Common use of Collection of Delinquent Rent Clause in Contracts

Collection of Delinquent Rent. Purchaser shall have no obligation to collect past due rentals and other amounts from Tenants after the Proration Date. Seller retains its rights in and to such past due rentals, but shall not disturb or otherwise interfere with any Tenant in its occupancy and use and enjoyment of its demised premises.

Appears in 4 contracts

Samples: Contract to Purchase and Sell Property (Angeles Partners Xi), Purchase and Sale Agreement (Consolidated Capital Properties Vi), Contract to Purchase and Sell Property and Escrow Agreement (Angeles Partners X)

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Collection of Delinquent Rent. Purchaser shall have no obligation to collect past due rentals and other amounts from Tenants after the Proration Date. Seller retains its rights in and to such past due rentals, but shall not institute suit to effect collection and shall not disturb or otherwise interfere with any Tenant in its occupancy and use and enjoyment of its demised premises.

Appears in 2 contracts

Samples: Contract to Purchase and Sell Property and Escrow Agreement (National Property Investors 6), Contract to Purchase and Sell Property and Escrow Agreement (National Property Investors 5)

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