Common use of Tenant Security Deposits Clause in Contracts

Tenant Security Deposits. At Closing, Sellers shall give Buyer a credit for all Security Deposits then held by Sellers, Acquired Companies or Fee Owners as of the Closing Date by or for tenants under the Leases, to the extent not previously applied in accordance with the Leases, including any accrued interest. Buyer will cause all Security Deposits to be maintained after Closing in accordance with the requirements of applicable law and shall indemnify and defend Sellers and the other Indemnified Parties from and against all Claims of Tenants with respect to the Security Deposits for which Buyer received a credit at Closing, which indemnity shall survive Closing indefinitely.

Tenant Security Deposits. At Closing, Sellers Seller shall turn over to Buyer (or give Buyer a credit for for), all Security Deposits then held by Sellers, Acquired Companies or Fee Owners Seller as of the Closing Date by or for tenants Seller under the Leases, to the extent not previously applied in accordance with the Leases, including any accrued interest. Buyer will cause all Security Deposits to be maintained after Closing in accordance with the requirements of applicable law and shall indemnify and defend Sellers Seller and the other Indemnified Seller Parties from and against all Claims claims of Tenants with respect to the Security Deposits actually delivered to Buyer or for which Buyer received a credit at Closing, which indemnity shall survive Closing indefinitely.

Tenant Security Deposits. At Closing, Sellers Seller shall give Buyer a credit for all Security Deposits then held by Sellers, Acquired Companies or Fee Owners Seller as of the Closing Date by or for tenants under the Leases, to the extent not previously applied in accordance with the Leases, including any accrued interest. Buyer will cause all Security Deposits to be maintained after Closing in accordance with the requirements of applicable law and shall indemnify and defend Sellers Seller and the other Indemnified Parties from and against all Claims of Tenants with respect to the Security Deposits for which Buyer received a credit at Closing, which indemnity shall survive Closing indefinitely.

Tenant Security Deposits. At Closing, Sellers Seller shall turn over to Buyer (or give Buyer a credit for for), all Security Deposits then held by Sellers, Acquired Companies or Fee Owners Seller as of the Closing Date by or for tenants Seller under the Leases, to the extent not previously applied in accordance with the Leases, including any accrued interest. Buyer will cause all Security Deposits to be maintained after Closing in accordance with the requirements of applicable law and shall indemnify and defend Sellers Seller and the other Indemnified Parties from and against all Claims claims of Tenants with respect to the Security Deposits actually delivered to Buyer or for which Buyer received a credit at Closing, which indemnity shall survive Closing indefinitely.