Common use of Prorations and Credits Clause in Contracts

Prorations and Credits. The items in this Section 5.4 shall be prorated between Seller and Purchaser or credited, as specified herein. All matters involving prorations or adjustment to be made in connection with the Closing and not specifically provided for in some other provision of this Agreement shall be prorated as of midnight of the day immediately preceding the Closing Date.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Kite Realty Group Trust), Purchase and Sale Agreement (Kite Realty Group Trust), Purchase and Sale Agreement (Kite Realty Group Trust)

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Prorations and Credits. The items in this Section 5.4 shall be prorated between Seller and Purchaser or credited, as specified hereinspecified. All matters involving prorations or adjustment to be made in connection with the Closing and not specifically provided for in some other provision of this Agreement shall be prorated as of midnight of the day immediately preceding the Closing Date.. :

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Real Estate Fund Iv L P)

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