Common use of ONGOING PERFORMANCE Clause in Contracts

ONGOING PERFORMANCE. Until the Effective Time, the Merged Partnership shall continue to fulfill all of its obligations under the terms of the Existing Mortgage, the leases encumbering the Property, the service contracts and the executory contracts, and the Merged Partnership shall operate, and perform routine maintenance and repair with respect to, all landscaping, buildings, fixtures and facilities, including, without limitation, the Other Items, in accordance its current practices. With respect to non-routine maintenance or repair, the following shall apply:

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Home Properties of New York Inc), Agreement and Plan of Merger (Home Properties of New York Inc), Agreement and Plan of Merger (Home Properties of New York Inc)

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