Common use of Prorated Items Clause in Contracts

Prorated Items. The following items (on an accrual basis) shall be prorated between the applicable Seller Parties and the Buyer with respect to each of the applicable Properties as of 12:00:01 a.m., local time, on the Closing Date:

Appears in 2 contracts

Samples: Agreement of Purchase and Sale And (First Potomac Realty Trust), Agreement of Purchase and Sale (First Potomac Realty Trust)

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Prorated Items. The following items (on an accrual basis) shall be prorated between the applicable Seller Parties and the Buyer with respect to each of the applicable Properties as of 12:00:01 a.m., local time, on the Closing Date:

Appears in 2 contracts

Samples: Assumption and Covenants Agreement (Electronic Arts Inc), Agreement of Purchase and Sale (Pelican Properties International Corp)

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Prorated Items. The following items (on an accrual basis) shall be prorated between the applicable Seller Parties and the Buyer with respect to each of the applicable Properties Property as of 12:00:01 a.m., local time, on the Closing Date:

Appears in 1 contract

Samples: Agreement of Purchase and Sale And (First Potomac Realty Trust)

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