HVAC Escrow Sample Clauses
HVAC Escrow. Attached hereto as Exhibit “D” is a list of HVAC repairs to certain Properties for which Seller has agreed to reimburse Buyer for expenditures made with respect thereto up to those amounts set forth on Exhibit “D” (“HVAC Repairs”). At the Closing Date, the parties will enter into an escrow agreement in substantially the same form as Exhibit “C” attached hereto, which shall provide for the scope of the HVAC Repairs on each Property and in the reimbursement amounts identified on Exhibit “D”.
HVAC Escrow. Attached hereto as Exhibit “D” is a list of HVAC units that Buyer believes may need to be replaced (“Failing HVAC Units”). At the Closing Date, the parties will enter into an escrow agreement in substantially the same form as Exhibit “B” attached hereto, which shall provide that in the event any of the Failing HVAC Units fail to operate within the two year period following Closing, Buyer may replace and receive reimbursement for such replacement from the amount to be escrowed at Closing from Seller’s proceeds and identified on Exhibit “D”.
