Common use of Pro-rations Clause in Contracts

Pro-rations. If the amount paid by either party with respect to items and periods covered by the pro-rations referenced in Article 8 differs from the amount of the actual pro-rated amounts due as provided herein, then each party shall have thirty (30) calendar days after the Closing date in which to notify the other party in writing of the amount of such difference, giving appropriate supporting documentation; and the party being so notified shall pay such difference within ten (10) business days following receipt of such notification. Any claim for reimbursement not submitted within said thirty (30) day period is hereby waived by both parties notwithstanding survival of the pro-ration provisions of this Agreement beyond Closing.