Leasing Commissions and Tenant Improvements. At the Closing, Buyer shall pay or reimburse Sellers for all leasing commissions, tenant improvement costs and allowances and other charges due and payable, or previously paid by a Property Owner, by reason of or in connection with any Leasing Transaction. At or prior to the Closing, Sellers shall (or shall cause the applicable Property Owner to) pay all leasing commissions, tenant improvement costs and allowances and other charges due and payable by reason of or in connection with any Lease listed on Exhibit D (without giving effect to any Leasing Transaction). To the extent that any leasing commissions, tenant improvement costs and allowances and other charges relating to any Lease or Leasing Transaction are not due and payable as of the Closing Date, Buyer shall receive a credit on the Settlement Statement equal to the amount, if any, thereof relating to any Lease listed on Exhibit D (without giving effect to any Leasing Transaction).
Leasing Commissions and Tenant Improvements. Any and all leasing ------------------------------------------- commissions due and tenant improvements with respect to Leases in existence on the date hereof including the Pending Leases (as hereinafter defined in Exhibit "Q") shall be paid in full and discharged by the Partners or the Partnership or credited to Buyer at closing prior to the Close of Escrow. The Partners have entered into that certain Management Agreement with Xxxxxx & Co. a true copy of which is attached hereto as Exhibit "R" (the "Management Agreement"). The Partnership will terminate the Management Agreement as of the Close of Escrow. Buyer shall pay to Xxxxxx & Company a leasing commission earned by Xxxxxx & Company pursuant to the Termination of Management Agreement attached hereto as Exhibit "S". Any and all leasing commissions and tenant improvements with respect to Leases executed after the date of this Agreement in accordance with the consent provisions described below, except for the Pending Leases shall be paid in full and discharged by Buyer.
Leasing Commissions and Tenant Improvements. At the Closing, Buyer shall pay or reimburse Seller for all leasing commissions, tenant improvement costs and allowances and other charges due and payable, or previously paid by Seller, by reason of or in connection with any Leasing Transaction. At or prior to the Closing, Seller shall pay all leasing commissions, tenant improvement costs and allowances and other charges due and payable by reason of or in connection with any Lease listed on Exhibit F (without giving effect to any Leasing Transaction). To the extent that any leasing commissions, tenant improvement costs and allowances and other charges relating to any Lease or Leasing Transaction are not due and payable as of the Closing Date, Buyer shall assume the obligation to pay them pursuant to the General Assignment and will receive a credit on the Settlement Statement equal to the amount, if any, thereof relating to any Lease listed on Exhibit F (without giving effect to any Leasing Transaction).
Leasing Commissions and Tenant Improvements. (a) Each Seller shall pay prior to the Closing Date, or shall give Purchaser a credit at Closing, for Leasing Commissions and TI Obligations to which such Seller has committed under the terms of a Lease or a Lease modification, extension or renewal; provided however, Purchaser shall not be entitled to a credit and Seller shall not be obligated to pay any Leasing Commissions, TI Obligations, free rent and other concessions (all of the foregoing, collectively, “Lease Expenses”) due in connection with a Lease or a Lease modification, extension or renewal that was executed on or after the Effective Date and approved or deemed approved by Purchaser.
Leasing Commissions and Tenant Improvements. Upon or before the Closing, Seller shall pay in full and provide reasonable evidence to Purchaser of such payment (a) all leasing commissions and finder’s fees due to leasing or other agents for the current remaining term of each Lease entered into prior to the Effective Date, excluding specifically, however, unexercised renewal terms and unexercised expansions of any of such Leases and (b) all tenant improvement allowances owed to any tenants under the Leases with respect to any tenant improvement work completed prior to the Effective Date.
Leasing Commissions and Tenant Improvements. Notwithstanding anything herein to the contrary, Purchaser shall be solely responsible for all renewal leasing commissions with respect to the Tenant Leases existing as of the Effective Date, and all leasing commissions, and tenant improvement costs with respect to the Tenant Leases as more particularly described on Exhibit "J" attached hereto and Seller shall receive a credit at closing for any such leasing commissions or tenant
Leasing Commissions and Tenant Improvements. Except as may otherwise be set forth on the schedule attached hereto as EXHIBIT I, commissions of leasing agents and tenant improvement allowances/tenant improvement expenses for any Tenant Leases entered into prior to the date of this Agreement shall be the responsibility of Seller (except that to the extent identified in any Tenant Leases or other documents provided to or made available to Buyer, Seller shall have no responsibility for the payment of commissions which relate to any future expansion or lease renewal or extension or take down of space which occurs after the Close of Escrow, nor shall Seller be responsible for the payment of any tenant improvement allowance/tenant improvement expenses or refurbishment allowances which are not due and owing as of the Close of Escrow, and Buyer shall be solely responsible for all of the same). Except as may otherwise be set forth on the schedule attached hereto as EXHIBIT I, commissions of leasing agents and tenant improvement allowances/tenant improvement expenses for any Tenant Leases entered into on or subsequent to the date of this Agreement, whether with respect to base lease term, future expansions, renewals, or otherwise, shall be prorated between Seller and Buyer based upon the portions of the lease term which occur prior to (which shall be the obligation of Seller) and after (which shall be the obligation of Buyer) the Close of Escrow.
Leasing Commissions and Tenant Improvements. Except as set forth below, any and all leasing commissions and tenant improvements with respect to Leases in existence on the Effective Date shall be paid in full and discharged by Seller at Closing. Any and all leasing commissions and tenant improvements with respect to Leases executed after the Effective Date which have been approved by Buyer in accordance with this Agreement, any leasing commissions on those recently executed Leases, or renewals or extensions, as expressly identified on Exhibit A hereto, shall be paid in full and discharged by Buyer. Any and all leasing commissions and tenant improvements with respect to Leases executed after the Effective Date which have been not been approved by Buyer in accordance with this Agreement shall be paid in full and discharged by Seller. Leasing commissions due to any affiliate of Seller shall be paid by Seller and shall not be prorated.
Leasing Commissions and Tenant Improvements. There are no Leases for which commissions or other compensation of leasing and rental agents are owed.
Leasing Commissions and Tenant Improvements. At the Close of Escrow, Buyer shall assume the obligation to pay all (i) leasing costs that are due or become due on or after the Closing Date to the extent that the same arise from a new Lease or any Lease amendment, extension or expansion hereafter entered into by Seller pursuant to Section 2.7(d), above and (ii) leasing costs that are due after the Closing Date (subject to Buyer's consent rights pursuant to Section 2.7(d), above).
