Common use of Proration Date Clause in Contracts

Proration Date. The term “Proration Date” shall mean the specific date set for Closing in Section 3 or any subsequent date set for Closing, provided that the actual date of Closing occurs within five (5) business days after said date set for Closing.

Appears in 8 contracts

Sources: Intellectual Property Rights Purchase and Transfer Agreement (Boumarang Inc.), Asset and Intellectual Property Rights Purchase and Transfer Agreement (Boumarang Inc.), Ip Transfer Agreement (Neuropathix, Inc.)

Proration Date. The term "Proration Date" shall mean the specific date set for Closing in Section 3 3.1, or any subsequent date set for Closing, provided that the actual date of Closing occurs within five (5) business days after said date set for Closing.

Appears in 1 contract

Sources: Asset Sale, Purchase and Transfer Agreement (Melo Biotechnology Holdings Inc.)