Closing Adjustments and Prorations. With respect to the Property, the following adjustments shall be made, and the following procedures shall be followed:
Closing Adjustments and Prorations. Except as otherwise provided in this Section, all adjustments and prorations to the Purchase Price payable at Closing shall be computed as of the Prorations Date. Such adjustments and prorations shall include the following:
Closing Adjustments and Prorations. With respect to each Property (and not the Properties, in the aggregate), the following adjustments shall be made, and the following procedures shall be followed:
Closing Adjustments and Prorations. The amount of Agreed Value to be paid or delivered at Closing shall be increased or decreased, as appropriate, by the prorations and adjustments provided for in the Purchase Agreements.
Closing Adjustments and Prorations. 11.1 The following items are to be apportioned at closing in an equitable manner, as of the close of business on the day of the closing ("the Adjustment Date") so that the income and expense items with respect to the period prior to the Adjustment Date will be for Seller's account and the income and expense items with respect to the period on and after the Adjustment Date will be for Buyer's account.
Closing Adjustments and Prorations. The following items of expense shall be adjusted as of midnight of the day immediately preceding the Closing Date (such that Seller shall be responsible for all days prior to the Closing Date, and Purchaser shall be responsible for all days from and after the Closing Date, including, without limitation, the Closing Date):
Closing Adjustments and Prorations. 9.4.1 At Closing, the Purchase Price will be adjusted for the following adjustments and prorations as of 11:59 P.M. on the Closing Date as if Purchaser were purchasing the Property rather than the Membership Interests:
Closing Adjustments and Prorations. All utility charges and other service contracts assumed by Purchaser hereunder and such other items and costs as agreed between the Parties shall be prorated (at Closing or as soon thereafter as is practicable) between Seller and Purchaser in the manner indicated below. For purposes of calculating prorations, Purchaser shall be deemed to be in title to the Purchased Assets for the entire day upon which the Closing occurs. All such prorations shall be made on the basis of the actual number of days of the year and month which shall have elapsed as of the Closing Date. To the extent not ascertainable at the Closing Date, the amount of such prorations shall be adjusted in cash after Closing as and when complete and accurate information becomes available. Seller and Purchaser agree to cooperate and use their diligent and good faith efforts to make such adjustments no later than sixty (60) days after the Closing. Items of income and expense for the period prior to the Closing Date will be for the account of Seller and items of income and expense for the period on and after the Closing Date will be for the account of Purchaser, all as determined by the accrual method of accounting. To the extent that Purchaser makes any payments of expenses on behalf of Seller which accrued prior to the Closing Date and are required to be paid by Seller (other than reimbursement of fees and costs related to the audit as provided in Section 6.13), the Purchase Price shall be reduced dollar for dollar.
Closing Adjustments and Prorations. 7.3.1 At Closing, Purchaser shall assume and pay when due:
Closing Adjustments and Prorations. There shall be no prorations of real estate taxes, assessments, or any other items of expense or income with respect to the purchase of the Member Interest, other than with respect to adjustments relating to distributions and capital calls as provided in Section 2 hereof.
