Common use of Prorations and Adjustments Clause in Contracts

Prorations and Adjustments. The following matters and items pertaining to the Purchased Assets shall be prorated and apportioned between the parties by Receiver, taking into account the extent to which the same are attributable to periods before and after the Closing Date. Net credits in favor of Buyer shall be deducted from the Purchase Price and net credits in favor of Receiver shall be paid to Receiver in cash through Escrow at the Closing.

Appears in 9 contracts

Samples: Agreement for Purchase and Sale and Escrow Instructions, Agreement for Purchase and Sale and Escrow Instructions, Agreement for Purchase and Sale and Escrow Instructions

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Prorations and Adjustments. The following matters and items pertaining to the Purchased Assets Property shall be prorated and apportioned between the parties by Receiver, taking into account the extent to which the same are attributable to periods before and after the Closing Date. Net credits in favor of Buyer shall be deducted from the Purchase Price and net credits in favor of Receiver shall be paid to Receiver in cash through Escrow at the Closing.

Appears in 8 contracts

Samples: Agreement for Purchase and Sale and Escrow Instructions, Agreement for Purchase and Sale and Escrow Instructions, Agreement for Purchase and Sale and Escrow Instructions

Prorations and Adjustments. The following matters and items pertaining to the Purchased Assets shall be prorated and apportioned between the parties by ReceiverXxxxxxxx, taking into account the extent to which the same are attributable to periods before and after the Closing Date. Net credits in favor of Buyer shall be deducted from the Purchase Price and net credits in favor of Receiver shall be paid to Receiver in cash through Escrow at the Closing.

Appears in 1 contract

Samples: Agreement for Purchase and Sale and Escrow Instructions

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Prorations and Adjustments. The following matters and items pertaining to the Purchased Assets shall be prorated and apportioned between the parties by ReceiverBuyer and Seller, taking into account the extent to which the same are attributable to periods before and after the Closing Date. Net credits in favor of Buyer shall be deducted from the Purchase Price and net credits in favor of Receiver Seller shall be paid to Receiver Seller in cash through Escrow at the Closing.

Appears in 1 contract

Samples: Agreement for Purchase and Sale and Escrow Instructions

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