Common use of Restoration Plans Clause in Contracts

Restoration Plans. Seller will obtain Purchaser's approval, which will not be unreasonably withheld, delayed or conditioned, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g), Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REA, loan document, or other agreement to which Seller or any Subsidiary is a party.

Appears in 2 contracts

Samples: Purchase Agreement (New Plan Excel Realty Trust Inc), Purchase Agreement (New Plan Excel Realty Trust Inc)

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Restoration Plans. Seller will obtain Purchaser's ’s approval, which will not may be unreasonably withheld, delayed given or conditionedwithheld in Purchaser’s sole discretion, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g6.1(l), Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REA, loan document, lease or other agreement to which Seller or any Subsidiary is a party.

Appears in 1 contract

Samples: Purchase Agreement (Chelsea Property Group Inc)

Restoration Plans. Seller will obtain Purchaser's ’s approval, which will not be unreasonably withheld, delayed conditioned or conditioneddelayed, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g)foregoing, Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REAreciprocal easement agreement or other operating easement agreement, loan document, document or other agreement to which Seller or any Subsidiary is a party.

Appears in 1 contract

Samples: Agreement of Sale and Purchase (First Midwest Bancorp Inc)

Restoration Plans. Seller will obtain Purchaser's approval, which will not be unreasonably withheld, delayed or conditioned, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g6.1(h), Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REA, loan document, or other agreement to which Seller or any Subsidiary is a party.

Appears in 1 contract

Samples: Purchase Agreement (New Plan Excel Realty Trust Inc)

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Restoration Plans. Seller will obtain Purchaser's ’s approval, which will not be unreasonably withheld, delayed or conditioned, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g), Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REA, loan document, lease or other agreement to which Seller or any Subsidiary is a party, provided the same is at no expense or liability to Purchaser.

Appears in 1 contract

Samples: Purchase Agreement (Flatbush Federal Bancorp Inc)

Restoration Plans. Seller will obtain Purchaser's approvalconsent, which will not be unreasonably withheld, delayed or conditioned, concerning any restoration, repair or re-construction plans for the Property. Notwithstanding the foregoing or Section 6.1(g)foregoing, Seller will be permitted to incur or enter into an agreement to incur any amount reasonably necessary to effect emergency or necessary repairs related to preservation of the Property or health and safety matters or which are required by the terms of any lease, REA, loan document, or other agreement to which Seller or any Subsidiary Assigning Affiliate is a party.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Developers Diversified Realty Corp)

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