NEGOTIATION WITH TENANTS. Purchaser shall have the right during the Inspection Period and at any time prior to the Closing Date to contact and negotiate with any current, former or potential tenant or occupant of the Property. Purchaser shall inform such party that it is not the owner of the Property and any agreement that Purchaser and such party enter into shall specifically state that it is contingent on Purchaser acquiring the Property. In the event that Purchaser does not acquire the Property, Purchaser shall deliver a copy of all such agreements to Seller.
Appears in 4 contracts
Samples: Agreement of Sale (Balcor Equity Pension Investors Iv), Agreement of Sale (Balcor Equity Pension Investors Ii), Agreement of Sale (Balcor Equity Pension Investors Iii)
NEGOTIATION WITH TENANTS. Purchaser shall have the right during the Inspection Period and at any time prior to the Closing Date to contact and negotiate with any current, former or potential tenant or occupant of the Property. Purchaser shall inform such party that it is not the owner of the Property and any agreement that Purchaser and such party enter into shall specifically state that it is contingent on Purchaser acquiring the Propertyproperty. In the event that Purchaser does not acquire the Property, Purchaser shall deliver a copy of all such agreements to Seller.
Appears in 1 contract
Samples: Agreement of Sale (Balcor Equity Pension Investors Iii)
