Adjustments and Prorations. In addition to the costs and expenses required to be paid in connection with the consummation of the transaction, which shall be paid by Purchaser and Seller as set forth in Section 6.5, the following matters and items shall be apportioned between the parties or, where appropriate, credited in total to a particular party, as of the Cut Off Time so that the Closing Date is a date of income and expense for Purchaser as provided below:
Appears in 7 contracts
Samples: Agreement for Sale, Assignment and Assumption Agreement (Carey Watermark Investors 2 Inc), Agreement for Sale (Carey Watermark Investors Inc)
