Condition of Vacant Units. Make rent-ready all apartment units at the Property which become vacant five (5) or more Business Days prior to the Closing, or to credit Purchaser at Closing in the amount of $750.00 for each apartment unit at the Property which is vacant on the Closing Date, which was vacant five (5) or more Business Days prior to the Closing Date, and which has not been made rent-ready. For purposes of this paragraph, “rent-ready condition” shall mean the condition in which Seller currently delivers vacant units to new tenants at the Property in Seller’s ordinary course of business and operations, freshly painted and cleaned, with all appliances, fixtures, and equipment therein in good working order.
Condition of Vacant Units. At Closing, any units at the Property that are vacated at least five (5) business days prior to Closing shall be put in rent ready condition by Seller in accordance with Seller’s customary management practices at the Property or Purchaser shall receive a credit at Closing in an amount necessary to put any such unit in rent ready condition; provided, however, the amount of any such credit shall not exceed the sum of $750 per unit.
Condition of Vacant Units. At Closing, any units at the Property that are vacated at least five (5) business days prior to Closing shall be put in rent ready condition by Seller in accordance with Seller’s customary management practices at the Property or Purchaser shall receive a credit at Closing in an amount necessary to put any such unit in rent ready condition; provided, however, the amount of any such credit shall not exceed the sum of $750 per unit. Within two (2) business days prior to the Closing Date and subject to the provisions of Section 8.1.2 hereof, Purchaser will be permitted to inspect the vacant units at the Property described in this Section with a representative of Seller upon not less than 24 hours prior notice to Seller. 13.5
Condition of Vacant Units. To the extent that any apartment units at the Property become vacant at least five (5) days prior to the Closing Date (the "Rent-Ready Date"), Seller shall cause all such units to be put in Rent Ready Condition prior to Closing. If any such units are not in Rent Ready Condition by the Closing Date, Purchaser shall receive a credit on the Closing Statement equal to $750.00 for every such unit. For purposes of this Section 6.6, "Rent Ready Condition" shall mean the condition in which Seller currently delivers vacant units to new tenants at the Property in Seller’s ordinary course of business and operations. Notwithstanding the foregoing or anything to the contrary contained herein, Seller shall have no obligation to provide a credit for any unit at the Property which becomes vacant after the Rent-Ready Date.
