Common use of Payment of Charges and Assessments Clause in Contracts

Payment of Charges and Assessments. All charges and assessments (other than ad valorem property taxes for the year of Closing) for sewer, water, streets, sidewalks, and similar Improvements by any governmental authority affecting the Property, to the extent due and payable prior to Closing, shall have been paid.

Appears in 4 contracts

Samples: Exchange Agreement (BNP Residential Properties Inc), Exchange Agreement (BNP Residential Properties Inc), Exchange Agreement (BNP Residential Properties Inc)

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Payment of Charges and Assessments. All charges and assessments (other than ad valorem property taxes for the year of Closing) for sewer, water, streets, sidewalks, and similar Improvements improvements by any governmental authority affecting the PropertyPlanned Properties, to the extent due and payable prior to the Closing, shall have been paid.

Appears in 1 contract

Samples: Master Agreement (Boddie Noell Properties Inc)

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Payment of Charges and Assessments. All charges and assessments (other than ad valorem property taxes for the year of Closing) for sewer, water, streets, sidewalks, and similar Improvements improvements by any governmental authority affecting the PropertyInitial Properties, to the extent due and payable prior to Closing, shall have been paid.

Appears in 1 contract

Samples: Master Agreement (Boddie Noell Properties Inc)

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