Pre-Closing Expenses. Xxxxx and Xxxxxx are aware that the escrow agent may incur certain expenses during the course of processing this transaction which must be paid prior to the Close of Escrow. Such costs may include, but are not limited to, demand request fees, common interest community, unit owner’s, condominium or homeowner association document fees, courier fees, overnight mail service and City building and/or inspection reports, if applicable; it is understood and agreed BUYER SHALL DEPOSIT WITH ESCROW THE AMOUNT OF ANY AND ALL SUCH CLOSING COSTS UPON REQUEST BY ESCROW AGENT. Escrow agent is authorized and instructed to release funds for payment of such costs prior to the Closing of Escrow from funds deposited into escrow by Xxxxx. Buyer and Seller acknowledge these funds are not refundable and escrow agent is specifically released from all responsibility and/or liability for payment of any funds pre-released through the escrow.
Pre-Closing Expenses. Buyer and Seller are aware that the Closing Agent and/or the Title Provider may incur certain expenses during the course of processing this transaction that must be paid prior to Closing. Such costs may include, but are not limited to, demand request fees, homeowner association document fees, courier fees, overnight mail service and building and/or inspection reports, if applicable. Closing Agent is authorized and instructed to release funds for payment of such costs prior to Closing from the Xxxxxxx Money. The Parties acknowledge that any funds released under this Section are not refundable and Closing Agent and Title Agent are specifically released from all responsibility and/or liability for payment of any funds released under this Section. At Closing, Closing Agent is authorized to charge the appropriate Party for costs incurred or credit either one if necessary.
Pre-Closing Expenses. Sellers have paid or will pay or cause to be paid in full, prior to the Closing, all bills and invoices for labor, goods, material and services of any kind relating to the Projects and utility charges, relating to the period prior to the Closing. Except as the parties may otherwise agree at or prior to Closing, any alterations, installations, decorations and other work required to be performed under any and all agreements affecting the Projects have been or will, by the Closing, be completed and paid for in full.
Pre-Closing Expenses. All bills and invoices for labor, goods, material and services of any kind relating to the Property for the period prior to Closing, other than those incurred by an tenant at the Property, have been or will be paid in full prior to Closing, if such bills and invoices are received by Contributor prior to Closing; otherwise, if received post-closing, Contributor hereby covenants and agrees to cause such bills and invoices to be paid promptly upon receipt thereof.
Pre-Closing Expenses. Xxxxx(s) and Seller acknowledge and agree that the Escrow Agent may incur certain expenses during the course of processing this transaction which must be paid prior to Closing. Such costs may include, without limitation, demand request fees, association document fees, courier fees, overnight mail service costs and building and/or inspection reports, if applicable. The Escrow Agent is authorized and instructed to release funds for payment of such costs prior to the Closing Date from funds deposited with Escrow Agent by Xxxxx(s). In the event that such amounts deposited with Escrow Agent are not sufficient to pay any expenses due, upon request by Escrow Agent Buyer(s) shall immediately deposit with Escrow Agent any additional amounts necessary to pay such expenses. The parties acknowledge that the funds are not refundable, and the Escrow Agent is specifically released from all responsibility and/or liability for payment of any funds pre-released through Escrow. At Closing, the Escrow Agent is authorized to charge the appropriate party for costs incurred and/or credit the other party for such amounts if necessary.
Pre-Closing Expenses. Except as otherwise specifically provided in this Contract, Seller has paid or will pay in full, prior to Closing, all bills and invoices for labor, goods, material and services of any kind relating to the Property and utility charges (except if and to the extent such utility charges are billed directly to Tenants), relating to the period prior to Closing.
Pre-Closing Expenses. Each Owner has paid or will pay or cause to be paid in full, prior to the Closing, all bills and invoices received prior to the Closing Date for labor, goods, material and services of any kind relating to its Project and utility charges for the period prior to the Closing. Contributor shall pay to Acquiror promptly upon demand all bills and invoices received after the Closing Date for labor, goods, material and services of any kind relating to any Project and utility charges for the period prior to the Closing. Except as disclosed in SCHEDULE 12.4, any alterations, installations, decorations and other work required to be performed on or prior to the Closing under any and all agreements affecting any Project have been or will, by the Closing, be completed and paid for in full.
Pre-Closing Expenses. Except as otherwise specifically provided in this Agreement, Seller has paid or will pay in full, prior to Closing (or promptly following receipt of a xxxx therefor if not received by the Closing), all bills and invoices for labor, goods, material and services of any kind relating to the Property (excepting the Building F Property other than to the extent Seller is liable therefore under the Existing Building F Lease) and utility charges, relating to the period prior to Closing to the extent such bills and invoices are due and payable prior to Closing (so that no bills and invoices are delinquent as of the Closing) except to the extent, if any, Seller is contesting in good faith any such bills and invoices. Any alterations, installations, decorations and other work performed by Seller under any and all agreements affecting the Property (excluding the Building F Property other than to the extent Seller is liable therefore under the Existing Building F Lease) have been or will, by the Closing, be completed and paid for in full by Seller other than: (a) in connection with Seller’s construction activities contemplated by this Agreement, (b) other alterations consented to by Purchaser, which consent shall not be unreasonably withheld, conditioned or delayed, and (c) ordinary course alterations that will be paid timely by Seller in the ordinary course of Seller’s business, all outstanding invoices under clauses (a) through (c) above will be paid current in the ordinary course of Seller’s business.
Pre-Closing Expenses. PURCHASER and Seller are aware that the ESCROW AGENT may incur certain expenses during the course of processing this transaction which must be paid prior to the Closing Date. Such costs may include, but are not limited to, demand request fees, homeowner association document fees, courier fees, overnight mail service and City building reports, if applicable. ESCROW AGENT is authorized and instructed to release funds for payment of such costs prior to the Closing Date from funds deposited with ESCROW AGENT by PURCHASER. The parties acknowledge that said funds are not refundable and ESCROW AGENT is specifically released from all responsibility and/or liability for payment of any funds pre-released through the Transaction. At Closing, ESCROW AGENT is authorized to charge the appropriate party for costs incurred or credit either one if necessary.
Pre-Closing Expenses. Seller will not be delinquent in paying, and will not allow either Property Entity under its Existing Lease to be delinquent in paying, all bills and invoices for labor, goods, material and services of any kind relating to the respective Property and utility charges (except if and to the extent such utility charges are billed directly to tenants), relating to the period prior to such Closing.
