Vendor and Purchaser Risk Act. Except as set forth herein, Seller shall bear the full risk of loss until the Close of Escrow. Upon the Close of Escrow, full risk of loss with respect to the Property shall pass to Buyer.
Appears in 3 contracts
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions, Agreement of Purchase and Sale (Industrial Income Trust Inc.), Agreement of Purchase and Sale (Industrial Income Trust Inc.)
Vendor and Purchaser Risk Act. Except as set forth herein, Seller Sellers shall bear the full risk of loss until the Close of Escrow. Upon the Close of Escrow, full risk of loss with respect to the Property Properties shall pass to Buyer.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.)
