Common use of Assignment and Assumption of Leases Clause in Contracts

Assignment and Assumption of Leases. (a) Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller's right, title and interest as landlord in, to and under all rental agreements, leases and other agreements in effect as of the date of this Agreement demising space in or providing for the use or occupancy of the Real Property (the “Leases”), together with any and all unapplied refundable tenant security and other unapplied refundable deposits in Seller's possession or control with respect to the Leases as of the date of this Agreement (collectively, the “Deposits”). The assignment of the Deposits has been made by means of a credit or payment on the closing statement executed by Seller and Purchaser.

Assignment and Assumption of Leases. (a) Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller's right, title and interest as landlord in, to and under all rental agreements, leases and other agreements in effect as of the date of this Agreement demising space in or providing for the use or occupancy of the Real Property (the “"Leases”"), together with any and all unapplied refundable tenant security and other unapplied refundable deposits in Seller's possession or control with respect to the Leases as of the date of this Agreement (collectively, the “"Deposits”"). The assignment of the Deposits has been made by means of a credit or payment on the closing statement executed by Seller and Purchaser.

Assignment and Assumption of Leases. (a) Seller hereby sellssell s, assigns, transfers and conveys to Purchaser all of Seller's right, title and interest as landlord land lord in, to and under all rental agreements, leases and other agreements in i n effect as of the date of this Agreement Bxxx of Sale demising space in or providing for the use or occupancy of the Real Rea l Property (the “Leases”"Leases '), including, without limitation, the Leases listed on the updated Rent Roll described in Section 4.2(d) of the Agreement, together with any and all unapplied refundable tenant security and other unapplied refundable deposits in Seller's possession or control with respect to under the Leases as of the date of this Agreement (collectively, the “'Deposits”"). The assignment of the Deposits has been made by means of a credit or payment on the closing statement executed by Seller and Purchaser.