Common use of Credits and Prorations Clause in Contracts

Credits and Prorations. (a) All income and expenses of the Property shall be apportioned as of 12:01 a.m. on the day of Closing as if Buyer were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items include without limitation the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Income Growth Partners LTD X)

AutoNDA by SimpleDocs

Credits and Prorations. (a) All income and expenses of the Property shall be apportioned as of 12:01 a.m. a.m., on the day of Closing (the "Closing Date"), as if Buyer Purchaser were vested with title to the Property during the entire day upon which Closing occursDate. Such prorated items shall include without limitation the following:

Appears in 1 contract

Samples: To Agreement (Inland Real Estate Income Trust, Inc.)

Credits and Prorations. (a) All income normal and customary expenses of the Property shall be apportioned as of 12:01 a.m. a.m., on the day of Closing Closing, as if Buyer were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items include without limitation the following:.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Clearday, Inc.)

Credits and Prorations. (a) All apartment, garage, rental and commercial rental income and customary expenses of the Property shall be apportioned as of 12:01 a.m. a.m., on the day of Closing Closing, as if Buyer Purchaser were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items shall include without limitation the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Dean Witter Realty Yield Plus L P)

Credits and Prorations. (a) All income and expenses of the Property (other than real estate taxes) shall be apportioned as of 12:01 a.m. 11:59 p.m., on the day of Closing Date, as if Buyer Seller were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items shall include without limitation the following:

Appears in 1 contract

Samples: Sale Agreement (Wells Real Estate Fund Xiii L P)

AutoNDA by SimpleDocs

Credits and Prorations. (a) All income and expenses of the Property shall be apportioned as of 12:01 a.m. a.m., on the day of Closing as if Buyer were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items include without limitation the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Shopoff Properties Trust, Inc.)

Credits and Prorations. (a) All income and expenses of the Property shall be apportioned as of 12:01 a.m. a.m., on the day of Closing Date, as if Buyer Purchaser were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items include shall include, without limitation limitation, the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allstate Corp)

Credits and Prorations. (a) All income and expenses of the Property Properly shall be apportioned as of 12:01 a.m. on the day of Closing as if Buyer were vested with title to the Property during the entire day upon which Closing occurs. Such prorated items include without limitation the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Income Growth Partners LTD X)

Time is Money Join Law Insider Premium to draft better contracts faster.