Real Property Apportionments. Representatives of the Purchaser and ---------------------------- the Seller shall perform any and all of the adjustments and apportionments which are appropriate and usual for a transaction of this nature, taking into account the applicable provisions of the Leases and the Management Agreements. The adjustments hereunder shall be calculated or paid in an amount based upon a fair and reasonable estimated accounting performed and agreed to by representatives of the Seller and the Purchaser at the Closing. Subsequent final adjustments and payments shall be made in cash or other immediately available funds as soon as practicable after the Closing Date and in any event within ninety (90) days after such Closing Date, based upon an agreed accounting performed by representatives of the Seller and the Purchaser. In the event the parties have not agreed with respect to the adjustments required to be made pursuant to this Section 9.1 within such ninety-day period, ----------- upon application by either party, a certified public accountant reasonably acceptable to the Purchaser and the Seller shall determine any such adjustments which have not theretofore been agreed to between the Seller and the Purchaser. The charges of such accountant shall be borne fifty percent (50%) by the Seller and fifty percent (50%) by the Purchaser.
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Sources: Purchase, Sale and Exchange Agreement (Hospitality Properties Trust)
Real Property Apportionments. Representatives of the Purchaser Company and the ---------------------------- the Seller HSD Parties shall perform any and all of the adjustments and apportionments which are appropriate and usual for a transaction of this nature, nature and taking into account the applicable provisions simultaneous execution of the Leases and the Management AgreementsLease. The adjustments hereunder shall be calculated or paid in an amount based upon a fair and reasonable estimated accounting performed and agreed to by representatives of the Seller HSD Parties and the Purchaser Company at or prior to the Closing. Subsequent final adjustments and payments shall be made in cash or other immediately available funds as soon as practicable after the Closing Date and in any event within ninety (90) days after such Closing Date, based upon an agreed accounting performed by representatives of the Seller HSD Parties and the PurchaserCompany. In the event the parties have not agreed with respect to the adjustments required to be made pursuant to this Section 9.1 10.1 within such ninety-day period, ----------- upon application by ------------ either party, a ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ LLP or other certified public accountant accountants reasonably acceptable to the Purchaser Company and the Seller HSD Parties shall determine any such adjustments which have not theretofore been agreed to between the Seller HSD Parties and the PurchaserCompany. The charges of such accountant shall be borne fifty percent (50%) by the Seller and fifty percent (50%) by the PurchaserHSD Parties.
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