Rents and Other Income. Rents and any other amounts paid to Property Owner by the tenants will be prorated as of the Closing Date and be adjusted against the Purchase Price for the Asset on the basis of a schedule which will be prepared by the Cousins Parties and delivered to Acquisition for review and approval prior to Closing. All rents, additional rent, percentage rent, common area maintenance charges, operating expense contributions, tenant reimbursements and escalations, and all other payments under the Leases received as of the Closing Date will be prorated. Property Owner will retain rent payments paid by tenants and which are 20222881v11 attributable to the period through the day prior to the Closing Date. Property Owner will retain operating expense payments paid by tenants and applicable to those expenses paid or payable by Property Owner through the day prior to the Closing Date for which Property Owner is entitled to reimbursement under the Leases (including, without limitation, Taxes and charges for appeals relating to Taxes to the extent permitted under the Leases and insurance). The expenses will be reasonably estimated if not ascertainable as of the Closing Date. The expenses will be readjusted as provided in Section 7.1.G. below when actual amounts are determined. The Cousins Parties will cause each Property Owner to pay to the Acquiring Entity, upon receipt, any rents or other payments by tenants under their respective Leases that apply to periods from and after the Closing or expenses incurred after Closing but which are received by Property Owner after Closing. Cousins and Acquisition will cause the Acquiring Entity to pay to Property Owner, upon receipt, any rents or other payments by tenants under their respective Leases that apply to periods prior to Closing or expenses incurred by Property Owner prior to Closing but which are received after Closing, after having applied any such rents or payments to sums owing with respect to the period after the Closing. It is understood and agreed that the Acquiring Entity will not be legally responsible for the collection of any rents or other charges payable with respect to the Leases which are delinquent or past due as of the Closing Date; but Cousins and Acquisition will cause the Acquiring Entity to send monthly notices for a period of one (1) year in an effort to collect any rents and charges not collected as of the Closing Date. To the extent there are any payments made to or by a Property Owner under any Permitte...
Rents and Other Income. Any prepaid rents applicable to dates from and after the Closing Date shall be paid to Buyer at Closing.
Rents and Other Income. All rents and other revenue and income shall be prorated to the Closing Date. All deposits shall be transferred to Purchaser at Closing.
Rents and Other Income. All rents, issues, profits, royalties, income, revenues, and other benefits derived from the Property or from the business located thereon or operated with respect thereto (collectively the "Rents"), subject to the right, power, and authority hereinafter given to Mortgagor to collect and apply Rents;
Rents and Other Income
