Common use of Notices of Sale Clause in Contracts

Notices of Sale. At Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant under the Tenant Leases. The notice shall disclose that the Property has been conveyed to Buyer, that, after Closing, all rents should be paid to Buyer, and that Buyer shall be responsible for the security deposit made under the Tenant Lease. The form of the notice shall be otherwise reasonably acceptable to the Parties.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.), Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

AutoNDA by SimpleDocs

Notices of Sale. At Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant under the Tenant LeasesLeases and each third party under the Contracts (the “Notices of Sale”). The notice Each Notice of Sale shall disclose that the Property has been conveyed to Buyer, that, after Closing, all rents should be paid to Buyer, and that Buyer shall be responsible for the security deposit made under the Tenant LeaseLease or Contract. The form of the notice Notices of Sale shall be otherwise reasonably acceptable to the Parties.. 3102/001/117988.10

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

AutoNDA by SimpleDocs

Notices of Sale. At Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant under the Tenant LeasesLeases and each party under the Contracts. The notice shall disclose that the Property has been conveyed to Buyer, that, after Closing, all rents should be paid to Buyer, and that Buyer shall be responsible for the security deposit made under the Tenant LeaseLease or Contract. The form of the notice shall be otherwise reasonably acceptable delivered to the Parties.Buyer not later than ten (10) business days prior to Closing, and shall be subject to Buyer’s approval, not to be unreasonably withheld. 3102/001/109971.10

Appears in 1 contract

Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.