Common use of Post-Closing Reconciliation Clause in Contracts

Post-Closing Reconciliation. All items described in this Section 10 that are capable of being prorated as of the Closing Date, shall be prorated as of the Closing Date. All other items shall be reconciled within one hundred eighty (180) days after the Closing Date to the extent that such items may be reconciled within such one hundred eighty (180) day period, or, to the extent such items may not be reconciled within such one hundred eighty (180) day period, when such items may first be reconciled after Closing.

Appears in 5 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc), Agreement of Purchase and Sale and Joint Escrow Instructions (Arden Realty Inc)

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