Common use of Loan Assumption Documents Clause in Contracts

Loan Assumption Documents. If Purchaser has elected to assume the Existing Indebtedness, such commercially reasonable documents or instruments as the Lender may require to effectuate the assignment by Seller and assumption by Purchaser of the Existing Indebtedness in accordance with the Existing Loan Documents (the “Loan Assumption Documents”);

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Columbia Equity Trust, Inc.), Agreement of Purchase and Sale (Columbia Equity Trust, Inc.)

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Loan Assumption Documents. If Purchaser has elected to assume the Existing Indebtedness, such Such commercially reasonable documents or instruments as the Lender may require to effectuate the assignment by Seller and assumption by Purchaser of the Existing Indebtedness in accordance with the Existing Loan Documents (the “Loan Assumption Documents”);

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Columbia Equity Trust, Inc.), Agreement of Purchase and Sale (Columbia Equity Trust, Inc.)

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Loan Assumption Documents. If Purchaser has elected to assume the Existing Indebtedness, such Such commercially reasonable documents or instruments as the Lender may require to effectuate the assignment by Seller and assumption by Purchaser of the Existing Indebtedness in accordance with the Existing Loan Documents (the “Loan Assumption Documents”);.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (First Potomac Realty Trust)

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