Common use of Prorations and Closing Costs Clause in Contracts

Prorations and Closing Costs. All prorations, adjustments and final readings shall be made as of 11:59 pm of the day preceding the Closing Date, unless otherwise mutually agreed to by the parties (the "Adjustment Date"), by the Title Company based on

Appears in 3 contracts

Samples: Purchase Agreement (Associated Estates Realty Corp), Purchase Agreement (Associated Estates Realty Corp), Purchase Agreement (Associated Estates Realty Corp)

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Prorations and Closing Costs. All prorations, adjustments and final readings shall be made as of 11:59 pm of the day preceding the Closing Date, unless otherwise mutually agreed to by the parties (the "Adjustment Date"), by the Title Company based onon information provided by the parties, as follows:

Appears in 2 contracts

Samples: Purchase Agreement (Associated Estates Realty Corp), Purchase Agreement (Associated Estates Realty Corp)

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Prorations and Closing Costs. All prorations, adjustments and final readings shall be made as of 11:59 pm of the day preceding the Closing Date, unless otherwise mutually agreed to by the parties (the "Adjustment Date"), by the Title Company based onon information provided by the parties, as follows: (a) Payments under any Project Contracts or Personal Property Leases and fees for any transferable licenses and permits which are assigned to Buyer, shall be prorated.

Appears in 1 contract

Samples: Purchase Agreement (Associated Estates Realty Corp)

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