Common use of Security Deposits; Leasing Commissions and Tenant Inducement Costs Clause in Contracts

Security Deposits; Leasing Commissions and Tenant Inducement Costs. All unpaid Leasing Commissions, unpaid Tenant Inducements Costs and Security Deposits under the Leases (to the extent not applied to delinquencies, provided the landlord has no future obligation to pay back such amounts to any such applicable Tenants) shall be credited to Buyer and/or its assign at the Closing.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.)

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Security Deposits; Leasing Commissions and Tenant Inducement Costs. All unpaid Leasing CommissionsLease commissions, unpaid Tenant Inducements Costs inducements costs and Security Deposits lease security deposits under the Leases (to the extent not applied to delinquencies, provided the landlord has no future obligation to pay back such amounts to any such applicable Tenants) shall be credited to Buyer and/or its assign at the Closing.

Appears in 1 contract

Samples: Agreement for Sale of Property

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