Common use of Prorations and Closing Costs Clause in Contracts

Prorations and Closing Costs. All matters involving prorations or adjustments to be made in connection with the Closing and not specifically provided for in any other provision of this Agreement shall be adjusted as provided below. Except as otherwise set forth herein, all items to be prorated pursuant to this Paragraph shall be prorated as of the Closing Date, with Buyer to be treated as the owner of the Property, for purposes of prorations of income and expenses, on and after the Closing Date.

Appears in 4 contracts

Samples: Clementon Drive Agreement (Brandywine Realty Trust), States Avenue Agreement of Sale (Brandywine Realty Trust), Scarborough Drive Agreement of Sale (Brandywine Realty Trust)

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Prorations and Closing Costs. All matters involving prorations or adjustments to be made to the Consideration in connection with the Closing and not specifically provided for in any other provision of this Agreement shall be adjusted as provided below. Except as otherwise set forth herein, all items to be prorated pursuant to this Paragraph shall be prorated as of the Closing Date, with Buyer the Partnership to be treated as the owner of the Property, for purposes of prorations of income and expenses, on and after the Closing Date.

Appears in 3 contracts

Samples: Agreement (Brandywine Realty Trust), Agreement (Brandywine Realty Trust), Agreement (Brandywine Realty Trust)

Prorations and Closing Costs. All matters involving prorations or adjustments to be made to the Consideration in connection with the Closing and not specifically provided for in any other provision of this Agreement shall be adjusted as provided below. Except as otherwise set forth herein, all items to be prorated pursuant to this Paragraph shall be prorated as of the Closing Date, in connection with Buyer to be treated as the owner of the PropertyInitial Contribution, for purposes of prorations of income and expenses, on and after the Closing Date.

Appears in 1 contract

Samples: Contribution Agreement (Brandywine Realty Trust)

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Prorations and Closing Costs. All matters involving prorations or adjustments to be made in connection with the Closing and not specifically provided for in any other provision of this Agreement shall be adjusted as provided below. Except as otherwise set forth herein, all items to be prorated pursuant to this Paragraph shall be prorated as of the Closing Date, with Buyer to be treated as the owner of the PropertyProperties, for purposes of prorations of income and expenses, on and after the Closing Date.

Appears in 1 contract

Samples: Agreement of Sale (Brandywine Realty Trust)

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