Service Contract Charges. Amounts due and payable under any Service Contract assigned to Purchaser at Closing shall be prorated as of the Closing, and, at the Closing, Seller or Purchaser, as the case may be, shall pay to the other any amount required as a result of such adjustment, and this covenant shall not merge with the deed delivered hereunder but shall survive the Closing.
Appears in 4 contracts
Samples: Closing Agreement (Inland American Real Estate Trust, Inc.), Closing Agreement (Inland American Real Estate Trust, Inc.), Closing Agreement (Inland American Real Estate Trust, Inc.)
Service Contract Charges. Amounts due and payable under any Service Contract assigned to Purchaser at Closing shall be prorated as of the Closing, and, at the Closing, Seller or Purchaser, as the case may be, shall pay to the other any amount required as a result of such adjustment, and this covenant shall not merge with the deed delivered hereunder but shall survive the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Medtox Scientific Inc)