Common use of Closing Prorations Clause in Contracts

Closing Prorations. The following adjustments are to be made at the Closing as of 12:00 midnight of the day preceding the Closing Date Two: (i) water charges; (ii) sewer charges; (iii) gas; (iv) electric; (v) fuel; (vi) real estate taxes; (vii) lease income; and (viii) any other items which shall be appropriate for adjustment under local closing standards and practices.

Closing Prorations. The following adjustments are to be made at the Closing as of 12:00 midnight of the day preceding the Closing Date TwoDate: (i) water charges; (ii) sewer chargesrents; (iii) gas; (iv) electric; (v) fuel; fuel (vi) real estate taxes; (vii) lease incomeat the Township’s cost therefor); and (viiivi) any other items which shall be appropriate for adjustment under local closing standards and practices.