Common use of Association Fees Clause in Contracts

Association Fees. If applicable, all owner’s association fees or similar fees and assessments due and payable with respect to the Real Property with respect to the year in which the Closing occurs shall be adjusted and prorated based on the periods of ownership by Sellers, on the one hand, and Buyer, on the other hand, during such year.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.), Agreement of Purchase and Sale (Bluerock Residential Growth REIT, Inc.)

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Association Fees. If applicable, all owner’s association fees or similar fees and assessments due and payable with respect to the Real Property with respect to the year in which the Closing occurs shall be adjusted and prorated based on the periods of ownership by Sellers, on the one hand, Seller and Buyer, on the other hand, Buyer during such year.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

Association Fees. If applicable, all owner’s owners’ association fees or similar fees and assessments due and payable with respect to the Real Property with respect to the applicable association’s fiscal year in which the Closing occurs shall be adjusted and prorated based on the periods of ownership by Sellers, on the one hand, Seller and Buyer, on the other hand, Purchaser during each such association’s fiscal year.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.)

Association Fees. If applicable, all owner’s owners’ association fees or similar fees and assessments due and payable with respect to the Real Property with respect to the applicable association’s fiscal year in which the Closing occurs shall be adjusted and prorated based on the periods of ownership by the Sellers, on the one hand, and BuyerPurchaser, on the other hand, during each such association’s fiscal year.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.)

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Association Fees. If applicable, all owner’s owners’ association fees or similar fees and assessments due and payable with respect to the Real Property with respect to the association’s fiscal year in which the Closing occurs shall be adjusted and prorated based on the periods of ownership by Sellers, on the one hand, Seller and Buyer, on the other hand, Purchaser during such association’s fiscal year.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.)

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