Common use of Post-Closing Adjustments Clause in Contracts

Post-Closing Adjustments. Buyer and Seller shall undertake, following Closing, to adjust between themselves, as of the Closing Date, any revenue or expenses of the Property that are not adjusted on the settlement statement. Seller shall pay promptly upon receipt any bills relating to the operation of the Property for periods prior to Closing.

Post-Closing Adjustments. Buyer and Seller shall undertake, following Closing, to adjust between themselves, as of the Closing Date, any revenue or expenses of the Property that are not adjusted on the settlement statement. Seller shall pay promptly upon receipt any bills relating to the operation of the Property for periods prior to Closing. The provisions of this Section 12 shall survive the Closing.

Post-Closing Adjustments. Buyer and Seller shall undertake, following Closing, to adjust between themselves, as of the Closing Date, any revenue or expenses of the Property that are not adjusted on the settlement statementClosing Statement. Seller shall pay promptly upon receipt any bills relating to the operation of the Property for periods prior to Closing.

Post-Closing Adjustments. Buyer and each Seller shall undertake, following the applicable Closing, to adjust between themselves, as of the applicable Closing Date, any revenue or expenses of the such Seller’s Property (other than any items described in Section 12.1(a)) that are not adjusted on the settlement statementapplicable Closing Statement. Each Seller shall pay promptly upon receipt any bills relating to the operation of the such Seller’s Property for periods prior to the applicable Closing.