Common use of Municipal Improvements Clause in Contracts

Municipal Improvements. CIT shall pay all installments for all municipal work and improvements coming due after the date of the Closing on the CAP Property. CAP shall pay all installments for all municipal work and improvements coming due after the date of the Closing on the CIT Property.

Appears in 2 contracts

Sources: Agreement of Exchange (Crown American Realty Trust), Agreement of Exchange (Pennsylvania Real Estate Investment Trust)