Additional Rentals. Operating cost pass-throughs, percentage rentals, additional rentals and other retroactive rental escalations, sums or charges payable by tenants and which are collected as of the Close of Escrow shall be prorated as of the Close of Escrow.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Hartman Short Term Income Properties XX, Inc.)
Additional Rentals. Operating cost pass-throughs, percentage rentals, additional rentals and other retroactive rental escalations, sums or charges payable by tenants and which are collected accrue as of the Close of Escrow but are not then due and payable, shall be prorated as of the Close of Escrow.
Appears in 1 contract
Sources: Agreement of Purchase and Sale (American Industrial Properties Reit Inc)