Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that are vacated not less than ten (10) day prior to the Closing Date into rent-ready condition on or before the Closing Date in accordance with Seller ‘s current management standards for its apartment properties as though no sale of the Property were contemplated; provided, however, in no event shall there be more than six (6) vacant apartment units that are not in rent-ready condition on the Closing Date. Purchaser shall receive a credit at the Closing of One Thousand Dollars ($1,000.00) per each of any such six (6) units that are not in rent-ready condition as of the Closing Date.
Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Seller's current management standards for its apartment properties as though no sale of the Property were contemplated or, at Seller's option, provide Purchaser a credit at Closing equal to Seven Hundred Fifty Dollars ($750.00) per unit for the apartment units that are not in rent-ready condition on the Closing Date; provided, however, that with respect to apartment units vacated during the three (3) day period ending on the Closing Date, Seller shall have no obligation either to put such units into rent-ready condition or to give Purchaser a credit for the cost of doing so. Not more than forty-eight (48) hours prior to the Closing Date, a representative of Purchaser and a representative of Seller shall conduct an onsite walk-through of the then unoccupied rental units on the Property to determine whether any of such unoccupied rental units are in “rent ready” condition.
Preparation of Vacant Units for Lease. Seller shall cause the Company to place apartment units that are now vacant or that are vacated not less than ten (10) day prior to the Closing Date into rent-ready condition on or before the Closing Date in accordance with the Company’s current management standards for its apartment properties as though no sale of the Property were contemplated; provided, however, in no event shall there be more than twelve (12) vacant apartment units that are not in rent-ready condition on the Closing Date.
Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Seller's current management standards for its apartment properties as though no sale of the Property were contemplated or, at Seller’s option, provide Purchaser a credit at Closing equal to Five Hundred Dollars ($500.00) per unit for all of the apartment units that are not in rent-ready condition on the Closing Date.
Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Seller’s current management standards for its apartment properties as though no sale of the Property were contemplated; provided, however, that with respect to apartment units vacated during the seven (7) day period ending on the Closing Date, Seller shall have no obligation to put such units into rent-ready condition.
Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Seller's current management standards for its apartment properties as though no sale of the Property were contemplated or, at Seller's option, provide Purchaser a credit at Closing equal to Seven Hundred Fifty and no/100 Dollars ($750.00) per unit for the apartment units that are not in rent-ready condition on the Closing Date; provided, however, that with respect to apartment units vacated during the five (5) day period ending on the Closing Date, Seller shall have no obligation either to put such units into rent-ready condition or to give Purchaser a credit for the cost of doing so.
Preparation of Vacant Units for Lease. Three (3) business days prior to Closing, Seller and Purchaser shall reasonably determine the number of formerly occupied apartment units which have subsequently been vacated that are not in rent ready condition. A formerly occupied vacant apartment unit shall be "rent ready" if its condition is consistent with the condition of vacant units currently being marketed to and accepted for rental by tenants of comparable vacant apartment units in the Property and such units have a full complement of operating appliances and components. If Seller and Purchaser reasonably determines that fewer than all formerly occupied vacant apartment units are in a rent ready condition at Closing, Purchaser shall accept such apartment units in "as-is" condition at Closing and Purchaser shall receive a credit (the "Estimated Rent Ready Credit") against the Purchase Price at Closing in an amount equal to $750.00 for each such formerly occupied vacant apartment unit which is not in a rent ready condition.
Preparation of Vacant Units for Lease. At the time of Closing, Seller shall cause all apartment units in the Property which have been vacant for five (5) days or more to be in a market rent-ready condition according to Seller’s past practice. With respect to each apartment unit that has been vacant for five (5) days or more prior to Closing that is not in such a rent-ready 2890904.5 23 condition at the Closing, Buyer shall receive a credit against the Purchase Price in an amount equal to up to Five Hundred and No/100 U.S. Dollars ($500.00).
Preparation of Vacant Units for Lease. Seller shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Seller's current management standards for its apartment properties as though no sale of the Property were contemplated or, at Seller's option, provide Purchaser a credit at Closing in an amount not to exceed $400.00 per unit for the apartment units (a) that are not in rent-ready condition on the Closing Date, and (b) for which Purchaser has provided written notice detailing its objections concerning the rent-ready condition thereof at least seven (7) days prior to Closing, such credit to be equal to the cost of placing those apartment units in rent-ready condition in accordance with Seller's current management standards; provided, however, that with respect to apartment units vacated during the seven (7) day period ending on the Closing Date, Seller shall have no obligation either to put such units into rent-ready condition or to give Purchaser a credit for the cost of doing so.
Preparation of Vacant Units for Lease. Post shall place apartment units that are now vacant or that become vacant into rent-ready condition on or before the Closing Date in accordance with Post's current management standards for its apartment properties as though no conveyance of the Property were contemplated or, at Post's option, provide Jupiter a credit at Closing for the apartment units (a) that are not in rent-ready condition on the Closing Date, and (b) for which Jupiter has provided written notice detailing its objections concerning the rent-ready condition thereof at least seven (7) days prior to Closing, such credit to be equal to the cost of placing those apartment units in rent-ready condition in accordance with Post's current management standards; provided, however, that with respect to apartment units vacated during the seven (7) day period ending on the Closing Date, Post shall have no obligation either to put such units into rent-ready condition or to give Jupiter a credit for the cost of doing so.
