Assumption of the Leases. As additional consideration, Purchaser shall on and as of the Closing Date, at its sole cost and expense, assume and agree to perform, fulfill and comply with all covenants and obligations which are to be performed and complied with by the Sellers under the Leases, to the extent such obligations first arise or accrue on or after the Closing Date.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Washington Real Estate Investment Trust), Purchase and Sale Agreement (Washington Real Estate Investment Trust), Purchase and Sale Agreement (Washington Real Estate Investment Trust)
Assumption of the Leases. As additional consideration, Purchaser shall shall, on and as of the Closing Date, at its sole cost and expense, assume and agree to perform, fulfill and comply with all covenants and obligations which are to be performed and complied with by the Sellers under the Leases, to the extent such obligations first arise or accrue on or after the Closing Date.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Washington Real Estate Investment Trust), Purchase and Sale Agreement (Washington Real Estate Investment Trust), Purchase and Sale Agreement (Washington Real Estate Investment Trust)
Assumption of the Leases. As additional consideration, Purchaser shall on and as of the Closing Date, at its sole cost and expense, assume and agree to perform, fulfill and comply with all covenants and obligations which are to be performed and complied with by the Sellers Seller under the Leases, to the extent such obligations first arise or accrue on or after the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Washington Real Estate Investment Trust)
Assumption of the Leases. As additional considerationPursuant to the Assignment and Assumption of Leases attached hereto as Exhibit G, Purchaser shall on and as of the Closing Date, at its sole cost and expense, assume and agree to perform, fulfill and comply with all covenants and obligations which are to be performed and complied with by the Sellers as landlord under the Leases, to the extent such obligations first arise or accrue on or after the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (First Potomac Realty Trust)
Assumption of the Leases. As additional consideration, Purchaser shall shall, on and as of the Closing Date, at its sole cost and expense, assume and agree to perform, fulfill and comply with all covenants and obligations which are to be performed and complied with by the Sellers Seller under the Leases, to the extent such obligations first arise or accrue on or after the Closing Date.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Washington Real Estate Investment Trust)