Common use of Assumption of Leases Clause in Contracts

Assumption of Leases. An assumption of the Leases and security deposits, which will include an indemnification by Buyer of Seller for all landlord obligations accruing on or after the Date of Closing.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Hancock John Realty Income Fund Iii Limited Partnership), Purchase and Sale Agreement (Hancock John Realty Income Fund Iii Limited Partnership)

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Assumption of Leases. An assumption of the Leases Leases, tenancies, and security depositsdeposits (actually transferred to Buyer), which will include an indemnification by Buyer of Seller for all landlord obligations accruing on or after the Date of Closing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hancock John Realty Income Fund Ii Limited Partnership)

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Assumption of Leases. An assumption of the Leases leases, tenancies, and security deposits, which will include an indemnification by Buyer of Seller for all landlord obligations accruing on or after the Date of Closing.. (2)

Appears in 1 contract

Samples: Purchase and Sale Agreement (Arden Realty Inc)

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