Common use of Allocation of Certain Expenses Clause in Contracts

Allocation of Certain Expenses. (a) All Allocable Expenses (as defined below) shall be prorated between pre-Closing and post-Closing periods, and between the Seller and the Buyer, based on the number of days elapsed, unless it is otherwise evident on the face of an invoice or xxxx that a particular item, service or expense is specifically attributable to a period before or after the Closing. Allocation and settlement of all Allocable Expenses paid by the parties shall be made within sixty (60) days following the Closing Date.

Appears in 3 contracts

Samples: Closing and Asset Purchase Agreement (Wca Waste Corp), Closing and Asset Purchase Agreement (Wca Waste Corp), Purchase and Sale of Assets Agreement (Wca Waste Corp)

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Allocation of Certain Expenses. (a) All Allocable Expenses (as defined below) shall be prorated between pre-Closing and post-Closing periods, and between the Seller and the Buyer, based on the number of days elapsed, unless it is otherwise evident on the face of an invoice or xxxx that a particular item, service or expense is specifically attributable to a period before or after the Closing. Allocation and settlement of all Allocable Expenses paid by the parties shall be made within sixty ninety (6090) days following the Closing Date.

Appears in 2 contracts

Samples: Purchase and Sale of Assets Agreement (Wca Waste Corp), Purchase and Sale of Assets Agreement (Wca Waste Corp)

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