Credits and Prorations. All income and expenses in connection with the operation of the Property shall be apportioned, as of 11:59 p.m. (local time) on the day prior to the Closing Date. Prorated and credited items shall include, without limitation, the following:
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Thinking Green), Purchase and Sale Agreement (Thinking Green), Purchase and Sale Agreement (Thinking Green)
Credits and Prorations. (a) All income and expenses in connection with the operation of the Property shall be apportioned, apportioned as of 11:59 p.m. (local time) 12:01 a.m., on the day prior to the Closing Date, as if Purchaser was vested with title to the Property during the entire day upon which Closing occurs. Prorated and credited Such prorated items shall include, include without limitation, the following:
Appears in 2 contracts
Samples: Sale Agreement (Atlas Financial Holdings, Inc.), Sale Agreement (Atlas Financial Holdings, Inc.)
Credits and Prorations. (a) All income and expenses in connection with the operation of the Property shall be apportioned, apportioned as of 11:59 p.m. (local time) on the day prior to the Closing Date, as if Purchaser were vested with title to the Property during the entire day on which the Closing occurs. Prorated and credited Such prorated items shall include, without limitation, the following:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Hines Global REIT, Inc.), Purchase and Sale Agreement (Wells Core Office Income Reit Inc)
Credits and Prorations. All income and expenses expenses, if any, in connection with the operation of the Property shall be apportioned, as of 11:59 p.m. (local time) on the day prior to the Closing DateDate (accordingly, the day of Closing being a day of income and expense to Purchaser). Prorated and or credited items shall include, without limitation, the following:
Appears in 1 contract
Samples: Purchase and Sale Agreement
