Costs and Adjustments at Closing. Seller shall prepare and submit to Purchaser for Purchaser’s review, at least five (5) Business Days prior to the Closing Date, a draft proration statement setting forth the prorations and adjustments contemplated by this Agreement. Once Seller and Purchaser have agreed on such proration statement, and at least three (3) Business Days prior to the Closing Date, Seller and Purchaser shall submit the same to the Escrow Agent and the Escrow Agent shall prepare the Settlement Statement and submit the same to Seller and Purchaser for their approval at least two (2) Business Days prior to the Closing Date.
Costs and Adjustments at Closing. If the prorations and adjustments provided for in this Section 10.4 impose post-Closing obligations or liabilities on OpCo, Magellan covenants to use commercially reasonable best efforts to cause OpCo to perform such obligations and satisfy such liabilities in a timely manner, which covenant shall survive Closing.
Costs and Adjustments at Closing. 9 3.1. ADJUSTMENTS......................................................9 3.2. SELLER'S COSTS...................................................9 3.3. ADJUSTMENTS.....................................................10 3.4. IN GENERAL; PRORATION STATEMENT.................................11 3.5. PURPOSE AND INTENT..............................................11 3.6.
Costs and Adjustments at Closing. BCSP and Investor shall mutually agree on a proration statement setting forth the adjustments contemplated by this Agreement, all of which (e.g., rents, taxes, utilities, insurance, and other operating income and expenses), shall be apportioned as of the Closing Date pursuant to Section 8.5.2 below.
Costs and Adjustments at Closing
