Common use of Exclusions from Personal Property Clause in Contracts

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, existing insurance claims and any existing claims against tenants of the Property, which claims are hereby reserved by Seller.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (RREEF Property Trust, Inc.), Purchase and Sale Agreement (Banc of California, Inc.), Purchase and Sale Agreement (Cubist Pharmaceuticals Inc)

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Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for relating to periods accruing prior to the date hereof, existing insurance claims and any existing claims against tenants of the Property, which claims are hereby reserved by SellerSeller to the extent set forth in Section 1.2 of the Agreement.

Appears in 2 contracts

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

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, and/or existing insurance claims and any existing claims against tenants as of the Property, which claims are hereby reserved by SellerEffective Date except as otherwise set forth in Article XII of the Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (RREEF Property Trust, Inc.)

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, existing insurance claims and any existing claims against tenants of the Property, which claims are hereby reserved by Seller; provided, however, Seller shall have no right to terminate the lease, evict or otherwise dispossess tenant or require Purchaser to declare a default under the lease.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Talon Real Estate Holding Corp.)

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, existing insurance claims and any existing claims against previous tenants of the Property, which claims are hereby reserved by Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Investment Trust Ii Inc)

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Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, existing insurance claims and any existing claims against tenants of the Property, which claims are hereby reserved by Seller; provided, however, Seller shall have no right to terminate the lease, evict or otherwise dispossess any tenant or require Purchaser to declare a default under the lease of any tenant.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Centene Corp)

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, existing insurance claims and any existing claims against previous tenants of the Property, which claims are hereby reserved by Seller, subject to the provisions of the Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cedar Shopping Centers Inc)

Exclusions from Personal Property. It is hereby acknowledged by the parties that the Assigned Property shall not include existing claims relating to any real property tax refunds or rebates for periods accruing prior to the date hereof, and existing insurance claims and any existing claims against tenants of for periods accruing prior to the Property, which claims are hereby reserved by Sellerdate hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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