Requirements of Authorities. (a) The Purchaser is liable for all requirements of Authorities relating to the Property issued after the Agreement Date, except for any requirements of Authorities which arise as a result of the acts of the Vendor after the Agreement Date. (b) The Vendor is liable for all requirements of Authorities relating to the Assets (other than requirements that are the responsibility of Tenants) issued before the Agreement Date.
Appears in 4 contracts
Samples: Contract of Sale (Hines Global REIT, Inc.), Contract of Sale (Hines Global REIT, Inc.), Contract of Sale (Hines Global REIT, Inc.)