Cost Proration Sample Clauses

Cost Proration. The COUNTY shall pay one hundred percent (100%) of the CONTRACT costs associated with the construction of the shared-use path.
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Cost Proration i. The COUNTY shall pay eighty percent (80%) of the CONTRACT costs associated with the construction of the sidewalk located within the VILLAGE’s corporate limits; and,
Cost Proration i. The COUNTY shall pay one hundred percent (100%) of the CONTRACT costs for the topsoil.
Cost Proration i. The COUNTY shall pay twenty-five percent (25%) of the CONTRACT costs of a water main quality pipe for that portion of the water main currently located within the COUNTY’s right- of-way but not in any easement granted to the VILLAGE for such purposes.
Cost Proration. The VILLAGE shall pay one hundred percent (100%) of the costs associated with the removal of the existing gateway sign and its replacement.
Cost Proration. It is mutually agreed by and between the PARTIES that the VILLAGE shall not be obligated for any costs associated with the construction of the bus shelters. Further, the COUNTY may enter into a separate agreement with Pace to determine the costs and any cost proration between the COUNTY and Pace associated with the construction of the bus shelters.
Cost Proration. The COUNTY shall credit the VILLAGE Forty-seven Thousand Two Hundred Fifty Dollars and No/100 ($47,250.00) for the cost of the tree replacement. The COUNTY shall credit said amount within thirty (30) days of notification by the COUNTY of substantial completion of construction of the PROJECT. Substantial completion means the construction is sufficiently complete in accordance with the PLANS and SPECIFICATIONS within the municipal limits of the VILLAGE so that the motoring public may travel in a normal traffic pattern, although punch list items remain to be completed. The compensation provided by the COUNTY will constitute its total obligation for tree replacement incurred as a result of the aforementioned PROJECT.
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Cost Proration. The DISTRICT shall pay one hundred percent (100%) of the CONTRACT costs associated with the purchase and installation of the EVP equipment upgrade features located along Xxxxxxx Road from Xxxxxxx Drive to Polaris Drive / Acorn Lane and Algonquin Road at Crystal Lake Road; and,

Related to Cost Proration

  • Prorations The following shall be prorated between Buyer and Seller as of 11:59 p.m. local time of the day immediately preceding the Closing Date, on the basis of the actual number of days elapsed during the month in which the Closing occurs: general and special county and city real property taxes and special assessments (collectively, "Taxes") for the tax period then in effect and insurance premiums (but only if Buyer is assuming Seller's insurance policy or policies). Proration of Taxes shall be based on the most recent official tax bills or notice of valuation available for the fiscal year in which the Closing occurs, with due allowance to be made for the maximum available discount or other exemptions to the extent permissible for said year, and to the extent the tax bills do not accurately reflect the actual Taxes assessed against the Property (or any portion of the Property) and allocable either to the period before the Closing or to the period after the Closing, then Buyer and Seller shall adjust the actual Taxes between Buyer and Seller, outside of Escrow, as soon as reasonably possible following the Closing. In addition to the foregoing apportionments, Seller shall receive all rents and other income accrued, and shall pay all other expenses accrued or incurred, in connection with the ownership or operation of Property before the Closing Date, and Buyer shall receive all rents and other income accruing, and shall pay all other expenses accrued or incurred, in connection with the ownership or operation of Property on or after the Closing Date, all of which rents, other income and expenses shall be prorated as of the Closing. Rents and other income, if any, collected by Buyer after the Closing shall be applied first to any amounts due to Buyer and then, to the extent such rents or other income relate to the period ending on or before the Closing, such rents or other income shall be paid to Seller within ten (10) days after end of the month in which such amounts were collected. Buyer shall incur no obligation to Seller for Buyer's failure to collect such rentals or other income. All security and any other refundable deposits paid by tenants to Seller pursuant to tenant leases shall be delivered by certified funds to Buyer at the Closing or, at Seller's option, credited to Buyer against the cash portion of the Purchase Price at the Closing. Escrow Holder shall not be concerned with any prorations that are to be made after the Closing pursuant to this Agreement.

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