Common use of Damage or Condemnation Prior to Closing Clause in Contracts

Damage or Condemnation Prior to Closing. Seller shall promptly notify Buyer of any casualty to the Property or any condemnation proceeding commenced prior to the Close of Escrow. Thereafter, the provisions set forth in Paragraphs 18(a), (b) and (c) below shall apply.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions, Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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Damage or Condemnation Prior to Closing. Seller Sellers shall promptly notify Buyer of any casualty to any of the Property Properties or any condemnation proceeding affecting any of the Properties commenced prior to the Close of Escrow. Thereafter, the provisions set forth in Paragraphs Sections 18(a), (b) and (c) below shall apply.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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Damage or Condemnation Prior to Closing. Seller shall promptly notify Buyer of any casualty to the Property or any condemnation proceeding commenced prior to the Close of Escrow. Thereafter, the provisions set forth in Paragraphs Sections 18(a), (b) and (c) below shall apply.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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