Common use of Tenant Deposits Clause in Contracts

Tenant Deposits. All tenant security deposits (and interest thereon if required by law or contract to be earned thereon) shall be transferred or credited to Buyer at Closing. As of the Closing, Buyer shall assume Seller’s obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest in the balance of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if any.

Tenant Deposits. All tenant security deposits (and interest thereon --------------- if required by law or contract to be earned thereon) and other tenant deposits and prepaid fees, including without limitation, cleaning or pet deposits and fees, shall be transferred or credited to Buyer Purchaser at Closing. As of the Closing, Buyer Purchaser shall assume Seller’s 's obligations related to tenant security depositssuch deposits and fees, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest in the balance of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if anyPurchaser.

Tenant Deposits. All tenant security deposits (and interest thereon if required by law or contract to be earned thereon) shall be transferred or credited to Buyer Purchaser at Closing. As of the ClosingClosing Date, Buyer Purchaser shall assume Seller’s 's obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest in the balance of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if anyPurchaser.

Tenant Deposits. All tenant security deposits (and interest thereon if required by law or contract to be earned thereon) shall be transferred or credited to Buyer at Closing. As of the Closing, Buyer shall assume Seller’s 's obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In additionOn or before the Closing Date, Seller shall transfer cause Buyer to be named as the beneficiary under the letter of credit held by Seller under the Lease (the "Letter or Credit") and shall deliver to Buyer all the original of Seller’s interest in the balance Letter of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if anyCredit.

Tenant Deposits. All tenant security deposits (and interest thereon if required by law or contract to be earned thereon) shall be transferred or credited to Buyer at Closing. As of the Closing, Buyer shall assume Seller’s obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest the event any discrepancy in the balance amount of all SureDeposit accounts a security deposit between Appendix 6.1(c) or like tenant security bond arrangements related to the Propertyapplicable Lease, if anyproration shall be based upon the higher amount.

Tenant Deposits. All cash tenant security deposits (and interest thereon if required by law or contract to be earned thereonpaid to tenants) shall be transferred or credited to Buyer Purchaser at Closing. Seller shall execute at Closing the appropriate transfer documents with respect to any letters of credit constituting security deposits. As of the Closing, Buyer Purchaser shall assume Seller’s 's obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest in the balance of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if anyPurchaser.

Tenant Deposits. All tenant security deposits (and interest thereon if required by law or contract to be earned thereon) shall be transferred or credited to Buyer Purchaser at Closing. As of the Closing, Buyer Purchaser shall assume Seller’s 's obligations related to tenant security deposits, but only to the extent they are properly credited and transferred to Buyer. In addition, Seller shall transfer to Buyer all of Seller’s interest in the balance of all SureDeposit accounts or like tenant security bond arrangements related to the Property, if anyPurchaser.