Proration of Liabilities. PCC and Buyer shall cooperate with each other to provide for payments due with respect to the Assumed Liabilities and the Retained Liabilities during the payment period in which the Closing occurs with all such Liabilities prorated as of the Closing Date, if applicable.
Appears in 8 contracts
Samples: Asset Purchase Agreement (Pittston Co), Asset Purchase Agreement (Pittston Co), Asset Purchase Agreement (Pittston Co)