Common use of Calculation of Prorations Clause in Contracts

Calculation of Prorations. All prorations shall be made on the basis of the actual number of days of the month which have elapsed as of 12:01 a.m. on the Closing Date.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (BioMed Realty Trust Inc), Purchase and Sale Agreement (Netiq Corp), Option Agreement (Macromedia Inc)

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Calculation of Prorations. All prorations shall be made on the basis of the actual number of days of the year and month which have elapsed as of 12:01 a.m. on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bre Properties Inc /Md/)

Calculation of Prorations. All prorations shall be made on the basis of the actual number of days of the month which have elapsed as of 12:01 a.m. on the Closing DateDate (based on the periods to which the prorations relate and are applicable, and regardless of when payable).

Appears in 1 contract

Samples: Purchase and Sale Agreement (KBS Real Estate Investment Trust, Inc.)

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Calculation of Prorations. All prorations shall be made ------------------------- on the basis of the actual number of days of the year and month which have elapsed as of 12:01 a.m. on the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (American General Hospitality Corp)

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