Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for the Closing Date. Prorations of annual payments will be made based on the number of days of ownership in the applicable annual period.
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Samples: Purchase and Sale Agreement (New England Realty Associates Limited Partnership), Purchase and Sale Agreement (Mac-Gray Corp), Purchase and Sale Agreement (Strategic Storage Trust, Inc.)
Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for the Closing Date. Prorations of annual payments will shall be made based on the number of days of ownership in the applicable annual period.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Cb Richard Ellis Realty Trust), Purchase and Sale Agreement (Haights Cross Communications Inc)
Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property Properties in the period applicable to the apportionment, with Buyer Purchaser entitled to income and responsible for expenses for the Closing Date. Prorations of annual payments will shall be made based on the number of days of ownership in the applicable annual period.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Extra Space Storage Inc.)
Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for from and after the Closing Date. Prorations of annual payments will shall be made based on the number of days of ownership in the applicable annual period.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Rubius Therapeutics, Inc.)
Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for and after the Closing Date. Prorations of annual payments will shall be made based on the number of days of ownership in the applicable annual period.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Rubius Therapeutics, Inc.)
Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for the Closing DateDate and thereafter. Prorations of annual payments will be made based on the number of days of ownership in the applicable annual period.
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Calculation of Prorations. All apportionments and prorations made hereunder shall be made based on the number of days of ownership of the Property in the period applicable to the apportionment, with Buyer entitled to income and responsible for expenses for the Closing Date. Prorations of annual payments will be made based on the number of days of ownership in the applicable annual periodperiod based on a 365 day year except as it relates to interest on the Assumed Mortgage Loans which will be calculated in accordance with the terms of the applicable Loan Documents.
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