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: Agreement (Ilx Inc/Az/), Agreement (Ilx Inc/Az/)

AutoNDA by SimpleDocs

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: Agreement for Purchase and Sale (Reynolds Debbie Hotel & Casino Inc)

AutoNDA by SimpleDocs

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

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