COSTS AND ADJUSTMENTS Sample Clauses

COSTS AND ADJUSTMENTS. At closing, the following items shall be adjusted or prorated between Seller and Purchaser:
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COSTS AND ADJUSTMENTS. (a) All utility costs and other operating expenses, rents, prepaid items and other similar items attributable to the Terminal Assets shall be prorated as of the time of Closing on the basis of the proportional number of days in the relevant determination period for such items, allocated to the Contributors for all days through and including the Closing Date, and to Acquirer for all days after the Closing Date. To the extent known prior to the Closing Date, such amounts shall be apportioned as of the Closing Date, and the net amount thereof shall be added to or deducted from, as the case may be, the Series A Cash Amount. Any such amounts which are not known or available for proration on the Closing Date shall be paid by Acquirer to the Contributors, or the Contributors to Acquirer, as applicable, as soon as practicable after such amount becomes available, but in no event later than 90 days after the applicable tax year that overlaps the Closing Date.
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COSTS AND ADJUSTMENTS. At closing, the following items shall be paid or allocated:
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COSTS AND ADJUSTMENTS. 66 14.1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66 14.2 Real Property Assets . . . . . . . . . . . . . . . . . . . . . . . . . 66 14.2.1 Rents and Expenses . . . . . . . . . . . . . . . . . . . . . 66 14.2.2 Ordinary Expenses . . . . . . . . . . . . . . . . . . . . . . 66 14.2.3
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COSTS AND ADJUSTMENTS. 14.1 The parties shall make the adjustments and pay the costs in accordance with the provisions of Sections 14.2 through 14.13. The provisions of this Article XIV shall survive the Closing.
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COSTS AND ADJUSTMENTS. 22 ARTICLE
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COSTS AND ADJUSTMENTS. At or about Closing, the Assignment of Aircraft Security Agreement shall be registered by Purchaser with the FAA. The Assignment of Notes and Liens shall be recorded by Purchaser in Dallas County, Texas and with the Office of the Secretary of State of Texas. Purchaser shall pay at Closing all sales, transfer and any other similar Taxes payable as a result of the purchase of the Assets by Purchaser.
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COSTS AND ADJUSTMENTS. The purchase price will be adjusted as follows:
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COSTS AND ADJUSTMENTS 
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Related to COSTS AND ADJUSTMENTS

  • Section 754 Adjustments To the extent an adjustment to the adjusted tax basis of any Company asset, pursuant to Code Section 734(b) or Code Section 743(b) is required, pursuant to Regulations Section 1.704-1(b)(2)(iv)(m)(2) or 1.704-1(b)(2)(iv)(m)(4), to be taken into account in determining Capital Accounts as the result of a distribution to a Unit Holder in complete liquidation of such Unit Holder’s interest in the Company, the amount of such adjustment to Capital Accounts shall be treated as an item of gain (if the adjustment increases the basis of the asset) or loss (if the adjustment decreases such basis) and such gain or loss shall be specially allocated to the Unit Holders in accordance with their interests in the Company in the event Regulations Section 1.704-1(b)(2)(iv)(m)(2) applies, or to the Unit Holder to whom such distribution was made in the event Regulations Section 1.704-1(b)(2)(iv)(m)(4) applies.

  • Closing Costs and Prorations Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Personal Property and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) recording fees for the cost of recording the State Deed; (2) the cost for any title insurance purchased at Buyer’s option; (3) lender fees, if any, together with all associated recording fees, if any; and (4) any other cost, fee, or expense which may be reasonably required in order for the transaction to close.

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