Common use of Real Estate Taxes and Assessments Clause in Contracts

Real Estate Taxes and Assessments. Seller represents to Buyer that to the best of its knowledge, all real estate taxes and installments of special assessments due and payable on or before the Closing Date have been or will be paid in full as of the Closing Date. It is understood between Seller and Buyer that all unpaid levied and pending special assessments are paid by the Seller and shall be the responsibility of the Seller.

Appears in 4 contracts

Samples: Purchase Agreement (Aei Income & Growth Fund Xxii LTD Partnership), Purchase Agreement (Aei Income & Growth Fund 24 LLC), Purchase Agreement (Aei Income & Growth Fund 24 LLC)

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Real Estate Taxes and Assessments. Seller represents to Buyer that to the best of its knowledge, all real estate taxes and installments of special assessments due and payable on or before the Closing Date have been or will be paid in full as of the Closing Date. It is understood between Seller and Buyer that all unpaid levied and pending special assessments are paid by the Seller Lessee and shall be the responsibility of the SellerLessee under the Lease after the Closing Date.

Appears in 3 contracts

Samples: Purchase Agreement (Aei Income & Growth Fund 25 LLC), Purchase Agreement (Aei Net Lease Income & Growth Fund Xx Limited Partnership), Purchase Agreement (Aei Real Estate Fund Xvii Limited Partnership)

Real Estate Taxes and Assessments. Seller represents to Buyer that to the best of its knowledge, all real estate taxes and installments of special assessments due and payable on or before the Closing Date have been or will be paid in full as of the Closing Date. It is understood between Seller and Buyer that all unpaid levied and pending special assessments are paid by the Seller Tenant as defined in the Lease and shall be the responsibility of the SellerTenant under the Lease after the Closing Date. The obligations of this paragraph shall survive the Closing Date.

Appears in 1 contract

Samples: Purchase Agreement (Aei Real Estate Fund Xviii Limited Partnership)

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Real Estate Taxes and Assessments. Seller represents to Buyer that to the best of its actual knowledge, all real estate taxes and installments of special assessments due and payable on or before the Closing Date have been or will be paid in full as of the Closing Date. (It is understood between Seller and Buyer that all unpaid levied and pending special assessments are paid by the Seller Lessee and shall be the responsibility of the SellerLessee under the Lease after the Closing Date.)

Appears in 1 contract

Samples: Purchase Agreement (Aei Income & Growth Fund 23 LLC)

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