Security and Other Deposits. The Seller shall pay over to and assign and transfer to the Purchaser at Closing a sum equal to the aggregate of the tenants' unapplied security, cleaning, damage, pet and other deposits under the Leases, to the extent such items have been received by the Seller and have not previously been applied by the Seller towards repairs or for other purposes for which such deposits were being held.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Brown Flournoy Equity Income Fund LTD Partnership), Purchase and Sale Agreement (Brown Flournoy Equity Income Fund LTD Partnership), Purchase and Sale Agreement (Brown Flournoy Equity Income Fund LTD Partnership)
