Common use of Deductions by Holder Clause in Contracts

Deductions by Holder. Holder may deduct from the purchase price -------------------- or from any other amounts that Holder is required to pay to Owner in connection with the Transaction any or all of the following: (i) Any trade payables or other amounts that Owner or any of its affiliates owes to Holder or any of its affiliates with respect to (A) the operation of the business conducted at the Offered Parcel or (B) all or any part of the Offered Parcel, (ii) any transfer fee that Owner or any of its affiliates is required to pay to Holder under a Contract Dealer Gasoline Agreement, an am/pm Mini Market Agreement, or a SmogPros Center Agreement pertaining to the business conducted at the Offered Parcel, and (iii) the unpaid balance of principal and accrued interest on any loan that is payable to Holder or any of its affiliates and that is secured, wholly or partially, by any property that Holder is buying in the Transaction, whether or not the deducted amounts would otherwise be due when Escrow closes.

Deductions by Holder. Holder may deduct from the purchase price -------------------- or from any other amounts that Holder is required to pay to Owner in connection with the Transaction any or all of the following: (i) Any trade payables or other amounts that Owner or any of its affiliates owes to Holder or any of its affiliates with respect to (A) the operation of the business conducted at the Offered Parcel or (B) all or any part of the Offered Parcel, (ii) any transfer fee that Owner or any of its affiliates is required to pay to Holder under a Contract Dealer Gasoline Agreement, an am/pm Mini Market Agreement, or a SmogPros Center Agreement pertaining to the business conducted at the Offered Parcel, and (iii) the unpaid balance of principal and accrued interest on any loan that is payable to Holder or any of its affiliates and that is secured, wholly or partially, by any property properly that Holder is buying in the Transaction, whether or not the deducted amounts would otherwise be due when Escrow closes.

Deductions by Holder. Holder may deduct from the purchase price -------------------- or from any other amounts that Holder is required to pay to Owner in connection with the Transaction any or all of the following: (i) Any trade payables or other amounts that Owner or any of its affiliates owes to Holder or any of its affiliates with respect to (A) the operation of the business conducted at the Offered Parcel or (B) all or any part of the Offered Parcel, (ii) any transfer fee that Owner or any of its affiliates is required to pay to Holder under a Contract Dealer Gasoline Agreement, an am/pm pm. Mini Market Agreement, or a SmogPros Center Agreement pertaining to the business conducted at the Offered Parcel, and (iii) the unpaid balance of principal and accrued interest on any loan that is payable to Holder or any of its affiliates and that is secured, wholly or partially, by any property that Holder is buying in the Transaction, whether or not the deducted amounts would otherwise be due when Escrow closes.

Deductions by Holder. Holder may deduct from the purchase price -------------------- or from any other amounts that Holder is required to pay to Owner in connection with the Transaction any or all of the following: (i) Any trade payables or other amounts that Owner or any of its affiliates owes to Holder or any of its affiliates with respect to (A) the operation of the business conducted at the Offered Parcel or (B) all or any part of the Offered Parcel, (ii) any transfer fee that Owner or any of its affiliates is required to pay to Holder under a Contract Dealer Gasoline Agreement, an am/pm Mini Market Agreement, or a SmogPros Center Agreement pertaining to the business conducted at the Offered Parcel, and (iii) the unpaid balance of principal and accrued interest on any loan that is payable to Holder or any of its affiliates and that is secured, wholly or partially, by any property that Holder is buying in the Transaction, whether or not the deducted amounts would otherwise be due when Escrow closes.