Common use of Water and Sewer Charges Clause in Contracts

Water and Sewer Charges. Water rates, water meter charges, sewer rents and vault charges, if any, shall be adjusted and prorated as of the Adjustment Point on the basis of the fiscal period for which assessed. If there is a water meter, or meters, on any Asset, the applicable Seller agrees that it shall at the Closing furnish a reading of same to a date not more than thirty (30) days prior to the Closing and the unfixed meter charges and the unfixed sewer rent thereon for the time intervening from the date of the last reading shall be apportioned on the basis of such last reading, and shall be appropriately readjusted after the Closing on the basis of the next subsequent bills. Unmetered water charges shall be apportioned on the basis of the charges therefor for the same period of the preceding calendar year, but applying the current rate thereto.

Water and Sewer Charges. Water rates, water meter charges, sewer rents and vault charges, if any, shall be adjusted and prorated as of the Adjustment Point on the basis of the fiscal period for which assessed. If there is a water meter, or meters, on any the Asset, the applicable Seller agrees that it shall at the Closing furnish a reading of same to a date not more than thirty (30) days prior to the Closing and the unfixed meter charges and the unfixed sewer rent thereon for the time intervening from the date of the last reading shall be apportioned on the basis of such last reading, and shall be appropriately readjusted after the Closing on the basis of the next subsequent bills. Unmetered water charges shall be apportioned on the basis of the charges therefor for the same period of the preceding calendar year, but applying the current rate thereto.

Water and Sewer Charges. Water rates, water meter charges, sewer rents and vault charges, if anyany (other than any such charges, rates or rents which are payable by any Tenant pursuant to the Leases, for which no adjustment shall be adjusted and prorated as of made), will be paid by the Adjustment Point on Seller to the basis of the fiscal period for which assessedClosing Date. If there is a water meter, or meters, on any Assetthe Property, the applicable Seller agrees that it shall at the Closing furnish a reading of same to a date not more than thirty (30) 30 days prior to the Closing and the unfixed meter charges and the unfixed sewer rent thereon for the time intervening from the date of the last reading shall be apportioned on the basis of such last reading, and shall be appropriately readjusted after the Closing on the basis of the next subsequent bills. Unmetered water charges shall be apportioned on the basis of the charges therefor for the same period of the preceding calendar year, but applying the current rate thereto.

Water and Sewer Charges. Water rates, water meter charges, sewer rents and vault charges, if any, shall be adjusted and prorated as of the Adjustment Point on the basis of the fiscal period for which assessed. If there is a water meter, or meters, on any Assetthe Assets, the applicable Seller agrees that it shall at the Closing furnish a reading of same to a date not more than thirty (30) days prior to the Closing and the unfixed meter charges and the unfixed sewer rent thereon for the time intervening from the date of the last reading shall be apportioned on the basis of such last reading, and shall be appropriately readjusted reprorated after the Closing on the basis of the next subsequent bills. Unmetered water charges shall be apportioned on the basis of the charges therefor for the same period of the preceding calendar year, but applying the current rate thereto.