Resident Deposits. At the Closing, the Purchaser shall receive a credit for the amount of all Resident Deposits or, if required by Law, the segregated accounts containing such Resident Deposits or the amounts therein shall be transferred to the Purchaser.
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Five Star Quality Care Inc), Purchase and Sale Agreement (Five Star Quality Care Inc), Purchase and Sale Agreement (Five Star Quality Care Inc)
Resident Deposits. At the Closing, the Purchaser shall receive a credit for the amount of all Resident Deposits or, (if required by Law, the segregated accounts containing such Resident Deposits or the amounts therein shall be transferred to the Purchaserany).
Appears in 2 contracts
Samples: Transaction Agreement (Five Star Senior Living Inc.), Transaction Agreement (Senior Housing Properties Trust)
