Common use of Utility Expenses and Payments Clause in Contracts

Utility Expenses and Payments. Seller shall have sole responsibility for all utility charges accrued as of the Closing Date. Seller shall arrange for the utilities to be read as of the Closing Date. Purchaser shall be responsible for making any necessary arrangements for the continuation of all utility services to the Real Property following Closing. Seller and Purchaser shall cooperate with each other and execute all necessary documents as reasonably to accomplish the foregoing.

Appears in 2 contracts

Samples: Agreement of Sale (Rubicon Technology, Inc.), Agreement of Sale (Rubicon Technology, Inc.)

AutoNDA by SimpleDocs

Utility Expenses and Payments. To the extent not paid by the Tenant directly to the appropriate utility provider, Seller shall have sole responsibility for all utility charges accrued as of the Closing Date. Seller shall arrange for the utilities to be read as of the Closing Date. If necessary, Purchaser shall be responsible for making any necessary arrangements for the continuation of all utility services to the Real Property following Closing. Seller and Purchaser shall cooperate with each other Purchaser and execute all necessary documents as reasonably requested by Pxxxxxxxx to accomplish the foregoing.

Appears in 1 contract

Samples: Agreement of Sale (EQT Exeter Real Estate Income Trust, Inc.)

AutoNDA by SimpleDocs

Utility Expenses and Payments. Seller shall have sole responsibility for all utility charges accrued as of the Closing Date. Seller shall use commercially reasonable efforts to arrange for the utilities to be read as of the Closing Date. Purchaser shall be responsible for making any necessary arrangements for the continuation of all utility services to the Real Property following Closing. Seller and Purchaser shall cooperate with each other Purchaser and execute all necessary documents as reasonably requested by Pxxxxxxxx to accomplish the foregoing.

Appears in 1 contract

Samples: Agreement of Sale (EQT Exeter Real Estate Income Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!