Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Maguire Properties Inc), Purchase and Sale Agreement (Dividend Capital Trust Inc)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a written and signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and Buyer, that Buyer shall be responsible for all the tenant’s security deposit, and giving tenant the name and contact information of the new representative of Buyer on tenant related matters. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s 's security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Strategic Opportunity REIT II, Inc.)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the PropertyHome Depot U.S.A., Inc. (“Tenant”). The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenantTenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant Tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each the tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each such tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Industrial Income Trust Inc.)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed signed, “form” notice letter to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, from and after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (American Realty Capital - Retail Centers of America, Inc.)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s security deposit, the amount of which shall be set forth in such notice. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Hines Real Estate Investment Trust Inc)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed signed, "form" notice letter to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, from and after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s 's security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (American Realty Capital - Retail Centers of America, Inc.)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Comstock Homebuilding Companies, Inc.)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer Buyer, and that Buyer shall be responsible for all of the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Ps Business Parks Inc/Ca)
Tenant Notices. At the Closing, Seller shall furnish Buyer with a signed notice to be given to each tenant of the Property. The notice shall disclose that the Property has been sold to Buyer, that, after the Closing, all rents should be paid to Buyer and that Buyer shall be responsible for all of the tenant’s security deposit. The form of the notice shall be otherwise reasonably acceptable to the parties. Buyer covenants to deliver said notices to each tenant as soon as reasonably possible after Closing. This provision shall expressly survive Closing.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (KBS Strategic Opportunity REIT, Inc.)