Common use of Performance under Leases and Service Contracts Clause in Contracts

Performance under Leases and Service Contracts. Seller shall (i) carry on its business and activities relating to the Property substantially in the same manner as it did before the Date of this Agreement, and (ii) shall perform its material obligations under the Leases and Service Contracts and other agreements that may affect 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.)

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Performance under Leases and Service Contracts. Seller shall (i) carry on its business and activities relating to the Property substantially in the same manner as it did before the Date of this Agreement, and (ii) shall perform its material obligations under the Leases and Existing Loan Documents, Leases, Service Contracts and other agreements that may affect the Property.

Appears in 1 contract

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

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Performance under Leases and Service Contracts. Seller shall (i) carry on its business and activities relating to and otherwise maintain the Property substantially in the same manner as it did before the Date of this Agreement, and (ii) shall perform its material obligations under the Leases and Service Contracts and other agreements that may affect the Property. Without Purchaser’s prior written consent in each instance, Seller will not amend or terminate any existing Lease, or enter into a new Lease concerning the Property.

Appears in 1 contract

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

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