Common use of PRORATION OF CASH ON HAND Clause in Contracts

PRORATION OF CASH ON HAND. The parties shall prorate, as of the close of business on the Closing Date, all cash on hand or on deposit with Seller consisting of sums paid to Seller pursuant to the advance billing practice of Seller or otherwise representing a prepayment to Seller for services to be rendered after the Closing related to the Business (the "Prepaid Accounts"). Seller shall be entitled to all cash on hand or on deposit related to services performed on or before the close of business on the date of Closing and Buyer shall be entitled to all cash on hand or on deposit related to services to be performed after the Closing Date.

PRORATION OF CASH ON HAND. The parties shall prorate, as of the close of business on the Closing Date, all cash on hand or on deposit with Seller consisting of sums paid to Seller pursuant to the advance billing practice of Seller or otherwise representing a prepayment to Seller for of services to be rendered after the Closing related to the Business (the "Prepaid Accounts")Closing. Seller shall be entitled to all cash on hand or on deposit related such sums allocable to services performed on or before the close of business on the date of Closing Date and Buyer shall be entitled to all cash on hand or on deposit related such sums allocable to services to be performed after the Closing Datethereafter.

PRORATION OF CASH ON HAND. The parties shall prorate, as of the close of business on the Closing Date, all cash on hand or on deposit with Seller consisting of sums paid to Seller pursuant to the advance billing practice of Seller or otherwise representing a prepayment to Seller for services to be rendered after the Closing related to the Business (the "“Prepaid Accounts"”). Seller shall be entitled to all cash on hand or on deposit related to services performed on or before the close of business on the date of Closing and Buyer shall be entitled to all cash on hand or on deposit related to services to be performed after the Closing Date.

PRORATION OF CASH ON HAND. The parties shall prorate, as of the close of business on the Closing Datedate of Closing, all cash on hand or on deposit with Seller consisting of sums paid to Seller pursuant to the advance billing practice of Seller or otherwise representing a prepayment to Seller for of services to be rendered after the Closing related to the Business (the "Prepaid Accounts")Closing. Seller shall be entitled to all cash on hand or on deposit related such sums allocable to services performed on or before the close of business on the date of Closing and Buyer shall be entitled to all cash on hand or on deposit related such sums allocable to services to be performed after the Closing Datethereafter.