Certain Leasing Transactions Clause Samples

Certain Leasing Transactions. Seller shall be solely responsible for Tenant Improvement Costs and leasing commissions payable in connection with the Leases listed on Schedule 5.3 attached hereto and made a part hereof, and the free or reduced rent to be provided thereunder after the Closing, as set forth on Schedule 5.3. If as of the Closing any leasing commissions or Tenant Improvement Costs as set forth on Schedule 5.3 have not been paid, or any free or reduced rent as set forth on Schedule 5.3 has not been provided, Buyer shall receive a credit from Seller at Closing for the amount of the same, and Buyer shall assume the obligation to pay or honor the same.
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Certain Leasing Transactions. (a) Buyer shall be credited at Closing for the amount of all Tenant Improvement Costs and leasing commissions which were incurred, or are to be incurred, in connection with any and all Leases executed, modified or extended by Seller prior to the Effective Date (collectively, “Existing Leasing Costs”), and which remain unpaid as of the Closing Date. At the Closing, Buyer shall assume the obligation to pay Existing Leasing Costs to the extent it receives a credit from Seller therefor, and any contracts pursuant to which any such obligations are incurred shall be assigned to, and assumed by, Buyer at the Closing. For the avoidance of doubt, Existing Leasing Costs do not include any amounts payable in connection with any expansion or extension options granted to any Tenant which have not been exercised as of the Effective Date. Seller shall remain responsible for satisfying any Existing Leasing Costs which were not credited to Buyer at the Closing, which obligation shall survive Closing for the Survival Period. (b) Seller is solely responsible for Tenant Improvement Costs and leasing commissions payable in connection with the new leases, amendments and letters of intent listed on Schedule 5.3 attached hereto and made a part hereof. If as of the Closing any leasing commissions or Tenant Improvement Costs are payable after the Closing Date in connection with any of the leases, lease amendments or letters of intent listed on Schedule 5.3 attached hereto, Buyer shall receive a credit from Seller at Closing for the amount of the same, and Buyer shall assume the obligation to pay the same, and any contracts pursuant to which any such obligations are incurred shall be assigned to, and assumed by, Buyer at the Closing.
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Related to Certain Leasing Transactions

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE SECTION 8.1. Company May Consolidate, Etc.,

  • Consolidation Merger Sale Conveyance and Lease SECTION 10.01. Company May Consolidate, etc.,

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Real estate transactions You must sign the certification. You may cross out item 2 of the certification.