Prorated Charges definition

Prorated Charges shall have the meaning set forth in Section 2.11(a).
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Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or
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Prorated Charges has the meaning set forth in Section 5.14.
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Examples of Prorated Charges in a sentence

  • On a monthly basis, the Company shall calculate the applicable Prorated Charges and deliver a notice of payment due to the Buyer within fifteen (15) Business Days of the end of each month with respect to the applicable Closing, Subsequent Closings and/or Distribution Center Closing that occurred during such month.

  • The net amount of all Prorated Charges owed to Buyer and Sellers under this shall be referred to as the “Buyer Proration Amount” if owed to Buyer or the “Seller Proration Amount” if owed to Sellers.

  • This MPD is calculated by taking the tuition (Prorated Charges) at the TIME THE STATEMENT WAS GENERATED and dividing them by the number or remaining months in your agreement to reach a zero balance.

  • All current rent (including without limitation percentage rent), real estate taxes, common area charges, utility charges, and other obligations of Seller under the - 7 - Leases or income or obligations of Seller under the Subleases and Licenses, shall be prorated as of the Effective Time with respect to each Assumed Lease Store in accordance with the payment terms of the Lease applicable thereto (collectively the "Prorated Charges").

  • At the time of the payment of any amount required to reflect the final Inventory Purchase Price pursuant to Section 2.06 or as soon thereafter as practicable, all rent (including without limitation percentage rent), common area charges, utility charges, and other obligations under the Store Leases shall be prorated as of the applicable Inventory Date (collectively the "Prorated Charges").

  • It is agreed that the time periods specified in this Section 6.12 shall not affect or otherwise impair either TransTex or Buyer from indemnification under ARTICLE XI with respect to the Prorated Charges.

  • The Seller’s Prorated Charges shall be payable by Seller notwithstanding the fact that they may become payable after the Closing Date.

  • For any amounts of the Seller’s Prorated Charges paid by Purchaser, Purchaser shall offset such amount against the Earn-Out Payments then due and payable (if any) and only after such offset shall Purchaser seek reimbursement of any remainder from Seller.

  • At the Closing, with respect to the Southern Site Leases (and, as applicable, with respect to the Owned Real Property), all rent (including without limitation percentage rent), common area charges, utility charges, real estate taxes, and other obligations shall be prorated as of the Closing Date (collectively the "Prorated Charges").

  • Buyer shall be permitted to redact such Tax Returns as necessary such that the Tax Returns provided to Seller pursuant to Section 6.4(c) relate only to Taxes that may give rise to a payment by Seller pursuant to Section 2.7. Sellers shall pay to Buyer the amount of any Prorated Charges in respect of such Taxes apportioned to Sellers at least [***] days prior to the due date of such payment except to the extent such Prorated Charges have been taken into account in the calculation of the Purchase Price.


More Definitions of Prorated Charges

Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Acquired Assets as of the Closing (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Closing occurs and (ii) prorated pursuant to Section 2.8(c).
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Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.7(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Transferred Assets (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Applicable Closing occurs and (ii) prorated pursuant to Section 2.7(c).
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Prorated Charges means (a) the Monthly Prorated Charges, (b) the non-monthly real estate related payments prorated pursuant to Section 2.8(b) and (c) the real estate Taxes and assessments and other Taxes (other than Transfer Taxes), in each case, (i) imposed upon or assessed directly against the Acquired Assets as of the Closing (including personal property Taxes and similar Taxes), in each case, for the Tax period in which the Closing occurs and (ii) prorated pursuant to Section 2.8(c). “Proration Period” has the meaning set forth in Section 2.8(c). “Purchase Price” has the meaning set forth in Section 2.3(a). “Purchase Price Allocation” has the meaning set forth in Section 2.7. “Related Agreements” means the ▇▇▇▇ of Sale, the Assignment and Assumption Agreement, the IP Assignment and Assumption Agreement, and the Lease Assignment and Assumption Agreements. “Related Orders” has the meaning set forth in Section 5.4(c). “Related to the Business” means used or held for use exclusively in the operation of the Stores by a Seller or, in the case of a Liability, to the extent accrued, reserved or incurred in connection with the operation of the Stores by a Seller. “Representative” means, when used with respect to a Person, the Person’s controlled Affiliates (including Subsidiaries) and such Person’s and any of the foregoing Persons’ respective 13
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Prorated Charges has the meaning set forth in Section 2.10(a). “Proration Period” has the meaning set forth in Section 6.4(b). “Purchase Price” has the meaning set forth in Section 2.3(a). “Purchase Price Allocation” has the meaning set forth in Section 2.9.
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Prorated Charges means (i) the Monthly Prorated Charges and (ii) the Property Taxes, in the case for clause (ii), (A) imposed upon or assessed directly against the Purchased Assets for any Straddle Period and (B) prorated pursuant to Section 2.7(a).
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Prorated Charges means the Property Taxes (A) imposed upon or assessed directly against the Purchased Assets for any Straddle Period and (B) prorated pursuant to Section 2.7(a)(b).
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Related to Prorated Charges

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Termination Charges means any compensatory charges payable by the Customer to BT on termination of this Agreement in whole or in part or a Service as set out in a Schedule or Order.