Property Tax Assessment. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against the Property for any period of time prior to the Closing, Seller shall immediately pay to Buyer on demand an amount equal to such tax assessment.
Appears in 2 contracts
Samples: Purchase Agreement and Escrow Instructions (Monro Muffler Brake Inc), Purchase Agreement (Monro Muffler Brake Inc)
Property Tax Assessment. (a) Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against the Property for any period of time prior to the Closing, Seller shall immediately pay to Buyer on demand an amount equal to such tax assessment.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pacific Gateway Properties Inc)
Property Tax Assessment. Notwithstanding any other provision of this Agreement to the contrary, if Buyer shall become liable after the Closing for payment of any property taxes assessed against the Property for any period of time prior to the ClosingClosing Date, Seller shall immediately pay to Buyer on demand an amount equal to such tax assessmentassessment in accordance with Section 7.8.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Bedford Property Investors Inc/Md)