Post-Effective Date Leasing Costs means all costs and expenses payable in connection with any and all leases executed, modified or extended by Seller on or after the Effective Date, including, without limitation, all costs and expenses for tenant improvements (either completed or to be completed) and brokerage commissions to the extent (and only the extent) that such Post-Effective Date Leasing Costs are expressly set forth in such leases, modifications or extensions and such leases, modifications or extensions have been approved by Buyer in accordance with Paragraph 11.2 below. Seller shall be credited at Closing for the amount of any Post-Effective Date Leasing Costs paid by Seller. Buyer shall be responsible for satisfying all other Post-Effective Date Leasing Costs.
Examples of Post-Effective Date Leasing Costs in a sentence
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