Common use of Concessions and Commissions Clause in Contracts

Concessions and Commissions. No tenants of the Property are entitled to any concessions, rebates, allowances, or free rent for any period after the Closing and none of the Leases or other instrument that will be assigned to Purchaser at Closing provide for commissions payable by the owner of the Property that have not yet been paid by Seller.

Appears in 4 contracts

Samples: Shopping Center Purchase Agreement, Shopping Center Purchase Agreement (Phillips Edison - ARC Shopping Center REIT Inc.), Shopping Center Purchase Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

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Concessions and Commissions. No tenants of the Property are entitled to any concessions, rebates, allowances, or free rent for any period after the Closing Closing, and none of the Leases or other instrument that will be assigned to Purchaser at Closing provide for commissions payable by the owner of the Property for the current term of any Lease that have not yet been paid by Seller.

Appears in 1 contract

Samples: Real Estate Sale Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Concessions and Commissions. No tenants of the Real Property are entitled to any concessions, rebates, allowances, or free rent for any period after the Closing and none of the Leases or other instrument that will be assigned to Purchaser Buyer at Closing provide for commissions payable by the owner of the Real Property that have not yet been paid by Seller.

Appears in 1 contract

Samples: Purchase Agreement (Steadfast Income REIT, Inc.)

Concessions and Commissions. No tenants of the Property Real Properties are entitled to any concessions, rebates, allowances, or free rent for any period after the Closing and none of the Leases or other instrument instruments that will be assigned to Purchaser at Closing provide for commissions payable by the owner of the Property Properties that have not yet been paid by SellerSellers, except with respect to any renewals of the Leases.

Appears in 1 contract

Samples: Shopping Centers Purchase Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)

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Concessions and Commissions. No Except as stated in the tenant leases, no tenants of the Property are entitled to any concessions, rebates, allowances, or free rent for any period after the Closing and none of the Leases or other instrument that will be assigned to Purchaser at Closing provide for commissions payable by the owner of the Property that have not yet been paid by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)

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