Accounts Payable. The Purchaser shall receive a credit for any and all accounts payable owed by the Seller in connection with the Property as of the Closing Date.
Appears in 7 contracts
Sources: Purchase and Sale Agreement (Moody National REIT II, Inc.), Purchase and Sale Agreement (Moody National REIT II, Inc.), Agreement of Purchase and Sale (Moody National REIT II, Inc.)
Accounts Payable. The Purchaser shall receive a credit for any and all accounts payable owed by the Seller in connection with the Property as of the Closing Date.
Appears in 4 contracts
Sources: Purchase and Sale Agreement, Agreement of Purchase and Sale (Moody National REIT II, Inc.), Purchase and Sale Agreement (Moody National REIT I, Inc.)
Accounts Payable. The Purchaser shall receive a credit for any and all accounts payable owed by the Seller in connection with any portions of the Property which Purchaser is assuming, as of the Closing Date.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Lodging Fund REIT III, Inc.), Purchase and Sale Agreement (Lodging Fund REIT III, Inc.)
Accounts Payable. The Purchaser shall receive a credit for any and all accounts payable owed by the Seller in connection with the Property as of the Closing Date.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Moody National REIT II, Inc.), Purchase and Sale Agreement (Moody National REIT II, Inc.)
Accounts Payable. The Purchaser shall receive a credit for any and all accounts payable owed by the Seller in connection with the any portions of Property which Purchaser is assuming as of the Closing Date.
Appears in 1 contract
Sources: Agreement of Purchase and Sale (Moody National REIT I, Inc.)