Common use of Contractors and Suppliers Clause in Contracts

Contractors and Suppliers. As of Closing, all contractors, subcontractors, suppliers, architects, engineers, and others who have performed services or labor or have supplied materials in connection with Seller’s acquisition, development, ownership, or management of the Property have been paid in full and all liens arising therefrom (or claims which with the passage of time or the giving of notice, or both, could mature into liens) have been satisfied and released.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Asset Capital Corporation, Inc.), Purchase and Sale Agreement (Asset Capital Corporation, Inc.), Purchase and Sale Agreement (Asset Capital Corporation, Inc.)

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Contractors and Suppliers. As of Closing, all All contractors, subcontractors, suppliers, architects, engineers, and others who have performed services or labor or have supplied materials in connection with Seller’s acquisition, development, ownership, or management of the Property have been paid in full, or will be paid in full on the Closing Date, and all liens arising therefrom (or claims which with the passage of time or the giving of notice, or both, could mature into liens) have been satisfied and releasedreleased or will be satisfied and released on the Closing Date.

Appears in 1 contract

Samples: Real Estate Contract (Industrial Property Trust Inc.)

Contractors and Suppliers. As of Closing, all contractors, subcontractors, suppliers, architects, engineers, and others hired by or on behalf of Seller and who have performed services or labor or have supplied materials in connection with Seller’s acquisition, development, ownership, or management of the Property have been paid in full and all liens arising therefrom (or claims which with the passage of time or the giving of notice, or both, could mature into liens) have been satisfied and released.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Asset Capital Corporation, Inc.)

Contractors and Suppliers. As of Closing, all All contractors, subcontractors, suppliers, architects, engineers, and others who have performed retained by or on behalf of Seller to perform services or labor or have supplied supply materials in connection with Seller’s acquisition, development, ownership, or management of the Property have been paid in full and all liens arising therefrom (or claims which with the passage of time or the giving of notice, or both, could mature into liens) have been satisfied and released.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cantor Fitzgerald Income Trust, Inc.)

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Contractors and Suppliers. As of Closing, all All contractors, subcontractors, suppliers, architects, engineers, and others who have performed services or labor or have supplied materials in connection with Seller’s acquisition, development, ownership, or management of the Property have been paid in full and all liens arising therefrom (or claims which with the passage of time or the giving of notice, or both, could mature into liens) have been or will be satisfied and releasedreleased or insured over by the Title Company.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sanfilippo John B & Son Inc)

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