Prorations at Closing. A. All real property taxes, if not exclusively imposed on either the Buyer or the Seller, shall be prorated to the date of Closing.
Prorations at Closing. Any and all real property Taxes, personal property taxes, assessments, lease rentals, and other charges applicable to the Leased Premises, the Purchased Assets or the Assumed Liabilities will be prorated to the Effective Date, and such Taxes and other charges shall be allocated between the Parties by adjustment at the Closing, or as soon thereafter as the Parties may agree.
Prorations at Closing. All items of income, expense, charges, fees and costs covered by this Agreement, to the extent earned, incurred or accrued for a period that starts before and ends after the Closing Date, shall be pro-rated as of the Closing Date with Sellers receiving or responsible for the pro-rated amount for the period before the Closing Date and Buyer receiving or responsible for the pro-rated amount from and after the Closing Date. Such pro-rated amounts shall be determined at Closing or, if it is not possible to calculate them at that time because of insufficient information, promptly after such information becomes available. To the extent that either party requests a post-closing reconciliation of pro-rations at Closing, such reconciliation shall be made within 45 days after Closing.
Prorations at Closing. All compensation (including vacation and sick pay accruals, as applicable), payroll and withholding taxes relating to the Seller's employees, including wages accrued but unpaid for the current payroll period (determined as of the Closing Date) shall be paid by the Buyer when due and shall be treated as an Assumed Obligation; provided, however, that Seller will pay the entire payroll for the period ending August 31, 2004. Seller will also pay all bills for ordinary accounts payable received prior to the Effective Time, and Buyer will pay all bills for ordinary accounts payable received after the Effective Time, not to exceed $10,000 in the aggregate, plus the Assumed Obligations. All other operating expenses and liabilities relating to the ownership and operation of the Purchased Assets attributable to the period ending at the Effective Time that are not Assumed Obligations shall be paid by the Seller as they fall due. The Assumed Obligations and all operating and other expenses relating to the ownership and operation of the Purchased Assets attributable to periods commencing on and after the Effective Time shall be the sole responsibility of the Buyer.
Prorations at Closing. All property taxes, assessments, and community association fees shall be prorated as of the Closing Date.
Prorations at Closing. All operating expenses and liabilities relating to the ownership and operation of the Purchased Assets attributable to the period ending at the Effective Time that are not Assumed Obligations shall be paid by the Seller as they fall due.
Prorations at Closing. Real estate taxes for the current year, rentals and insurance premiums (acceptable to Purchaser), interest on encumbrances, and operating expenses (for service contracts or other obligations assumed by Purchaser), if any, shall be prorated as of the date of closing.
Prorations at Closing. Seller shall also pay or credit a prorata share (computed in accordance with local custom) of the next estimated semi-annual installment of taxes and assessments; except that if the assessments are assessed annually, then the proration of assessments shall be based upon the annual assessment. The Seller's prorata share shall be computed based upon the number of days elapsing between the most recent semi-annual installment and the Closing Date.
Prorations at Closing. All taxes for the current year, rents, insurance, interest, mortgage reserves, water and other utilities (and other such amounts) shall be prorated as of the date of closing. Irrigation assessments, if any, shall be prorated on the basis of a 30-day month, 183 day irrigation season (April 15 to October 15).
Prorations at Closing. All prorations under this Section 10 shall (i) be made as of 12:01 a.m. on the Closing Date (the “Proration Cutoff”), and (ii) be made on the basis of the actual number of days in the appropriate proration periods. The following items shall be credited to the parties or shall be prorated by the parties as of the Closing Date, as applicable, with the Waisterisk Project Entities (as constituted prior to the Closing Date) (the “Pre-Closing Project Entities”) responsible for expenses and entitled to revenues accruing prior to the Proration Cutoff, and the Waisterisk Project Entities (as existing from and after the Closing Date) (the “Post-Closing Project Entities”) responsible for expenses and entitled to revenues accruing after the Proration Cutoff:
