Common use of Customer Deposits and Prepayments Clause in Contracts

Customer Deposits and Prepayments. All unearned customer deposits and prepayments for services to be performed or goods to be delivered after Closing, shall be prorated in favor of Buyer as of the Closing Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ilx Inc/Az/), Purchase and Sale Agreement (Ilx Inc/Az/)

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Customer Deposits and Prepayments. All unearned customer deposits and --------------------------------- prepayments for services to be performed or goods to be delivered after Closing, shall be prorated in favor of Buyer as of the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ilx Inc/Az/)

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Customer Deposits and Prepayments. All unearned customer deposits and prepayments for services to be performed or goods to be delivered after Closing, Closing shall be prorated in favor of Buyer as of the Closing Date.

Appears in 1 contract

Samples: Memorandum of Understanding (Reynolds Debbie Hotel & Casino Inc)

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