Proration Items. Inasmuch as Seller will be leasing the Property from Purchaser on and after the Effective Date, all customary and usual prorations, including for ad valorem real estate taxes, personal property taxes, assessments or special assessments, water, gas, electric or other utilities, shall be made for the account of Seller as seller under this Agreement or as the tenant under the lease being entered into by Seller and Purchaser.
Appears in 8 contracts
Samples: Sales Agreement (Travelcenters of America LLC), Sales Agreement (Travelcenters of America LLC), Sales Agreement (Travelcenters of America LLC)
Proration Items. Inasmuch as Seller will be leasing the Property from Purchaser on and after the Effective Date, all customary and usual prorations, including for ad valorem real estate taxes, personal property taxes, assessments or special assessments, water, gas, electric or other utilities, shall be made for the account of Seller as seller under this Agreement or as the tenant under the lease being entered into amended by Seller and Purchaser.
Appears in 8 contracts
Samples: Development Property Agreement (Travelcenters of America LLC), Development Property Agreement (Hospitality Properties Trust), Development Property Agreement (Hospitality Properties Trust)
