Non-delinquent Rents. If either Buyer or Seller collects any non-delinquent Rents or Additional Rents applicable to the month in which the Closing occurred, such Rents or Additional Rents shall be prorated as of the Closing Date and paid to the Party entitled thereto within ten (10) days after receipt.
Appears in 10 contracts
Samples: Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement (Strategic Realty Trust, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Strategic Realty Trust, Inc.)
Non-delinquent Rents. If either Buyer or Seller collects any non-delinquent Rents or Additional Rents applicable to the month in which the Closing occurred, such Rents or Additional Rents shall be prorated as of the Closing Date and paid to the Party party entitled thereto within ten (10) days after receiptthereto.
Appears in 3 contracts
Samples: Purchase Agreement (Rancon Realty Fund V), Purchase Agreement (Rancon Realty Fund V), Purchase Agreement (Rancon Income Fund I)
Non-delinquent Rents. If after the Closing either Buyer or Seller collects any non-delinquent Rents or Additional Rents applicable to the month in which the Closing occurred (or if Seller collects any Rents applicable to any month following the month in which the Closing occurred), such Rents or Additional Rents shall be prorated as of the Closing Date and paid to the Party party entitled thereto within ten not later than five (105) business days after following receipt, except to the extent such party received a credit at Closing for such Rents.
Appears in 2 contracts
Samples: Purchase Agreement (Molina Healthcare Inc), Purchase Agreement (Molina Healthcare Inc)
Non-delinquent Rents. If either Buyer or Seller collects any non-delinquent Rents or Additional Rents applicable to the month in which the Closing occurred, such Rents or Additional Rents shall be prorated as of the Closing Date and paid to the Party entitled thereto within ten (10) days after receipt.. Purchase and Sale Agreement Page 14 of 39
Appears in 1 contract
Samples: Purchase and Sale Agreement
