Prorated Items definition
Prorated Items shall have the meaning set forth in Section 2.3(a)(viii).
Prorated Items has the meaning given in Section 3.5.
Prorated Items means all periodic charges, including, but not limited to, prepaid lease payments, property taxes and utility payments, applicable to periods both before and after the Closing with respect to the Business normally prorated in connection with similar transactions.
Examples of Prorated Items in a sentence
Seller and Purchaser shall prorate the Prorated Items as of the Closing Date, on the basis of the actual number of days each party had possession or use during the calendar year or, where the billing is for a lesser period, during such period, except for those Prorated Items where it is possible to prorate by actual usage.
More Definitions of Prorated Items
Prorated Items has the meaning specified in Section 6.2.
Prorated Items has the meaning set forth in Section 2.7(a).
Prorated Items shall have the meaning set forth in Section 6.13.
Prorated Items means all revenues, charges, costs and expenses with respect to Assumed Liabilities.
Prorated Items has the meaning set forth in Section 2.7(a). “Purchase Price” has the meaning set forth in Section 2.5.
Prorated Items. As defined in Section 3.05.
Prorated Items shall include rents, sewer, water, fuel, telephone, electricity and other utilities and other charges and costs typically prorated between a buyer and a seller.