Common use of Cash Security Deposits Clause in Contracts

Cash Security Deposits. At Closing, Seller shall give Buyer a credit against the Purchase Price in the aggregate amount of the unapplied refundable deposits, including cash security deposits and other refundable tenant deposits (including refundable pet deposits, if any) under the Leases and any interest payable thereon. Alternatively, Seller may transfer such unapplied refundable deposits to Buyer at Closing in accordance with applicable law.

Cash Security Deposits. At Closing, Seller shall give Buyer a credit against the Purchase Price in the aggregate amount of the unapplied refundable deposits, including any cash security deposits and other refundable tenant deposits (including refundable pet deposits, if any) then required to be held by Seller under the Leases and Leases. In addition, at Closing Seller shall give Buyer a credit in the aggregate amount of any interest payable thereon. Alternatively, Seller may transfer such unapplied refundable deposits to collected from tenants. Seller shall retain (and Buyer at Closing in accordance with applicable lawwill not receive a credit for) any nonrefundable fees collected from tenants.

Cash Security Deposits. At Closing, Seller shall retain any cash security deposits previously paid under the Leases to the Company but shall give Buyer a credit against the Purchase Price in the aggregate amount of the unapplied refundable deposits, including any such cash security deposits and other refundable less any administrative or similar charges to which Seller may be entitled under applicable Law. To the extent that Seller has collected from any tenant any deposits or fees in addition to security deposits (including refundable including, without limitation, pet depositsfees), if any) under the Leases Seller shall retain any such deposits or fees that are non-refundable, and any interest payable thereon. Alternatively, Seller may transfer such unapplied refundable deposits or fees shall be transferred to Buyer in the form of a credit at Closing in accordance with applicable lawClosing.

Cash Security Deposits. At Closing, Seller shall give Buyer a credit against the Purchase Price in the aggregate amount of the unapplied refundable deposits, including any cash security deposits and other refundable then held by Seller under the Leases. To the extent that Seller has collected from any tenant any deposits or fees in addition to security deposits (including refundable including, without limitation, pet depositsfees), if any) under the Leases Seller shall retain any such deposits or fees that are non-refundable, and any interest payable thereon. Alternatively, Seller may transfer such unapplied refundable deposits or fees shall be transferred to Buyer in the form of a credit at Closing in accordance with applicable lawClosing.

Cash Security Deposits. At Closing, Seller shall give Buyer a credit against the Purchase Price in the aggregate amount of the unapplied any refundable deposits, including cash security deposits and other refundable tenant deposits (including refundable pet deposits, if any) made by tenants under the Leases and not applied prior to the Effective Date or in accordance herewith. In addition, at Closing, to the extent that Seller has collected from any interest payable thereon. Alternativelytenant any deposits or fees (including, without limitation, pet fees), Seller may transfer shall retain any such unapplied deposits or fees that are non-refundable, and any refundable deposits or fees shall be transferred to Buyer in the form of a credit at Closing in accordance with applicable lawClosing.