Common use of Sale of Personal Property Clause in Contracts

Sale of Personal Property. The Seller will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 3 contracts

Samples: Real Estate Purchase and Sale Agreement (Crescent Real Estate Equities Inc), Real Estate Purchase and Sale Agreement (Crescent Real Estate Equities Inc), Real Estate Purchase and Sale Agreement (Magellan Health Services Inc)

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Sale of Personal Property. The Seller will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal personal property associated with the Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Shopco Regional Malls Lp), Agreement of Purchase and Sale (HRPT Properties Trust)

Sale of Personal Property. The Seller will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 2 contracts

Samples: Acquisition Agreement (Crescent Operating Inc), Purchase and Sale Contract (Ramsay Health Care Inc)

Sale of Personal Property. The Seller will not Not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal personal property associated with any Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Vinebrook Homes Trust, Inc.)

Sale of Personal Property. The Seller will shall not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Tangible Personal Property, except for the use and consumption of inventory inventory, office and other supplies and spare partsparts (Seller hereby agreeing to replace such inventory, office and other supplies and spare parts with items of comparable quality in the ordinary course of business), and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 1 contract

Samples: Real Estate Sale Agreement (Wells Real Estate Investment Trust Inc)

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Sale of Personal Property. The Seller will not Not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business. Seller will maintain its levels of inventory, office and other supplies and spare parts consistent with its past practices with respect to the Asset.

Appears in 1 contract

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

Sale of Personal Property. The Seller Sellers will not transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 1 contract

Samples: Purchase and Sale Contract (Ramsay Health Care Inc)

Sale of Personal Property. The Seller will not not, transfer or dispose of, or permit to be sold, transferred or otherwise disposed of, any item or group of items constituting Personal Property, except for the use and consumption of inventory inventory, office and other supplies and spare parts, and the replacement of worn out, obsolete and defective tools, equipment and appliances, in the ordinary course of business.

Appears in 1 contract

Samples: Purchase and Sale Contract (Us Home Systems Inc /Tx)

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