Seller’s Obligations Pending Closing Sample Clauses

Seller’s Obligations Pending Closing. (a) Subject to the provisions of Paragraphs 13 and 14 hereof, and except to the extent that such maintenance is the obligation of any Tenant under the Leases, until Closing, each Respective Seller shall operate and maintain the Respective Seller’s Property in substantially the same manner being operated and maintained by the Respective Seller on the Effective Date, normal wear and tear excepted. Prior to Closing, each Respective Seller shall also maintain its existing fire and extended coverage insurance, if any, with respect to the Respective Seller’s Property.
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Seller’s Obligations Pending Closing. Between the Effective Date and the Closing Date (or termination hereof), Seller shall:
Seller’s Obligations Pending Closing. During the continuance of this Agreement, until Closing or termination of this Agreement as herein provided, Seller covenants to perform in accordance with the following obligations:
Seller’s Obligations Pending Closing. (a) From the Effective Date until the Closing date, Seller will continue to conduct its business on the Property in a good and efficient manner and will maintain the Property in good order and condition, subject to normal wear and tear. Seller will continue to lease space on the Property on the same or better basis than now being leased. Seller has not previously entered into any agreements with respect to the operation of the business conducted on the Property (other than tenant leases and any other agreements described in Exhibit "B" attached to this Agreement) which will be binding on Purchaser after the Closing date, and Seller will not enter into any such agreements which will be binding on Purchaser without the consent in writing of Purchaser. Seller will not sell, assign, or convey any right, title, or interest in the Property to any third party without Purchaser's written approval or permit to exist any lien, encumbrance, or charge thereon without discharging the same prior to Closing.
Seller’s Obligations Pending Closing. (a) Prior to Closing, Seller shall also maintain its existing fire and extended coverage insurance, to the extent currently maintained, with respect to the Property and shall continue to manage and operate the Property in the manner managed and operated as of the date of this Agreement. Without limiting the generality of the foregoing, between the date hereof and Closing Seller shall continue to perform all obligations of landlord under the Leases and shall make all debt service and other payments required under the Loan, and keep the Leases and Loan free from defaults on the part of Seller.
Seller’s Obligations Pending Closing. Except as otherwise agreed in writing, from the date hereof until the Closing, the Seller, APPI, and their respective Affiliates shall:
Seller’s Obligations Pending Closing. Subject to the provisions of Paragraphs 13 and 14 hereof, until Closing, Seller shall maintain the Properties in their condition existing on the Effective Date, normal wear and tear excepted. Prior to Closing, Seller shall also maintain its existing fire and extended coverage insurance, if any, with respect to the Properties. Prior to Closing, Seller may continue its normal leasing activities in accordance with its standard criteria for tenant credit, rent, commissions and improvements, and shall continue to operate the Properties in the manner operated as of the Effective Date. Other than Leases of units as described above, Seller shall not enter into any new Operating Agreement, or modify any existing Operating Agreement, if such new Operating Agreement or modification would be binding on Buyer or the Properties after Closing after the expiration of the Due Diligence Period without Buyer's prior written consent which shall not be unreasonably withheld or delayed. Seller agrees to deliver termination notices in connection with any service contracts identified by Buyer prior to the expiration of the Due Diligence Period if (and only if) such contracts are terminable without fee or charge. At Closing, Seller will execute and deliver to the Title Company an Affidavit and Indemnity in the form of Exhibit H attached hereto, completed for each of the Properties (the "Owner Affidavits").
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Seller’s Obligations Pending Closing. From and after the Commencement Date until the Closing or termination of this Agreement as herein provided, Seller covenants to perform in accordance with the following obligations (except and to the extent that any such obligation shall have been assumed or created by Tenant or is the obligation of Purchaser as tenant under this Agreement):
Seller’s Obligations Pending Closing. Between the date of this Contract and the Closing Date: (a) Seller shall comply in all material respects with all notices of violations of laws, ordinances, orders, regulations or requirements existing at any time between the date hereof and the Closing Date including but not limited to zoning, building, health, safety, pollution control, environmental, fire of similar laws, ordinances, orders and regulations issued by, filed by or served by, any governmental agency having jurisdiction over the Premises, against or affecting the Premises; provided, however, notwithstanding the foregoing or anything to the contrary set forth herein, Seller shall not be obligated to expend an amount exceeding, in the aggregate $10,000.00 to comply with this subparagraph (a)and paragraph 13 hereof. (b) From and after the date hereof through the Closing Date, Seller shall in connection with the Premises:
Seller’s Obligations Pending Closing 
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