Assumed Contracts. All Operating Expenses accruing under, arising out of or relating to any of the Assumed Contracts shall be prorated between Seller and Buyer at the Closing as of the Proration Date.
Appears in 13 contracts
Sources: Agreement for Sale of Property, Agreement for Sale of Property, Purchase and Sale Agreement (Innovative Industrial Properties Inc)
Assumed Contracts. All Operating Expenses accruing under, arising out of or relating to any of the Assumed Contracts assumed by Purchaser shall be prorated between Seller and Buyer Purchaser at the Closing as of the Proration Date.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.)