Common use of OBLIGATIONS UNDER CONTRACTS Clause in Contracts

OBLIGATIONS UNDER CONTRACTS. Seller will keep and perform all of the obligations to be performed by Seller under any contracts affecting the Property. Without prior written consent of Buyer, which will not be unreasonably withheld or delayed, Seller will not enter into any contract or agreement providing for the provision of goods or services to or with respect to the Property or the operation thereof unless such contracts or agreements can be terminated without penalty by the Closing Date. Seller will not enter into any leases for any portion of the Property.

Appears in 14 contracts

Samples: Purchase and Sale Agreement (American Family Holdings Inc), Purchase and Sale Agreement (American Family Holdings Inc), Purchase and Sale Agreement (American Family Holdings Inc)

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OBLIGATIONS UNDER CONTRACTS. Seller will keep and perform all of the obligations to be performed by Seller under any contracts affecting the Property. Without prior written consent of Buyer, which will not be unreasonably withheld or delayed, Seller will not enter into any contract or agreement providing for the provision of goods or services to or with respect to the Property or the operation thereof unless such contracts or agreements can be terminated without penalty by the Closing Date. Seller will not enter into any new leases for any portion of the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Family Holdings Inc)

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OBLIGATIONS UNDER CONTRACTS. Seller will keep and perform all of the obligations to be performed by Seller under any contracts affecting the Property. Without prior written consent of Buyer, which will not be unreasonably withheld or delayed, Seller will not enter into any contract or agreement providing for the provision of goods or services to or with respect to the Property or the operation thereof unless such contracts or agreements can be terminated without penalty by the Closing Dateclosing date. Seller will not enter into any leases for any portion of the Propertyproperty.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Family Holdings Inc)

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