Common use of Prorated amounts Clause in Contracts

Prorated amounts. Seller and Buyer agree to prorate the following; (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, solid waste and other fees as of the date of closing (or the day of possession of Property by Buyer, whichever is later) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon estimated tax xxxx or tax xxxx under appeal, Buyer and Seller upon the issuance of the actual tax xxxx or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to prorate the tax xxxx correctly. This subparagraph shall survive the closing.

Prorated amounts. Seller and Buyer agree to prorate the following; : (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, solid waste and other fees fees, as of the date of closing (or the day of possession of Property by Buyer, whichever is later) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon an estimated tax xxxx or tax xxxx under appeal, Buyer and Seller upon the issuance of the actual tax xxxx or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to prorate the tax xxxx correctly. This subparagraph shall survive the closing.

Prorated amounts. Seller and Buyer agree to prorate the following; (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, solid waste and other fees as of the date of closing (or the day of possession of Property by Buyer, whichever is later) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon estimated tax xxxx bill or tax xxxx bill under appeal, Buyer Xxxxx and Seller upon the issuance of the actual tax xxxx bill or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to prorate the tax xxxx bill correctly. This subparagraph shall survive the closing.

Prorated amounts. Seller and Buyer agree to prorate the following; : (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, solid waste and other fees bills as of the date of closing (or the day of possession of Property by Buyer, whichever is later) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon an estimated tax xxxx or tax xxxx under appeal, Buyer and Seller upon the issuance of the actual tax xxxx or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to correctly prorate the tax xxxx correctlyxxxx. This subparagraph shall survive the closing.

Prorated amounts. Seller and Buyer agree to prorate the following; (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, solid waste and other fees as of the date of closing (or the day of possession of Property by Buyer, whichever is latersooner) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon estimated tax xxxx bill or tax xxxx bill under appeal, Buyer Xxxxx and Seller upon the issuance of the actual tax xxxx bill or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to prorate the tax xxxx bill correctly. This subparagraph shall survive the closing.

Prorated amounts. Seller and Buyer agree to prorate the following; : (1) real estate taxes and community association assessments, if any, for the calendar year in which the sale is closed, as of the date of closing; and (2) all utility bills, bills solid waste and other fees as of the date of closing (or the day of possession of Property by Buyer, whichever is later) that are issued after closing and include service for any period of time Property was owned/occupied by Seller or Seller’s invitees. In the event real estate taxes are paid at closing based upon an estimated tax xxxx or tax xxxx under appeal, Buyer and Seller upon the issuance of the actual tax xxxx or the appeal being resolved shall promptly make any financial adjustments between themselves as are necessary to prorate the tax xxxx correctly. This subparagraph shall survive the closing.