Common use of New TI Obligations Clause in Contracts

New TI Obligations. Buyer shall be responsible for and shall at Closing assume the obligation to pay all New TI Obligations. At Closing, Buyer shall reimburse Seller for the cost of New TI Obligations properly performed and paid for by Seller to the extent such obligations were expressly approved in writing by Buyer pursuant to Section 9 hereof.

Appears in 3 contracts

Samples: Agreement for Purchase (Industrial Income Trust Inc.), Escrow Agreement (Industrial Income Trust Inc.), Lease Commission Agreement (Industrial Income Trust Inc.)

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New TI Obligations. Buyer shall be responsible for and shall at Closing assume the obligation to pay all New TI Obligations. At Closing, Buyer Purchaser shall reimburse Seller for the entire cost of New TI Obligations properly performed and paid for by Seller Seller, and Purchaser shall assume the obligation to perform and pay for such New TI Obligations, to the extent such obligations were expressly approved in writing the same have not been performed or paid by Buyer pursuant to Section 9 hereofSeller.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase, Agreement of Sale and Purchase (Hartman Short Term Income Properties XX, Inc.)

New TI Obligations. Buyer shall be responsible for and shall at Closing assume the obligation to pay all New TI Obligations. At Closing, Buyer Purchaser shall reimburse Seller for the cost of for New TI Obligations properly performed and paid for by Seller to the extent such obligations were expressly approved in writing by Buyer pursuant Purchaser, and Purchaser shall assume the obligation to Section 9 hereofperform and pay for such New TI Obligations.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Carramerica Realty Corp)

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New TI Obligations. Buyer shall be responsible for and shall at Closing assume the obligation to pay all New TI Obligations. At Closing, Buyer shall reimburse Seller for the cost of for New TI Obligations properly performed and paid for by Seller Seller, and Buyer shall assume the obligation to the extent perform and pay for such obligations were expressly approved in writing by Buyer pursuant to Section 9 hereofNew TI Obligations.

Appears in 1 contract

Samples: Purchase Agreement and Joint Escrow Instructions (JMB Income Properties LTD Xii)

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