Common use of Leases and Contracts Clause in Contracts

Leases and Contracts. All leases (the “Leases”) of space in the Property and Seller’s interest in all refundable security deposits or other refundable tenant deposits of any kind and all prepaid rent, if any, the existing United States Department of Housing and Urban Development Section 8 Housing Assistance Payments Contract for the Property (the “HAP Contract”), the agreements and documents evidencing the assistance provided for the Property under the United States Department of Housing and Urban Development IRP Section 236 Program (collectively, the “236 Agreement”), any City of Paterson and/or Paterson Housing Authority rental and/or housing assistance and/or subsidy agreements (collectively, the “Local Housing Assistance Contract”), and to the extent assignable, the Assumed Contracts (as hereinafter defined).

Appears in 6 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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