Proration Date. Taxes and assessments, insurance, assumed interest, rents, and other expenses and revenue of the Properties shall be prorated through 11:59 P.M. on the day prior to Closing (“Proration Date”).
Appears in 3 contracts
Samples: Agreement for Sale and Purchase (Corporate Property Associates 12 Inc), Agreement for Sale and Purchase (Carey W P & Co LLC), Agreement for Sale and Purchase (U-Store-It Trust)
Proration Date. Taxes and assessments, insurance, assumed interest, rents, rents and other expenses and revenue of the Properties Property required to be prorated hereunder shall be prorated through 11:59 P.M. on the day prior to Closing (“Proration Date”)Closing, with Buyer receiving the benefits and burdens of ownership for the date of Closing.
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Strategic Storage Trust, Inc.), Agreement for Purchase and Sale (Strategic Storage Trust, Inc.)
Proration Date. Taxes and assessments, insurance, assumed --------------- interest, rents, and other expenses and revenue of the Properties shall be prorated through 11:59 P.M. on the day prior to Closing (“Proration Date”)Closing.
Appears in 1 contract
