Common use of Post-Closing Vacancy Holdback Clause in Contracts

Post-Closing Vacancy Holdback. Fifteen Thousand and 00/100 Dollars ($15,000) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety (90) days after Closing, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five Thousand and 00/100 Dollars ($5,000.00) from the Post-Closing Vacancy Holdback. After ninety (90) days have elapsed after the closing, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.

Post-Closing Vacancy Holdback. Fifteen Thousand and 00/100 Dollars ($15,00015,000.00) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety sixty (9060) days after Closing, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five Thousand and 00/100 Dollars ($5,000.00) from the Post-Closing Vacancy Holdback. After ninety sixty (9060) days have elapsed after the closing, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.

Post-Closing Vacancy Holdback. Fifteen Thousand and 00/100 Dollars ($15,00015,000.00) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety sixty (9060) days after Closingthe applicable Closing thereof, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five Thousand and 00/100 Dollars ($5,000.00) per occurrence from the Post-Closing Vacancy Holdback. After ninety sixty (9060) days have elapsed after the closingfinal Closing under this Agreement, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.

Post-Closing Vacancy Holdback. Fifteen Thousand and 00/100 Dollars ($15,00015,000.00) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety (90thirty(30) days after Closing, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five Thousand and 00/100 Dollars ($5,000.00) from the Post-Closing Vacancy Holdback. After ninety sixty (9060) days have elapsed after the closing, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.

Post-Closing Vacancy Holdback. Fifteen Ten Thousand and 00/100 Dollars ($15,00010,000.00) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety sixty (9060) days after Closing, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five the amount of actual rent for the unit in question, not to exceed Two Thousand and 00/100 Dollars ($5,000.002,000.00) per occurrence, from the Post-Closing Vacancy Holdback. After ninety sixty (9060) days have elapsed after the closing, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.

Post-Closing Vacancy Holdback. Fifteen Twenty Thousand and 00/100 Dollars ($15,00020,000.00) of the Purchase Price (the “Post-Closing Vacancy Holdback”) shall be withheld by the Escrow Holder subject to the following terms. If any of the properties that comprise the Property become tenantless or vacant because the tenant or other occupant breached the lease or other occupancy agreement within ninety sixty (9060) days after Closing, for each such property, Buyer shall provide back-up documentation reasonably satisfactory to Seller documenting the breach and missing tenant or vacancy and shall be refunded Five Thousand and 00/100 Dollars ($5,000.00) from the Post-Closing Vacancy Holdback. After ninety sixty (9060) days have elapsed after the closing, the balance of the Post-Closing Vacancy Holdback, if any, shall be delivered to Seller.