Credits and Prorations. (a) The following shall be apportioned with respect to the Property as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 17 contracts
Samples: Purchase and Sale Agreement (Newegg Commerce, Inc.), Purchase and Sale Agreement (Ascent Solar Technologies, Inc.), Purchase and Sale Agreement (Industrial Property Trust Inc.)
Credits and Prorations. (a) The following All income and expenses of the Property shall be apportioned with respect to the Property as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items shall include without limitation the following:
Appears in 4 contracts
Samples: Sale Agreement (Arden Realty Inc), Sale Agreement (Cali Realty Corp /New/), Sale Agreement (Vornado Realty Trust)
Credits and Prorations. (a) The following All income and expenses of the Properties shall be apportioned with respect to the Property as of 12:01 a.m., a.m. on the day of Closing, Closing as if Purchaser Buyer were vested with title to the Property Properties during the entire day upon which Closing occurs. Such prorated items include without limitation the following:
Appears in 2 contracts
Samples: Purchase and Sale Agreement and Escrow Instructions (T Reit Inc), Purchase and Sale Agreement and Escrow Instructions (T Reit Inc)
Credits and Prorations. (a1) The following shall be apportioned with respect to the Property as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Mack Cali Realty Corp), Purchase and Sale Agreement (Mack Cali Realty L P)
Credits and Prorations. (a) The following shall will be apportioned with respect to the Property as of 12:01 a.m.a.m. (local time at the Property), on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.), Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)
Credits and Prorations. (a) The following All income and expenses of the Property shall be apportioned with respect to the Property as of 12:01 a.m., a.m. on the day of Closing, the Closing as if Purchaser were vested with title to the Property during the entire day upon which the Closing occurs. Such prorated items shall include without limitation the following:
Appears in 2 contracts
Samples: Sale Agreement (Brandywine Realty Trust), Sale Agreement (Cali Realty Corp /New/)
Credits and Prorations. (a) 4.4.1 The following shall be apportioned with respect to the Property as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 2 contracts
Samples: Stock Purchase and Sale Agreement (Behringer Harvard Reit I Inc), Stock Purchase and Sale Agreement (Behringer Harvard Reit I Inc)
Credits and Prorations. (a) The following shall be apportioned between Seller and Purchaser with respect to the Property as of 12:01 a.m., a.m. Eastern Time on the day of Closing, as if Purchaser were vested with title to owned the Property during the entire day upon which Closing occurs:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (New England Realty Associates Limited Partnership), Purchase and Sale Agreement (New England Realty Associates Limited Partnership)
Credits and Prorations. (a) The following shall be apportioned with respect to the Property Property, as set forth in greater detail in Section 4.4(b) below, as of 12:01 a.m., on the day of ClosingClosing Date (the “Cut-Off Time”), as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement and Escrow Instructions (Strategic Hotel Capital Inc)
Credits and Prorations. (a) The All income and expenses of the Property, including the following shall be apportioned with respect to the Property as of 12:01 a.m.11:59 p.m., on the day of immediately preceding Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Ml Eq Real Estate Portfolio L P)
Credits and Prorations. (a) The following shall be apportioned with respect to the Property as of 12:01 a.m., on the day of ClosingClosing (based on the periods to which they relate and are applicable, and regardless of when payable), as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust III, Inc.)
Credits and Prorations. (a) The following shall be apportioned with respect to the Property as of 12:01 a.m., on the day of ClosingClosing Date, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Credits and Prorations. (a) The following shall be apportioned with respect to the Property as of 12:01 a.m., Eastern time, on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Credits and Prorations. (a) The following shall be apportioned with respect to the each Property as of 12:01 a.m.a.m. (local time with respect to each Property), on the day of Closing, as if Purchaser were vested with title to the such Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Jones Lang LaSalle Income Property Trust, Inc.)
Credits and Prorations. (a) The following Subject to the terms and provisions in Section 5.4(b), all income and expenses of the Properties shall be apportioned with respect to the Property as of 12:01 a.m., on the day of Closing, Closing as if Purchaser Buyer were vested with title to the Property Properties during the entire day upon which Closing occurs. Such prorated items include without limitation the following:
Appears in 1 contract
Credits and Prorations. (a) The following shall be apportioned with respect to each of the Property Properties as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the each such Property during the entire day upon which Closing occurs:occurs (prorations shall be calculated separately with respect to each of the 10509 Property, the 13231 Property and the 12907 Property):
Appears in 1 contract
Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Rexford Industrial Realty, Inc.)
Credits and Prorations. (a) The following shall be apportioned with respect to the Property Property, as set forth in greater detail in Section 4.4(b) below, as of 12:01 a.m., on the day of ClosingClosing Date (the "Cut-Off Time"), as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Maui Land & Pineapple Co Inc)
Credits and Prorations. (a) 4.4.1 The following shall be apportioned between Seller and Purchaser with respect to the Property as of 12:01 a.m., on the day of Closing, as if Purchaser were vested with title to the Property during the entire day upon which Closing occurs:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Health & Retirement Properties Trust)
