Utility Deposits. Buyer shall be responsible for making any deposits required with utility companies. Seller shall receive a credit at Closing for any utility deposits transferred or assigned to Buyer.
Appears in 8 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Peakstone Realty Trust), Purchase and Sale Agreement (Industrial Property Trust Inc.)
Utility Deposits. Buyer shall be responsible for making any deposits required with utility companies that are not payable by Tenant under the Lease directly to such utility companies. Seller shall receive a credit at Closing for any utility deposits transferred or assigned to BuyerBuyer that were not paid directly to the applicable utility company by Tenant.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Cole Office & Industrial REIT (CCIT II), Inc.)