Common use of Costs of Escrow and Closing Clause in Contracts

Costs of Escrow and Closing. (a) All expenses that are required to be prorated including but not limited to non-delinquent ad valorem taxes, if any, for each Phase of the Property being transferred and the lien of any bond or assessment related to each Phase of the Property being transferred shall be prorated as of the applicable Closing Date.

Appears in 3 contracts

Samples: Disposition and Development Agreement, Disposition and Development Agreement, Disposition and Development Agreement

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Costs of Escrow and Closing. (a) All expenses that are required to be prorated including but not limited to non-non- delinquent ad valorem taxes, if any, for each Phase of the Property being transferred and the lien of any bond or assessment related to each Phase of the Property being transferred shall be prorated as of the applicable Closing Date.

Appears in 1 contract

Samples: Disposition and Development Agreement

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