Prepaids. Prepaid insurance premiums, utility charges, rentals and any other prepaids or accrued payables applicable to periods following the Effective Date, if any, attributable to the Properties shall be prorated as of the Effective Date, and amounts owing from such proration shall be settled in the Accounting.
Appears in 4 contracts
Sources: Acquisition and Consulting Agreement (PetroHunter Energy Corp), Acquisition and Consulting Agreement (PetroHunter Energy Corp), Acquisition and Consulting Agreement (PetroHunter Energy Corp)
Prepaids. Prepaid insurance premiums, utility charges, rentals and any other prepaids or accrued payables applicable to periods following the Effective DateTime, if any, attributable to the Properties shall be prorated as of the Effective DateTime, and amounts owing from such proration shall be settled in the AccountingFinal Accounting Settlement.
Appears in 1 contract
Sources: Purchase and Sale Agreement (PetroHunter Energy Corp)