Common use of Seller's Maintenance of the Properties Clause in Contracts

Seller's Maintenance of the Properties. Between the Effective Date and the Closing Date, Seller shall (a) maintain each Real Property in substantially the same manner as prior hereto pursuant to Seller's normal course of business, subject to reasonable wear and tear and further subject to the occurrence of any damage or destruction to such Real Property by casualty or other causes or events beyond the control of Seller; provided, however, that Seller's maintenance obligations under this Section 7.3 shall not include any obligation to make capital expenditures not incurred in Seller's normal course of business or any other expenditures not incurred in Seller's normal course of business; (b) continue to maintain its existing insurance coverage; and (c) not grant any voluntary liens or encumbrances affecting such Property other than Permitted Exceptions of the type described in clauses (i) and (ix) of Section 5.1.

Appears in 4 contracts

Samples: Agreement of Purchase and Sale (Brandywine Realty Trust), Agreement of Purchase and Sale (Brandywine Realty Trust), Agreement of Purchase and Sale (Brandywine Realty Trust)

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