APPORTIONMENTS AND PREPAYMENTS. 5.1. The Parties will deal with prepayments and apportionments at the commencement of this Contract as follows:
APPORTIONMENTS AND PREPAYMENTS. 9.1. No periodical charges and periodical outgoings of the Business or related to the Assets, including rents, rates and non-customer rebates, gas, electricity, telephone and water charges and all liabilities in relation to salaries, wages, entitlement to paid holiday, employee bonus or commission, expenses, National Insurance and pension contributions, shall be apportioned on a time basis, and all of the relevant charges attributable to the period ending at the Effective Time shall be assumed and borne by the Buyer. Such part of the relevant charges attributable to the period commencing on the day immediately following the Effective Time shall be borne by the Buyer. All periodical receipts of the Business shall belong to the Buyer on a like basis.
APPORTIONMENTS AND PREPAYMENTS. 5.1 Subject to the other provisions of this Agreement, all profits and receipts of the Business and all losses, liabilities, obligations and outgoings in respect of the Business up to the Completion Date belong to and must be paid and discharged by the Sellers. Accordingly the Sellers will jointly and severally indemnify the Purchaser and any other member of the Purchaser's Group from and against:
APPORTIONMENTS AND PREPAYMENTS. 9.1 The periodical charges and periodical outgoings of the Business Contracts or related to the Assets, being the non-customer rebates, insurance and all liabilities in relation to salaries, wages, entitlement to paid holiday, employee bonus or commission, expenses, National Insurance and pension contributions and liability to Taxation shall be apportioned on a time basis, so that such part of the relevant charges attributable to the period ending at the Effective Time shall be borne by the Seller and such part of the relevant charges attributable to the period commencing on the day immediately following the Effective Time shall be borne by the Buyer. All licence fees, royalties and other periodical receipts relating to the Business Contracts and the Assets shall be apportioned between the Seller and the Buyer on a like basis.
APPORTIONMENTS AND PREPAYMENTS. 9.1 All money or other items belonging to the Buyer, which are received by the Seller on or after the Effective Time in connection with the Business or any of the Assets, shall be held in trust for the Buyer and shall be paid promptly to the Buyer.
APPORTIONMENTS AND PREPAYMENTS. 7.1 All periodical charges and periodical outgoings of the Business or related to the Assets, including:
APPORTIONMENTS AND PREPAYMENTS. 7.1 The Bourne Group will pay the salaries and other remuneration, national insurance, pension contributions and income tax deductible under PAYE in respect of the Employees apportioned up to but not including the Completion Date.
