Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller and Buyer. As the amounts of the respective items become finally ascertained, further adjustment shall be promptly made between the parties in cash.
Appears in 19 contracts
Samples: Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.), Real Estate Purchase Agreement, Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.)
Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller and Buyer. As the amounts of the respective items become finally ascertained, but in no event later than sixty (60) days after the Closing Date, further adjustment shall be promptly made between the parties in cash.
Appears in 3 contracts
Samples: Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.), Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.), Real Estate Purchase and Sale Agreement (Medalist Diversified REIT, Inc.)
Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller and Buyer. As the amounts of the respective items become finally ascertained, further adjustment shall be promptly made between the parties in cash, provided however, no reconciliation, re-proration, or adjustment may be made more than one (1) year following the Closing Date.
Appears in 2 contracts
Samples: Real Estate Purchase Agreement (US Federal Properties Trust Inc.), Real Estate Purchase Agreement (US Federal Properties Trust Inc.)
Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller and Buyer. As the amounts of the respective items become finally ascertained, further adjustment shall be promptly made between the parties in cash, within ten (10) days following either party’s written notice to the other accompanied by reasonable supporting documentation.
Appears in 2 contracts
Samples: Real Estate Purchase Agreement, Real Estate Purchase Agreement (TNP Strategic Retail Trust, Inc.)
Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller and Buyer. As the amounts of the respective items become finally ascertained, further adjustment shall be promptly made between the parties in cashcash within the period set forth in Section 5.8.4 below.
Appears in 1 contract
Samples: Real Estate Purchase Agreement (TNP Strategic Retail Trust, Inc.)
Re-prorations. At Closing, the amount of prorations and adjustments as aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment shall be made between Seller Sellers and Buyer. As the amounts of the respective items become finally ascertained, further adjustment shall be promptly made between the parties in cash.
Appears in 1 contract
Samples: Real Estate Purchase Agreement (TNP Strategic Retail Trust, Inc.)
