Common use of Conditions for the Benefit of Buyer Clause in Contracts

Conditions for the Benefit of Buyer. The obligation of Buyer to consummate the transaction contemplated herein is conditioned upon the satisfaction of the following conditions precedent as of the Closing Date: 1. All representations and warranties of Seller made herein shall remain true and correct; 2. Seller shall have performed all covenants undertaken by Seller in this Agreement to be performed by Seller at or prior to Closing; 3. There shall have been no material adverse change in the physical or economic condition of Property, except as may otherwise be expressly provided for under this Agreement; 4. The Title Company shall issue to Buyer (and Buyer’s lender, as applicable) a title insurance policy (or a marked binder therefor) with all standard exceptions deleted and subject only to the Permitted Exceptions; and 5. All utilities necessary to serve the Property for its use as a mobile home park shall exist and be available within public rights-of-way (or via private easements) and no governmental moratorium or service restriction shall exist that would prevent Buyer from using the Property as a mobile home park.

Conditions for the Benefit of Buyer. The obligation of Buyer to consummate the transaction contemplated herein is conditioned upon the satisfaction of the following conditions precedent as of the Closing Date: 1. All representations and warranties of Seller made herein shall remain true and correct; 2. Seller shall have performed all covenants undertaken by Seller in this Agreement to be performed by Seller at or prior to Closing; 3. There shall have been no material adverse change in the physical or economic condition of Property, except as may otherwise be expressly provided for under this Agreement; 4. The Title Company shall issue to Buyer (and Buyer’s lender, as applicable) a title insurance policy (or a marked binder therefor) with all standard exceptions deleted and subject only to the Permitted Exceptions; and 5. All utilities necessary to serve the Property for its use as a mobile home park shall exist and be available within public rights-of-way (or via private easements) and no governmental moratorium or service restriction shall exist that would prevent Buyer from using the Property as a mobile home park.

Conditions for the Benefit of Buyer. The obligation of Buyer to consummate the transaction contemplated herein is conditioned upon the satisfaction of the following conditions precedent as of the Closing Date: 1. All representations and warranties of Seller made herein shall remain true and correct; 2. Seller shall have performed all covenants undertaken by Seller in this Agreement to be performed by Seller at or prior to Closing; 3. There shall have been no material adverse change in the physical or economic condition of Property, except as may otherwise be expressly provided for under this Agreement; 4. The Title Company shall issue to Buyer (and Buyer’s lender, as applicable) a title insurance policy (or a marked binder therefor) with all standard exceptions deleted and subject only to the Permitted Exceptions; and 5. All utilities necessary to serve the Property for its use as a mobile home park shall exist and be available within public rights-of-way (or via private easements) and no governmental moratorium or service restriction shall exist that would prevent Buyer from using the Property as a mobile home park.. Buyer(s) Initials: /s/ AM Seller(s) Initials: /s/ GC

Conditions for the Benefit of Buyer. The obligation of Buyer to consummate the transaction contemplated herein is conditioned upon the satisfaction of the following conditions precedent as of the Closing Date: 1. All representations and warranties of Seller made herein shall remain true and correct; 2. Seller shall have performed all covenants undertaken by Seller in this Agreement to be performed by Seller at or prior to Closing; 3. There shall have been no material adverse change in the physical or economic condition of Property, except as may otherwise be expressly provided for under this Agreement; 4. The Title Company shall issue to Buyer (and Buyer’s lender, as applicable) a title insurance policy (or a marked binder therefor) with all standard exceptions deleted and subject only to the Permitted Exceptions; and 5. All utilities necessary to serve the Property for its use as a mobile home park shall exist and be available within public rights-of-way (or via private easements) and no governmental moratorium or service restriction shall exist that would prevent Buyer from using the Property as a mobile home park.. Buyer(s) Initials: /s/ AM Seller(s) Initials:/s/ XX