Prorations means those proration and adjustment amounts that are customarily applied to closings of commercial real estate transactions in the county in which the Property is located, which amounts shall be calculated as of midnight (Eastern time) of the day immediately preceding the Closing Date and shall include:
Prorations has the meaning set forth in Section 11.2.
Prorations shall have the meaning set forth in Section 9.7(a).
Examples of Prorations in a sentence
The Consideration may be adjusted, upward or downward, by the amount of any adjustments arising from the Prorations (as defined herein).
Prorations for transfer students will be administered by the Office of the Registrar.
Prorations of annual payments will be made based on the number of days of ownership in the applicable annual period.
Prorations of costs in the Plan are also estimates and subject to change based upon implementation, future assessment policies and user fee adjustments.
Any increase in the Consideration as a result of the Prorations will be paid in OP Units.
More Definitions of Prorations
Prorations is defined in Section 2.6.
Prorations has the meaning set forth in Section 10.1 of this Agreement.
Prorations means those proration and adjustment amounts that are customarily applied to closings of commercial real estate transactions in the county in which the Property is located, which amounts shall be calculated as of midnight (Eastern time) of the day immediately preceding the Closing Date. Contributor shall be entitled to Contributor’s share of all income and responsible for Contributor’s share of all expenses of the Contributed Interest, Contributed Entity and the Property for the period of time up to but not including the Closing Date, and the Operating Partnership shall be entitled to all such income and responsible for all such expenses for the period of time after and including the Closing Date. Without limiting the generality of the foregoing, the following items of income and expense shall be prorated at Closing:
Prorations. Any apportionments or prorations of Base Rent or ---------- Additional Rent to be made under this Lease shall be computed on the basis of a three hundred sixty (360) day year, with twelve (12) months of thirty (30) days each.
Prorations shall have the meaning set forth in Section 7.6(a).
Prorations has the meaning set forth in Section 2.3.2.
Prorations. Any rent for any fractional month shall be prorated based on a thirty (30) day month, and for any fractional year shall be prorated based on a three hundred sixty (360) day year.