Common use of Fuel Oil Clause in Contracts

Fuel Oil. Fuel oil, if any, owned by Seller and located at the Real Estate on the Closing Date shall be adjusted at the cost thereof to Seller on a first in-first out basis. Seller shall arrange for the amount of fuel oil to be determined in writing by the fuel company presently supplying fuel to the Real Estate as of a date which is not more than five (5) business days prior to the Closing Date, and such documentation shall be provided to Purchaser for verification.

Appears in 1 contract

Sources: Sale Purchase Agreement (Hilfiger Tommy Corp)

Fuel Oil. Fuel oil, if any, owned by Seller and located at the Real Estate on the Closing Date shall be adjusted at the cost thereof to Seller on a first in-first out basis. Seller shall arrange for the amount of fuel oil to be determined in writing by the fuel company presently supplying fuel to the Real Estate as of a date which is not more than five (5) business days prior to the Closing Date, and such documentation shall be provided to Purchaser for verification.

Appears in 1 contract

Sources: Sale Purchase Agreement (Ambase Corp)

Fuel Oil. Fuel oil, if any, owned by Seller and located at the Real Estate Property on the Closing Date shall be adjusted at the cost thereof to Seller on a first in-first out basis. Seller shall arrange for the amount of fuel oil to be determined in writing by the fuel company presently supplying fuel to the Real Estate Property as of a date which is not more than five (5) business days prior to the Closing Date, and such documentation shall be provided to Purchaser for verification.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Steinway Musical Instruments Inc)