Common use of OUTSIDE DATE AND CLOSING PROVISIONS Clause in Contracts

OUTSIDE DATE AND CLOSING PROVISIONS. 20 6.1. Guaranty................................................................................................................... 20 6.2. Closing Date.............................................................................................................. 20 6.3. Seller Closing Deliveries............................................................................................. 21 6.4. Purchaser Closing Deliveries...................................................................................... 22 6.5. Closing Prorations and Adjustments........................................................................... 23 6.5.1. General............................................................................................. 23 6.5.2. Operating Expenses........................................................................... 23 6.5.3. Utilities.............................................................................................. 23 6.5.4. Real Estate Taxes.............................................................................. 24 6.5.5. Property Contracts............................................................................ 24 6.5.6. Leases............................................................................................... 24 6.5.7. Existing Loan Payoff.......................................................................... 25 6.5.8. Insurance........................................................................................... 25 6.5.9. Employees......................................................................................... 25 6.5.10. Closing Costs.................................................................................... 26 6.5.11. [Intentionally Left Blank].................................................................... 26 6.5.12. Possession......................................................................................... 27 6.5.13. Tax Appeals...................................................................................... 27 6.5.14. Survival............................................................................................. 28 6.6. Post Closing Adjustments.......................................................................................... 28 6.7. Special Purpose Entity Transfers................................................................................ 28