Common use of Apportionments Clause in Contracts

Apportionments. The following apportionments shall be made between Seller and Buyer as of 11:59 P.M. local time at the Property, on the day immediately preceding the Closing Date (the "Apportionment Date"). Where applicable, the apportionments shall be made by the Buyer and Seller pursuant to Section 4.17.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Cri Hotel Income Partners L P), Purchase and Sale Agreement (Cri Hotel Income Partners L P), Purchase and Sale Agreement (Cri Hotel Income Partners L P)

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Apportionments. The following apportionments shall be made between Seller and Buyer Purchaser as of 11:59 P.M. p.m. local time at the Property, on the day immediately preceding the Closing Date (the "Apportionment Date"). Where applicable, the apportionments shall be made by the Buyer and Seller pursuant to Section 4.17.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc), Purchase and Sale Agreement (Strategic Hotels & Resorts, Inc)

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Apportionments. The following apportionments shall be made between Seller and Buyer Purchaser as of 11:59 P.M. local time at the PropertyProperties, on the day immediately preceding the Closing Right to Use Date of the respective Property (the "Apportionment Date"). Where applicable, the apportionments shall be made by the Buyer Purchaser and Seller pursuant to and as defined in Section 4.17.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mountain High Acquisitions Corp.)

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