Prorated Obligations. Granite shall, no later than five (5) business days prior to the Closing Date, prepare a document (the "Proration Statement"), a copy of the form of which is to be delivered by Granite not less than five days prior to the Closing for Buyer's review and approval, listing by item, all of the expenses, costs, obligations and other Liabilities of WLAJ of the type identified in Section 2.2.2 that are attributable solely to the operation of WLAJ, either in whole or in part, during the period on or after the Closing Date ("Prorated Obligations") but either payable in advance prior to the Closing Date or in arrears after the Closing Date. For each Prorated Obligation, there shall be listed (i) the estimated aggregate amount thereof remaining to be paid on or after the Closing Date, (ii) the amount of such Prorated Obligation incurred by Sellers, attributable to operation of WLAJ prior to the Closing Date ("Pre-Closing Incurred Obligations") and (iii) the actual amount paid by Sellers with respect to such Prorated Obligation prior to Closing ("Pre-Closing Paid Obligations").
Prorated Obligations. Pacific shall, no later than five (5) business days prior to the Closing Date, prepare a document (the "Proration Statement"), a copy of the form of which is attached as Exhibit A, listing by item, all of the expenses, costs, obligations and other Liabilities of KOFY of the type identified in Section 2.2.2 that are attributable solely to the operations of KOFY, either in whole or in part, during the period after the Effective Time but either payable in advance prior to the Effective Time or in arrears after the Effective Time ("Prorated Obligations"). For each Prorated Obligation, there shall be listed (i) the estimated aggregate amount thereof remaining to be paid after the Effective Time, (ii) the amount of such Prorated Obligation incurred by Pacific or attributable to operations of KOFY, on or prior to Effective Time ("Pre-Closing Incurred Obligations") and (iii) the actual amount paid by Pacific with respect to such Prorated Obligation on or prior to Effective Time ("Pre-Closing Paid Obligations"). Notwithstanding anything to the contrary contained herein, Prorated Obligations shall be expressly limited to those items listed on Exhibit A and amounts listed on the Proration Statement, with any obligations in excess of such amounts being Excluded Pacific Liabilities.
Prorated Obligations. WXON-TV, Inc. shall, no later than five (5) business days prior to the Closing Date, prepare a document (the "Proration Statement"), a copy of the form of which is attached as EXHIBIT A, listing by item, (i) all of the estimated expenses, costs, obligations and other Liabilities of the Station that are attributable to the operations of the Station, either in whole or in part, during the period after the Effective Time but either payable in advance prior to the Effective Time or in arrears after the Effective Time ("Prorated Obligations"). For each Prorated Obligation, there shall be listed (i) the estimated aggregate amount thereof remaining to be paid after the Effective Time, (ii) the amount of such Prorated Obligation incurred by the Seller or attributable to operations of the Station, on or prior to Effective Time ("Pre-Closing Incurred Obligations") and (iii) the actual amount paid by Seller with respect to such Prorated Obligation on or prior to Effective time ("Pre-Closing Paid Obligations").
Prorated Obligations. Seller shall, no later than five (5) business days prior to the Closing Date, prepare a document (the "Proration Statement"), a copy of the form of which is attached as Exhibit A, listing by item, (i) all of the expenses, costs, obligations and other Liabilities of the Station of the type identified in Section 2.2.2 that are attributable solely to the operations of the Station, either in whole or in part, during the period after the Closing Date ("Prorated Obligations") but either payable in advance prior to the Closing Date or in arrears after the Closing Date. For each Prorated Obligation, there shall be listed (i) the estimated aggregate amount thereof remaining to be paid after the Closing Date, (ii) the amount of such Prorated Obligation incurred by the Seller or attributable to operations of the Station, on or prior to Closing Date ("Pre-Closing Incurred Obligations") and (iii) the actual amount paid by Seller with respect to such Prorated Obligation on or prior to Closing Date ("Pre-Closing Paid Obligations").
