Prepaid Taxes. If any portion of any other assessments paid by Seller with respect to the Property at or prior to the Closing, determined on a cash (rather than accrual) basis, relate to any time including or after the Closing, Buyer shall pay to Seller at the Closing the amount of such other assessments paid prorated for the number of days, from, including and after the Closing.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Wells Real Estate Fund Xiv Lp), Agreement for Purchase and Sale (Inland Western Retail Real Estate Trust Inc)
Prepaid Taxes. If any portion of any other assessments (e.g. special assessments and specifically excluding Taxes) paid by Seller with respect to the Property at or prior to the Closing, determined on a cash (rather than accrual) basis, relate to any time including or after the ClosingClosing Date, Buyer shall pay to Seller at the Closing the proportionate amount of such other assessments paid prorated for by Seller, based upon (x) the number period of days, from, including time to which such other assessment applies and after (y) the ClosingClosing Date.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Duke Realty Limited Partnership/), Agreement for Purchase and Sale (Duke Realty Corp)
Prepaid Taxes. If any portion of any assessments against the Property other assessments than taxes that are paid by Seller with respect to the Property at or prior to the Closing, determined on a cash (rather than accrual) basis, relate to any time including on or after the ClosingClosing Date, Buyer Purchaser shall pay to Seller at the Closing the amount of such other assessments paid prorated for the number of days, from, including and after the Closing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT, Inc.)
