Common use of Responsibility for Violations Clause in Contracts

Responsibility for Violations. 6.1 Purchaser shall acquire the Property subject to all Violations except that Seller shall pay at or before the Closing, any and all fines, fees, penalties, interests and/or charges imposed with respect thereto through the Closing Date.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (American Realty Capital New York Recovery Reit Inc), Purchase and Sale Agreement (American Realty Capital New York Recovery Reit Inc)