Common use of No Proffers Clause in Contracts

No Proffers. As of the Closing Date, Seller and/or Manager shall have paid (or the provision for the payment of which has been made by Seller) and/or performed, as applicable, all proffers, exactions, development fees, tap fees, connection charges, impact fees, improvements (including off-site improvements) and other requirements imposed by applicable law of any federal, state or local governmental or quasi-governmental authority in connection with the construction and development of the Existing Facilities.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Sunrise Senior Living Inc), Purchase and Sale Agreement (Sunrise Senior Living Inc), Purchase and Sale Agreement (CNL Retirement Properties Inc)

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