Common use of Pre-Closing Expenses Clause in Contracts

Pre-Closing Expenses. All bills and invoices for labor, goods, material and services of any kind relating to the Property for the period prior to Closing, other than those incurred by an tenant at the Property, have been or will be paid in full prior to Closing, if such bills and invoices are received by Contributor prior to Closing; otherwise, if received post-closing, Contributor hereby covenants and agrees to cause such bills and invoices to be paid promptly upon receipt thereof.

Appears in 3 contracts

Samples: Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.)

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Pre-Closing Expenses. All bills and invoices for labor, goods, material and services of any kind relating to the Property Project for the period prior to Closing, other than those incurred by an tenant at the PropertyProject, have been or will be paid in full prior to Closing, if such bills and invoices are received by Contributor prior to Closing; otherwise, if received post-closing, Contributor hereby covenants and agrees to cause such bills and invoices to be paid promptly upon receipt thereof.

Appears in 1 contract

Samples: Contribution Agreement (Arizona Land Income Corp)

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