Common use of Adjustments at Closing Clause in Contracts

Adjustments at Closing. Notwithstanding anything to the contrary contained in this Contract or applicable law, the provisions of this Section 8.3 shall survive the Closing. All income and obligations attributable to days preceding the Closing Date shall be allocated to Seller, and all income and obligations attributable to days from and after the Closing Date shall be allocated to Buyer. Without limitation upon the foregoing, the following items shall be adjusted or prorated between Seller and Buyer as set forth below:

Appears in 4 contracts

Samples: Contract of Sale (United Investors Realty Trust), Contract of Sale (United Investors Realty Trust), United Investors Realty Trust

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Adjustments at Closing. Notwithstanding anything to the contrary contained in this Contract Agreement or applicable law, the provisions of this Section 8.3 shall survive the Closing. All income and obligations attributable to days preceding periods ending on or before the Closing Allocation Date shall be allocated to Seller, and all income and obligations attributable to days from and periods ending after the Allocation Date (including the Closing Date Date) shall be allocated to Buyer. Without limitation upon the foregoing, foregoing the following items shall be adjusted or prorated between Seller and Buyer as set forth below:

Appears in 2 contracts

Samples: Reinstatement Agreement (Regency Realty Corp), Purchase and Sale Agreement (Regency Realty Corp)

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Adjustments at Closing. Notwithstanding anything to the contrary contained in this Contract or applicable law, the provisions of this Section 8.3 shall survive for a period of six months following the Closing. All income and obligations attributable to days preceding the Closing Date shall be allocated to Seller, and all income and obligations attributable to days from and after the Closing Date shall be allocated to Buyer. Without limitation upon the foregoing, the following items shall be adjusted or prorated between Seller and Buyer as set forth below:

Appears in 1 contract

Samples: Contract of Sale (United Investors Realty Trust)

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