Common use of Assumed Contracts Clause in Contracts

Assumed Contracts. Amounts due under the Assumed Contracts with Buyer to receive a credit at Closing for any amounts unpaid and attributable for the period prior to the Closing Date and Seller to receive a credit at Closing for any amounts previously paid and attributable to the period on and following the Closing Date.

Appears in 7 contracts

Samples: Agreement of Purchase and Sale (Strategic Student & Senior Housing Trust, Inc.), Agreement of Purchase and Sale (Strategic Student & Senior Housing Trust, Inc.), Agreement of Purchase and Sale (Strategic Student & Senior Housing Trust, Inc.)

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Assumed Contracts. Amounts due under the Assumed Contracts with Buyer to receive a credit at Closing for any amounts unpaid and attributable for the period prior to the Closing Date and Seller Sellers to receive a credit at Closing for any amounts previously paid and attributable to the period on and following the Closing Date.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.), Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.)

Assumed Contracts. Amounts due under the Assumed Contracts Contracts, with Buyer to receive a credit at the Closing for any amounts unpaid and attributable for the period prior to the Closing Date and Seller to receive a credit at Closing for any amounts previously paid and attributable to the period on and following the Closing Date.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (American Realty Capital New York City REIT, Inc.)

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Assumed Contracts. Amounts due under the Assumed Contracts with Buyer to receive a credit at Closing for any amounts unpaid and attributable for the period prior to the Closing Date and Seller to receive a credit at Closing for any amounts previously paid and attributable to the period on and following the Closing Date. Revenues under the Assumed Contracts will be prorated pursuant to Section 10.6.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Douglas Emmett Inc)

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