Common use of Preservation of Lease Clause in Contracts

Preservation of Lease. Seller shall, from and after the date of --------------------- this Agreement to the date of Closing, use its good faith efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 2 contracts

Samples: Purchase Agreement (Wells Real Estate Investment Trust Inc), Wells Real Estate Investment Trust Inc

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Preservation of Lease. Seller shall, from and after the date of --------------------- this Agreement Seller's acquisition of the Property to the date of Closing, use its good faith efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant Tenants under the Lease Leases to perform all of its their duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease Leases and shall take such actions as are reasonably necessary to enforce the terms and provisions of the LeaseLeases.

Appears in 2 contracts

Samples: Agreement for Purchase (Wells Real Estate Investment Trust Inc), Wells Real Estate Investment Trust Inc

Preservation of Lease. Seller shall, from and after the date of --------------------- this Agreement to the date of Closing, use its good faith efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's ’s expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 1 contract

Samples: Agreement for the Purchase and Sale (Wells Real Estate Investment Trust Inc)

Preservation of Lease. Seller shall, from and after the date of --------------------- this Agreement to the date of Closing, use its good faith efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's ’s expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease. Seller hereby agrees that from and after full execution of this Agreement, Seller shall not credit any portion of the security deposit, if any, against defaults or delinquencies of the Tenant under the Lease.

Appears in 1 contract

Samples: Purchase Agreement (Wells Real Estate Fund Xiii L P)

Preservation of Lease. Seller shall, from and after the date Effective Date --------------------- of --------------------- this Agreement to the date of Closing, use its diligent and good faith efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 1 contract

Samples: Purchase And (Wells Real Estate Fund Viii Lp)

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Preservation of Lease. Seller shall, from and after the date of this --------------------- this Agreement to the date of Closing, use its good faith best efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 1 contract

Samples: Purchase And (Wells Real Estate Fund Viii Lp)

Preservation of Lease. Seller shall, from and after the date of --------------------- this Agreement to the date of Closing, use its good faith best efforts to perform and discharge all of the duties and obligations and shall otherwise comply with every covenant and agreement of the landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its duties and obligations and otherwise comply with each and every one of its covenants and agreements under such Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 1 contract

Samples: Wells Real Estate Investment Trust Inc

Preservation of Lease. Seller shall, from and after the date --------------------- of --------------------- this Agreement to the date of Closing, use its good faith efforts to perform and discharge all of the its material duties and obligations and shall otherwise comply with every material covenant and agreement of the as landlord under the Lease, at Seller's expense, in the manner and within the time limits required thereunder. Furthermore, Seller shall, for the same period of time, use diligent and good faith efforts to cause the Tenant under the Lease to perform all of its material duties and obligations and otherwise comply with each and every one of its material covenants and agreements under such the Lease and shall take such actions as are reasonably necessary to enforce the terms and provisions of the Lease.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (Wells Real Estate Fund Xii Lp)

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