Closing Prorations and Adjustments. The provisions of this Section 4.3 shall survive the Closing. Sellers shall prepare a statement of the prorations and adjustments required by this Agreement (the "Closing Statement"), and submit it to Purchaser for approval prior to Closing. The items listed below are to be equitably prorated or adjusted as of the close of business on the Closing Date, it being understood that for purposes of prorations and adjustments, Purchaser shall be deemed the owner of each Property on the Closing Date.
Appears in 1 contract
Sources: Real Estate Sale Agreement (KBS Strategic Opportunity REIT, Inc.)
Closing Prorations and Adjustments. The provisions of this Section 4.3 shall survive the Closing. Sellers Seller shall prepare a statement of the prorations and adjustments required by this Agreement (the "“Closing Statement"”), and submit it to Purchaser for approval at least four (4) business days prior to Closingthe Closing Date. The items listed below are to be equitably prorated or adjusted as of the close of business on preceding the Closing Date, it being understood that for purposes of prorations and adjustments, Purchaser Seller shall be deemed the owner of each the Property on the Closing Datesuch day of Closing.
Appears in 1 contract
Sources: Real Estate Sale Agreement (Wells Real Estate Investment Trust Inc)
Closing Prorations and Adjustments. The provisions of this Section 4.3 shall survive the Closing. Sellers Seller shall prepare a statement of the prorations and adjustments required by this Agreement (the "“Closing Statement"”), and submit it to Purchaser for approval at least three (3) business days prior to Closingthe Closing Date. The items listed below are to be equitably prorated or adjusted as of the close of business on the Closing Date, it being understood that for purposes of prorations and adjustments, Purchaser shall be deemed the owner of each the Property on the Closing Datesuch day.
Appears in 1 contract
Sources: Real Estate Sale Agreement (Hines Real Estate Investment Trust Inc)