Common use of Prepaid Expenses & Pro-rations Clause in Contracts

Prepaid Expenses & Pro-rations. Buyer shall purchase from Seller, and Seller shall sell to Buyer, the Dealership’s prepaid expense items incurred in the ordinary course of business at the direct out-of-pocket cost to Seller for such items and provided such prepaid expenses provide future benefit to Buyer as determined by Buyer in its sole discretion. All deposits and prorations which are normal and reasonable will be made as of Closing, including but not limited to the pro-ration of personal property taxes and utilities.

Prepaid Expenses & Pro-rations. Buyer shall purchase from Seller, and Seller shall sell to Buyer, the Dealership’s prepaid expense items incurred in the ordinary course of business at the direct out-of-pocket cost to Seller for such items and provided such prepaid expenses provide future benefit to Buyer as determined by Buyer in its sole discretion. All deposits and prorations which are normal and reasonable will be made as of Closing, including but not limited to the pro-ration of personal property taxes and utilities. Seller shall pay all sales taxes incurred as a result of the sale of the Assets pursuant to this Agreement.

Prepaid Expenses & Pro-rations. Buyer shall purchase from SellerSellers, and Seller Sellers shall sell to Buyer, the Dealership’s Dealerships’ prepaid expense items incurred in the ordinary course of business at the direct out-of-pocket cost to Seller Sellers for such items and provided such prepaid expenses provide future benefit to Buyer as determined by Buyer in its sole discretionBuyer. All deposits and prorations which are normal and reasonable will be made as of Closing, including but not limited to the pro-ration of personal property taxes and utilities.