Maintenance During Escrow and Equipment Condition At Closing Sample Clauses
The "Maintenance During Escrow and Equipment Condition At Closing" clause requires the seller to maintain the equipment in good working order and repair throughout the escrow period until the transaction closes. Practically, this means the seller must continue regular upkeep, address any necessary repairs, and ensure that the equipment does not deteriorate in condition before the buyer takes possession. This clause ensures that the buyer receives the equipment in the agreed-upon state, protecting them from unexpected costs or issues arising from neglect or damage during the escrow period.
Maintenance During Escrow and Equipment Condition At Closing. Except as otherwise provided in paragraph 9.1(n) hereof, Seller shall maintain the Property until the Closing in its present condition, ordinary wear and tear excepted.
Maintenance During Escrow and Equipment Condition At Closing. Except as otherwise provided in paragraph 9.1(l) hereof dealing with destruction, damage or loss, Seller shall maintain the Property until the Closing in its present condition, ordinary wear and tear excepted. The heating. ventilating, air conditioning, PLUMBING, elevators, loading doors and electrical systems shall be in good operating order and condition at the time of Closing.