RENTS AND DEPOSITS. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deliver to Buyer and Escrow Agent not later than the day immediately prior to XXX information, certified by Seller to be true and accurate as of the date thereof and as of the date of XXX, with respect to (i) the amount of Tenant’s security deposit under the Lease, if any, and (ii) prepaid and/or abated rents, including, without limitation, the amount thereof and the date to which such rents have been paid.
RENTS AND DEPOSITS. If applicable, rents shall be prorated at time of Closing and all deposits, if any, shall be credited or transferred to Buyer at Closing.
RENTS AND DEPOSITS. The Renter must pay all rental fees and security deposits at the time of signing this Rental Agreement. The Renter’s event date will not be reserved until this Rental Agreement and all rental fees and security deposits are received. All rental fees and security deposits may be made by personal check, cash or credit/debit. Checks must be made payable to the City of Victoria. All checks for rental fees and security deposits are cashed upon receipt and will not be held. The Renter must pay a security deposit in an amount determined by the City in consideration of the nature of the event. If no damage occurs and all other terms of this Rental Agreement are met, the City will refund the security deposit in full, only after a full inspection of the premises (inside and out) and of the equipment. If damage occurs, the amount necessary to make repairs will be withheld from the deposit. The Renter is responsible for any damage done by a contractor or caterer hired by the Renter.
RENTS AND DEPOSITS. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deposit with Buyer and Escrow Agent on the day immediately prior to XXX Tenant's security deposit and advance rents paid/abatements, if any, and a statement as to the date to which all rents have been paid.
RENTS AND DEPOSITS. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Buyer shall receive a credit at Closing for security deposits and advance rents paid/abatements, if any, held by Seller and Seller shall deposit with Buyer and Escrow Agent not later than the business day immediately prior to Closing a statement as to the date to which all rents have been paid. All base rent and other charges payable by the Tenant will be prorated between Seller and Buyer as of midnight on the date of Closing as if such rent and other charges had been collected in accordance with the Leases. In no event shall Buyer be obligated to attempt to collect from any Tenant any delinquent or past due sums or amounts owed to Seller, but Buyer shall reasonably cooperate with Seller (at no expense to Buyer) with respect thereto. If following Closing, Seller shall receive a payment of rent from Tenant applicable to any period from and after Closing, Seller shall promptly remit such payment to Buyer. The provisions of this Section 30 shall survive Closing.
RENTS AND DEPOSITS. The Renter must pay all rental fees and security deposits at the time of signing this Rental Agreement. The Renter’s event date will not be reserved until this Rental Agreement, all rental fees and security deposits are received. All rental fees and security deposits made by personal check shall be received by the City of Xxxxxx at least three weeks in advance of the event. Rental fees or security deposits received by the City of Xxxxxx within three weeks of the event must be submitted in the form of a cashier’s check or cash. Checks are to be made payable to the City of Xxxxxx. All checks for rental fees and security deposits are cashed upon receipt, not held. The Renter must pay a security deposit in an amount determined by the City in consideration of the nature of the Event. If no damage occurs and all other terms of this Rental Agreement are met, the City will refund the security deposit in full only after a full inspection of the premises (inside and out) and of the equipment. If damage occurs, the amount necessary to make repairs will be withheld from the deposit. The Renter is responsible for any damage done by a contractor or caterer hired by the Renter.
RENTS AND DEPOSITS. 19 11.3 Utilities...................................................... 19 11.4
RENTS AND DEPOSITS. If there are any leases of the Property, all rents which are actually received by Seller as of the Closing will be prorated. Delinquent rents and rents not paid by Closing will not be prorated and Seller can continue to collect such rents, provided Seller's collection efforts do not involve dispossession of the delinquent tenant. Rents allocable to the period prior to Closing will be the property of Seller and rents allocable to the period after Closing will be the property of Buyer. All rents collected by Buyer or Seller after Closing will be applied first to current rents due and payable and next in satisfaction of the newest accrued rent. Buyer acknowledges that (i) Seller acquired title to the Property by foreclosure or deed in lieu of foreclosure, (ii) Seller may not have received a transfer of security deposits from the prior owner, and (iii) except as to rental agreements entered into by Seller, Seller's rent roll is wholly or partially based on information provided by the prior owner or other third parties. All security and other deposits of existing tenants, together with all interest accrued thereon, if any, as of the Closing Date shall be transferred and assigned to Buyer or Buyer shall receive a credit at Closing for the amount of such deposits as are actually held by Seller. Buyer assumes the obligation to repay all security deposits owing to all tenants of the Property and shall indemnify and hold Seller harmless from any claims for damages by tenants in regard to said deposits. The provisions hereof shall survive the Closing. Seller shall not give Buyer a credit at Closing for any security deposits or prepaid rent not paid or received by Seller, unless otherwise stated in the tenant estoppel letters, which shall take priority.
RENTS AND DEPOSITS. Intentionally deleted.
RENTS AND DEPOSITS. Seller and Buyer agree that, in addition to all other conditions and covenants contained herein, Seller shall deliver to Buyer and Escrow Agent not later than the day immediately prior to XXX information, certified by Seller to be true and accurate as of the date thereof and as of the date of XXX, with respect to (i) the amount of Tenant’s security deposit under the Leases, if any, and (ii) prepaid and/or abated rents, including, without limitation, the amount thereof and the date to which such rents have been paid. All pro-rations, including rent pro-rations, shall be as of the date the Transfer Documents are released from escrow and the proceeds of sale are wired to Seller, which is defined as the “XXX”.
