Common use of Post-Closing Adjustments Clause in Contracts

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 10 contracts

Sources: Purchase and Sale Contract (Century Properties Fund Xix), Purchase and Sale Contract (Davidson Growth Plus Lp), Purchase and Sale Contract (Century Properties Fund Xiv)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 5 contracts

Sources: Purchase and Sale Contract (Century Properties Fund Xix), Purchase and Sale Contract (Century Properties Growth Fund Xxii), Purchase and Sale Contract (Century Properties Fund Xiv)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 90 days after Closing, or (b) subject to such 6090-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 2 contracts

Sources: Purchase and Sale Contract (National Property Investors 6), Purchase and Sale Contract (HCW Pension Real Estate Fund LTD Partnership)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 75 days after Closing, or (b) subject to such 6075-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Angeles Income Properties LTD Ii)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 5.5 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Davidson Growth Plus Lp)

Post-Closing Adjustments. Purchaser or a Seller may request that Purchaser and such Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes Property Taxes which shall be final and not subject to readjustment, in accordance with governed by the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items for any Property (a) after the expiration of 60 90 days after Closing, or (b) subject to such 6090-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate)) with respect to such Property.

Appears in 1 contract

Sources: Purchase and Sale Contract (Davidson Diversified Real Estate Ii Limited Partnership)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 90 days after Closing, or (b) subject to such 6090-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Consolidated Capital Institutional Properties 2)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 sixty (60) days after Closing, or (b) subject to such 60-day sixty (60)-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Century Properties Fund Xvii)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this ContractContract in which event the parties shall promptly do so based on the most recent information available; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Century Properties Fund Xvii)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 120 days after Closing, or (b) subject to such 60120-day period, unless such items exceed $5,000.00 in magnitude (either individually or 2,500.00 in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Consolidated Capital Institutional Properties 3)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 5.3.9 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (National Property Investors 8 /Ca/)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 90 days after Closing, or and/or (b) subject to such 6090-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (Davidson Growth Plus Lp)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item described in Section 5.4 and/or on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 90 days after Closing, or (b) subject to such 6090-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Contract (National Property Investors 6)

Post-Closing Adjustments. Purchaser or a Seller may request that Purchaser and such Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items for any Property (a) after the expiration of 60 days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate)) with respect to such Property.

Appears in 1 contract

Sources: Purchase and Sale Contract (Consolidated Capital Institutional Properties 3)

Post-Closing Adjustments. Purchaser or Seller may request that Purchaser and Seller undertake to re-adjust any item on the Proration Schedule (or any item omitted therefrom), with the exception of real property taxes which shall be final and not subject to readjustment, in accordance with the provisions of Section 5.4 of this Contract; provided, however, that neither party shall have any obligation to re-adjust any items (a) after the expiration of 60 sixty (60) days after Closing, or (b) subject to such 60-day period, unless such items exceed $5,000.00 in magnitude (either individually or in the aggregate).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Rodin Global Property Trust, Inc.)