Prorations and Credits Sample Clauses

Prorations and Credits. The following items in this Section 5.4 shall be adjusted and prorated between Seller and Purchaser as of 11:59 P.M. on the day preceding the Closing, based upon the actual number of days in the applicable month or year:
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Prorations and Credits. The items in this Section 5.4 shall be prorated between Seller and Purchaser or credited, as specified:
Prorations and Credits. Buyer and Seller agree that Buyer shall pay all closing costs and all real property taxes, assessments and other similar matters pertaining to the Subject Property, including those due on November 30, 2018, and that no prorations or credits are to be made or due.
Prorations and Credits. The items in this Section 5.4 shall be prorated between Contributor and GIPLP or credited, as specified:
Prorations and Credits. Rents, utilities, pre-paid service contracts, property taxes, association 122 dues, and other similar items shall be prorated and credited along with security deposits and 123 prepaid items through date of closing. Seller shall pay at closing all special assessments, 124 special service area taxes, or fees or other similar items charged against the premises 125 approved, enacted or confirmed prior to date of final acceptance of contract by a public body, 126 private association or a Court. 127 Tax prorations shall be final as of closing and based upon the actual tax bill if known for a 128 specific tax year; otherwise shall be calculated at 105% of the most recent tax rate times the 129 assessment and exemption information published on the county assessor’s website within 7 130 business days of final acceptance unless Seller submits to Buyer within 7 business days of 131 final acceptance evidence of changes in the assessment and exemption information. Seller 132 warrants that it has submitted or will submit in a timely manner all necessary documentation 133 to preserve the exemptions through closing and shall provide evidence of the same within 7 134 business days of final acceptance; otherwise, the tax prorations shall be prorated without said 135 exemptions.
Prorations and Credits. (a) The following items shall be prorated and apportioned as of the Closing Date: net general real estate taxes, utility charges, current and prepaid rent, and any amounts payable under the Contracts. For the purposes of prorating real estate and personal property taxes on the Closing Date, the taxes for the year of closing shall be prorated based upon the prior year's net tax amounts. Municipal parking fees shall be reflected, if necessary, to avoid Buyer incurring any liability for parking fees collected or assessed prior to the Closing Date. Special assessments, if any, for work on site actually commenced, announced, or levied before the Closing Date, and all charges, tap fees, paybacks, and other obligations for improvements affecting the Property and imposed prior to the Closing Date, and the costs of restoring the Property as nearly as possible to the condition that existed before such work or improvements, shall be paid by Seller; provided, however, that the restoration costs, if any, shall be included in the costs of remedying Defects under Section 4(c) and accordingly shall be subject to the limitations on Seller's liability in Section 4(c). Income and expenses attributable to the Closing Date shall accrue to Seller.
Prorations and Credits. (a) The following items shall be prorated as of 11:59 p.m. of the day immediately preceding the Closing Date. To the extent that the amounts of the items to be prorated are ascertainable as of the Closing Date, they shall be prorated at the Closing. To the extent that the amounts of the items to be prorated are not reasonably ascertainable as of the Closing Date, they shall be adjusted as promptly after the Closing as the amounts thereof are ascertained. Any errors or omissions in computing the prorations at the Closing shall be promptly corrected and this obligation shall survive the Closing hereunder for a period of twelve (12) months from the Closing Date.
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Prorations and Credits. The items in this Section 5.4 shall be prorated between Seller and Purchaser or credited, as specified herein. All matters involving prorations or adjustment to be made in connection with the Closing and not specifically provided for in some other provision of this Agreement shall be prorated as of midnight of the day immediately preceding the Closing Date.
Prorations and Credits. The Purchase Price shall be further adjusted by the net amount of prorations and credits under Section 5.5.
Prorations and Credits. At the Closing, prorations and credits between the applicable Seller, on the one hand, and Buyer, on the other hand, shall be made for each Property as follows:
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