Common use of Pro-rations Clause in Contracts

Pro-rations. Due to the nature of the payment obligations under the existing Lease (obligating Buyer to pay, for example, all property taxes and utilities), as of the Effective Date, the parties do not anticipate any required pro-rations.

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

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Pro-rations. Due to the nature of the payment obligations under the existing Lease (obligating Buyer to pay, for example, all property taxes and utilities), as of the Effective Date, the parties do not anticipate any required pro-rations.. - COVENANTS

Appears in 2 contracts

Samples: Purchase and Sale Agreement and Joint Escrow Instructions, Purchase and Sale Agreement and Joint Escrow Instructions

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