Common use of Readjustment Clause in Contracts

Readjustment. The portion of the Deposit relating to CAM, taxes and insurance for the Pending Initial Tenants and the Vacant Space is an estimate only. Such amounts shall be promptly readjusted between Seller and Purchaser at the earliest time at which Purchaser readjusts CAM, taxes and insurance with any tenants at the Property.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc), Escrow Agreement (Inland Western Retail Real Estate Trust Inc)