Common use of Purchase of the Property Clause in Contracts

Purchase of the Property. On or prior to the Closing Date (as defined in Section 13(a)), and subject to the terms and conditions set forth in this Agreement, Seller shall sell, transfer, assign and convey to Purchaser, and Purchaser shall purchase and accept the sale, transfer, assignment and conveyance from Seller of, and assume the obligations of Seller arising from or otherwise relating to, the following: (a) the Property (including, without limitation, the Leases); and (b) all right, title and interest of Seller in and to the contracts and agreements set forth in Exhibit C attached hereto which are still in effect as of the Closing Date, if any (“Contracts”).

Appears in 5 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.), Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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Purchase of the Property. On or prior to the Closing Date (as defined in Section 13(a)), and subject to the terms and conditions set forth in this Agreement, Seller shall sell, transfer, assign and convey to Purchaser, and Purchaser shall purchase and accept the sale, transfer, assignment and conveyance from Seller of, and assume the obligations of Seller arising from or otherwise relating to, the following: (a) the Property (including, without limitation, the LeasesLeases and the Ground Lease); and (b) all right, title and interest of Seller in and to the contracts and agreements set forth in Exhibit C attached hereto which are still in effect as of the Closing Date, if any (“Contracts”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Inland Diversified Real Estate Trust, Inc.)

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