Closing Prorations means the prorations set forth on Exhibit [●]. An example of Closing Prorations is set forth on Exhibit [●] hereto for illustrative purposes only.

Closing Prorations means the prorations set forth on Exhibit D. “Closing Statement” has the meaning set forth in Section 2.08(a). “Code” means the Internal Revenue Code of 1986.

Closing Prorations means the prorations set forth on Exhibit D.

Examples of Closing Prorations in a sentence

CLOSING PRORATIONS AND ADJUSTMENTS.................................
Debtor and Debtor In Possession By: /s/ Xxxx Xxxxxxx ------------------------- Name: Xxxx Xxxxxxx ------------------------- Its: Vice President ------------------------- CLOSING PRORATIONS As of the Closing on May 30, 2001, under the Asset Purchase Agreement by and between CPM Acquisition Corp., a Delaware corporation and Consolidated Process Machinery, Inc., a California corporation.
CLOSING PRORATIONS AND ADJUSTMENTS...............................

More Definitions of Closing Prorations

Closing Prorations. The following items shall be prorated at closing: None. - SPECIAL ASSESSMENTS: See Addendum - FORM OF TITLE EVIDENCE: Seller shall give evidence of title by an OWNER'S policy of title insurance as further described under TITLE EVIDENCE. - CONVEYANCE OF TITLE: Upon payment of the purchase price, Seller shall convey the Property by warranty deed (or other conveyance as provided herein) free and clear of all liens and encumbrances, except: municipal and zoning ordinances and agreements entered under them, recorded easements for the distribution of utility and municipal services, recorded building and use restrictions and covenants, general taxes levied in the year of closing and None other (provided none of the foregoing prohibit present use of the Property), which constitutes merchantable title for purposes of this transaction. Xxxxxx further agrees to complete and execute the documents necessary to record the conveyance. PROPERTY IMPROVEMENT, DEVELOPMENT OR CHANGE OF USE. PROPERTY CONDITION PROVISIONS

Closing Prorations. The following shall be prorated between the parties based on a 365 day year as of 11:59 p.m. of the Closing Date:

Closing Prorations. The following items shall be prorated at closing: real estate taxes, rents, property owner's or condominium association fees and assessments and any payments due under the Collateral Contracts. Any income, taxes or expenses shall accrue to Seller, and be prorated, through the day prior to closing. Net general real estate taxes shall be prorated based on the net general real estate taxes for the current year, if known, otherwise on the net general real estate taxes for the preceding year.

Related to Closing Prorations

Pre-Closing Statement has the meaning set forth in Section 2.4(a).
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.
Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.
Closing Statement has the meaning set forth in Section 2.5(a).
Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).
Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.
Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).
Post-Closing Statement has the meaning set forth in Section 3.3(c).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Tax Items shall have the meaning set forth in Section 6.4.A.
Closing Period means the period between the close of business on the date of this Agreement and the Closing.
Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Closing Consideration shall have the meaning set forth in Section 2.1(b).
Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.
Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).
Final Adjustment Statement has the meaning set forth in Section 2.6(c).
Final Closing Statement has the meaning set forth in Section 2.4(a).
Adjustment Escrow Funds means, at any time, the portion of the Adjustment Escrow Amount then remaining in the Adjustment Escrow Account.
Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).
Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.
Adjustment Escrow Fund means the Adjustment Escrow Amount deposited with the Escrow Agent, as such amount may be increased or decreased as provided in this Agreement and the Escrow Agreement, including any remaining interest or other amounts earned thereon.

Closing Prorations definition

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