Arrears
Arrears. Means all money due from the Tenant on or before the date of actual completion or that become due after the date of actual completion but which relate to a period before actual completion but which has not been received by the Seller or its agents as cleared funds before the date of actual completion
Found in
Global Net Lease, Inc. contract
Arrears. All money due from the Tenants on or before Completion but which has not been received by the Seller or its agents as cleared funds before Completion, and (a)includes any money due from a Tenant under any rent deposit deed, but (b)excludes any money due from a Tenant in respect of which the Seller has made a withdrawal pursuant to a rent deposit deed in satisfaction (or partial satisfaction) of the amount due but only to the extent of the withdrawal made;
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