Preliminary Closing Adjustment. Seller’s Investment Advisor and Buyer shall jointly prepare and approve a preliminary Closing adjustment for each Property or all Properties on the basis of the Leases and other sources of income and expense, and shall deliver such computation to Escrow Holder prior to Closing, and the Escrow Holder shall prepare a settlement statement based thereon to be executed by Buyer and Seller at Closing (the “Closing Statement”).
Appears in 4 contracts
Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions
Preliminary Closing Adjustment. Seller’s Investment Advisor and Buyer shall jointly prepare and approve a preliminary Closing adjustment for each Property or all Properties (the “Closing Statement”) on the basis of the Leases ULA Lease and other sources of income and expense, and shall deliver such computation to Escrow Holder prior to Closing, and the Escrow Holder shall prepare a settlement statement based thereon to be executed by Buyer and Seller at Closing (the “Closing Statement”).
Appears in 1 contract
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Cole Corporate Income Trust, Inc.)
Preliminary Closing Adjustment. Seller’s Investment Advisor and Buyer shall jointly prepare and approve a preliminary Closing adjustment for each Property or all Properties (the “Closing Statement”) on the basis of the Leases and other sources of income and expense, and shall deliver such computation to Escrow Holder prior to Closing, and the Escrow Holder shall prepare a settlement statement based thereon to be executed by Buyer and Seller at Closing (the “Closing Statement”).
Appears in 1 contract
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Rexford Industrial Realty, Inc.)