Common use of Other Income and Expenses Clause in Contracts

Other Income and Expenses. All other income and ordinary operating expenses for or pertaining to the Property, including, but not limited to, public utility charges, maintenance and service charges and all other normal operating charges of the Property will be prorated as of the Closing date(s); provided that Purchaser is not obligated for payments under any management, service or other contractual agreements affecting the Property and the same must be terminated prior to the Closing unless Purchaser expressly elects to assume the obligations imposed by that document.

Other Income and Expenses. All other income and ordinary operating expenses for or pertaining to the Property, including, but not limited to, including public utility charges, maintenance and service charges charges, and all other normal operating charges of the Property Property, will be prorated as of the Closing date(s)Date; provided that Purchaser is will not be obligated for payments under any management, service service, or other contractual agreements affecting the Property and the same must will be terminated prior to the Closing unless Purchaser expressly elects to assume the obligations imposed by that documentsame.