Prorations and Deposits. The following shall be apportioned as of 12:01 a.m. on the Closing Date, with Buyer being credited or charged, as the case may be, with the Closing Date. All prorations shall be done on the basis of a three hundred sixty-five (365) day year and the actual number of days elapsed to the Closing Date or the actual number of days in the month in which the Closing occurs and the actual number of days elapsed in such month to the Closing Date, as applicable:
Appears in 5 contracts
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Rexford Industrial Realty, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions
Prorations and Deposits. The following shall be apportioned as of 12:01 a.m. on the Closing Date, with the Buyer being credited or charged, as the case may be, with the Closing Date. All prorations shall be done on the basis of a three hundred sixty-five (365) day year and the actual number of days elapsed to the Closing Date or the actual number of days in the month in which the Closing occurs and the actual number of days elapsed in such month to the Closing Date, as applicable:
Appears in 2 contracts
Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Cole Corporate Income Trust, Inc.), Purchase and Sale Agreement and Joint Escrow Instructions (Cole Corporate Income Trust, Inc.)