Existing TI Obligations. If, by Closing, Seller has not completed and paid in full Existing TI Obligations, then Purchaser shall receive a credit for such remaining costs as reasonably agreed by Purchaser and Seller, and Purchaser shall be responsible for completing and paying such Existing TI Obligations.
Appears in 3 contracts
Samples: Agreement of Sale and Purchase, Agreement of Sale and Purchase (Hartman Short Term Income Properties XX, Inc.), Agreement of Sale and Purchase (G Reit Inc)
Existing TI Obligations. If, by Closing, Seller has not completed and paid in full Existing TI Obligations, then Purchaser the costs attributable thereto shall receive a credit for such remaining costs as reasonably agreed by Purchaser be credited against the Purchase Price at Closing and Seller, and Purchaser Buyer shall be responsible for completing and paying such Existing TI ObligationsObligations (and Buyer shall indemnify, defend and hold harmless Seller from and against any losses or damages resulting from Buyer’s failure to complete and/or pay the same, which indemnity shall survive the Closing).
Appears in 1 contract
Samples: Purchase and Sale Agreement (Universal Health Realty Income Trust)
