Common use of Vacant Space Clause in Contracts

Vacant Space. FWRLP hereby further agrees that if any rentable space in the Property is vacant on the Closing Date, FWRLP shall accept the Property subject to such vacancy, provided that the vacancy was not permitted or created by Contributor in violation of any restrictions contained in this Agreement.

Appears in 9 contracts

Samples: Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc)

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Vacant Space. FWRLP hereby further agrees that if any rentable space in the Property is vacant on the Closing Date, FWRLP shall accept the Property subject to such vacancy, provided that the vacancy was not permitted or created by Contributor the Contributors or the Partnership in violation of any restrictions contained in this Agreement.. (d)

Appears in 1 contract

Samples: Contribution Agreement (First Washington Realty Trust Inc)

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Vacant Space. FWRLP hereby further agrees that if any rentable space in the Property is vacant or the tenant thereunder is in default under its lease on the Closing Date, FWRLP shall accept the Property subject to such vacancyvacancy or tenant default (subject to Section 9(a)(v) hereof), provided that the vacancy or default was not permitted or created by Contributor Contributors in violation of any restrictions contained in this Agreement.

Appears in 1 contract

Samples: Contribution Agreement (First Washington Realty Trust Inc)

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