Common use of Closing Costs and Prorations Clause in Contracts

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c) above) shall be allocated according to custom and practice based on the location of the Property. All income and expenses of the Property shall be prorated according to custom and practice based on the location of the Property.

Appears in 4 contracts

Sources: Option Agreement (Younan Properties Inc), Option Agreement (Younan Properties Inc), Option Agreement (Younan Properties Inc)

Closing Costs and Prorations. All Any recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.4(d) above) shall be allocated according to custom and practice based on the location of the PropertyProperty or the Portion (as applicable). All income and expenses of the Property or the Portion (as applicable) shall be prorated according to custom and practice based on the location of the PropertyProperty or the Portion (as applicable).

Appears in 2 contracts

Sources: Option Agreement (Kite Realty Group Trust), Option Agreement (Kite Realty Group Trust)

Closing Costs and Prorations. All Any recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.5(e) above) shall be allocated according to custom and practice based on the location of the Property. All income and expenses of the Property or the Interests shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (Maguire Properties Inc)

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.5(e) above) shall be allocated according to custom and practice based on the location of the Property. All income and expenses of the Property or the Interests shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (Digital Realty Trust, Inc.)

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.5(e) above) shall be allocated according to custom and practice based on the location of the PropertyProperty or the Portion (as applicable). All income and expenses of the Property or the Portion (as applicable) shall be prorated according to custom and practice based on the location of the PropertyProperty or the Portion.

Appears in 1 contract

Sources: Option Agreement (Maguire Properties Inc)

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.5(e) above) shall be allocated according to custom and practice based on the location of the Property. All income and expenses of the Property or the LLC Interests shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (Maguire Properties Inc)

Closing Costs and Prorations. All Any recording fees, escrow fees, escrow balances and other closing costs (except documentary transfer taxes as provided in Section 3.5(c) above) shall be allocated according to custom and practice based on the location of the Property. All , and all income and expenses of the Property shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (American Campus Communities Inc)

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.5(e) above) shall be allocated according to custom and practice based on the location of the Property. All income and expenses of the Property shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (Maguire Properties Inc)

Closing Costs and Prorations. All Any recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c) above) shall be allocated according to custom and practice based on the location of the Property. All , and all income and expenses of the Property shall be prorated according to custom and practice based on the location of the Property.

Appears in 1 contract

Sources: Option Agreement (American Campus Communities Inc)

Closing Costs and Prorations. All recording fees, escrow fees, and other closing costs (except documentary transfer taxes as provided in Section 3.5(c3.4(d) above) shall be allocated according to custom and practice based on the location of the PropertyProperty or the Portion (as applicable). All income and expenses of the Property or the Portion (as applicable) shall be prorated according to custom and practice based on the location of the PropertyProperty or the Portion (as applicable).

Appears in 1 contract

Sources: Option Agreement (Kite Realty Group Trust)