Common use of Credits and Prorations Clause in Contracts

Credits and Prorations. All income and expenses in connection with the operation of the Property shall be apportioned, as of 11:59 p.m. (local time) on the day prior to the Closing Date. Prorated and credited items shall include, without limitation, the following:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Thinking Green), Purchase and Sale Agreement (Thinking Green), Purchase and Sale Agreement (Thinking Green)

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Credits and Prorations. All income and expenses expenses, if any, in connection with the operation of the Property shall be apportioned, as of 11:59 p.m. (local time) on the day prior to the Closing DateDate (accordingly, the day of Closing being a day of income and expense to Purchaser). Prorated and or credited items shall include, without limitation, the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement

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