agreement, Seller shall not enter into any new Service Contracts with respect to the Facilities.
New Service Contracts. From and after the Effective Date, Seller shall promptly deliver to Buyer copies of any proposed new or modified Service Contract that will not expire or be terminated prior to Close of Escrow. From and after the expiration of the Due Diligence Period, Seller shall not, without Buyer’s prior consent, which consent shall not be unreasonably withheld or delayed, enter into any new Service Contract which is not cancelable on thirty (30) days’ notice without penalty. If Buyer fails to respond in writing to any New Service Contract for which Buyer has consent rights as provided in this Section within five (5) Business Days after Seller’s written request for approval, Buyer is deemed to have approved the New Service Contract.
New Service Contracts. During the pendency of this Agreement, Seller shall not enter into any new Service Contract, or modify, amend, renew or extend any Existing Service Contract, that in either case will be an obligation affecting the Asset subsequent to the Closing without Purchaser's prior written consent in each instance (which consent Purchaser shall not unreasonably withhold, condition or delay if requested prior to the expiration of the Inspection Period), provided that Seller may without Purchaser's prior consent enter into Service Contracts in the ordinary course of business that are terminable without cause (and without penalty or premium) on 30 days (or less) notice and Service Contracts and amendments to Existing Service Contracts entered into in the event of an emergency requiring prompt action to avoid or reduce risk to Person or property.
New Service Contracts. Seller shall not amend any existing Service Contract or enter into any contract with respect to the ownership or operation of any Facility, other than in the ordinary course of business and upon similar terms as currently in place, that is not terminable on thirty (30) days notice, or that would otherwise affect the use, operation or enjoyment of any Facility after Closing, without Purchaser’s prior written approval (which approval may be withheld in Purchaser’s sole discretion and shall be deemed denied if Purchaser’s written approval is not delivered to Seller within five (5) Business Days following Seller’s request for such approval).
New Service Contracts. After the Effective Date of this Agreement and without Purchaser’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed, Seller shall not enter into any new third party service or vendor contract (a “Service Contract”) with respect to the Property which is not terminable upon thirty (30) days' notice.
