Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.
Appears in 44 contracts
Samples: Purchase and Sale Contract (Angeles Income Properties LTD 6), Purchase and Sale Contract (HCW Pension Real Estate Fund LTD Partnership), Purchase and Sale Contract (Century Properties Fund Xvii)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.26.5.2.
Appears in 6 contracts
Samples: Agreement for Purchase and Sale and Escrow Instructions (Century Properties Growth Fund Xxii), Agreement for Purchase and Sale and Escrow Instructions (Davidson Diversified Real Estate Ii Limited Partnership), Agreement for Purchase and Sale and Escrow Instructions (Shelter Properties Vi Limited Partnership)
Property Contracts. Purchaser shall assume at Closing the Seller’s obligations under the Property Contracts assumed by Purchaser; however, any operating expenses in connection with the Property Contracts assumed by Purchaser shall be prorated under Section 5.4.2.
Appears in 2 contracts
Samples: Purchase and Sale Contract (Century Properties Growth Fund Xxii), Purchase and Sale Contract (Century Properties Fund Xix)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by PurchaserPurchaser (other than the Terminated Contacts, if any); however, operating expenses shall be prorated under Section 5.4.2.
Appears in 2 contracts
Samples: Purchase and Sale Contract (Consolidated Capital Institutional Properties), Purchase and Sale Contract (Consolidated Capital Institutional Properties)
Property Contracts. Purchaser shall assume at Closing the obligations arising from and after the Closing Date under the Property Contracts assumed by Purchaser; howeverAssigned Contracts, subject to the proration of operating expenses shall be prorated under pursuant to Section 5.4.25.5.2.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.), Purchase and Sale Agreement (Griffin-American Healthcare REIT IV, Inc.)
Property Contracts. Purchaser shall assume at Closing the obligations arising from and after the date of Closing under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.
Appears in 1 contract
Samples: Purchase and Sale Contract (HCW Pension Real Estate Fund LTD Partnership)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.. 5.4.6
Appears in 1 contract
Samples: Purchase and Sale Contract (Wellsford Real Properties Inc)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.25.5.2.
Appears in 1 contract
Samples: Purchase and Sale Contract (Davidson Growth Plus Lp)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses or credits with respect thereto shall be prorated under Section 5.4.2.
Appears in 1 contract
Samples: Purchase and Sale Contract (DC Industrial Liquidating Trust)
Property Contracts. Except for those Property Contracts which are terminated pursuant to the terms of this Contract, Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.
Appears in 1 contract
Samples: Purchase and Sale Contract (Consolidated Capital Properties Iv)
Property Contracts. Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses and income shall be prorated under Section 5.4.2.
Appears in 1 contract
Samples: Purchase and Sale Contract (Oxford Residential Properties I LTD Partnership)
Property Contracts. Purchaser shall assume at Closing the obligations arising from and after the Closing Date under the Property Contracts assumed by PurchaserAssigned Contracts; however, operating expenses (including payment obligations under the Assigned Contracts) shall be prorated under Section 5.4.2.
Appears in 1 contract
Samples: Purchase and Sale Agreement (NorthStar Healthcare Income, Inc.)
