Common use of Prorations and Utilities Clause in Contracts

Prorations and Utilities. To the extent not otherwise accounted for or prorated under this Agreement, Buyer and Seller shall pro-rate (as of the Closing Date), to the extent applicable to the Purchased Assets, all real estate and personal property lease payments, real estate and personal property taxes, assessments and other similar charges against real estate and utility charges. If accurate allocations as to such matters cannot be made at the Closing because current bills are not obtainable, the Parties shall allocate such income or expense at the Closing on the best available information, subject to adjustment upon receipt of the final bxxx or other evidence of the applicable item of income or expense.

Prorations and Utilities. To the extent not included in the calculation of Net Working Capital or otherwise accounted for or prorated under pursuant to this Agreement, Buyer Purchaser and Seller shall pro-rate prorate (as of the Closing DateEffective Time), to the extent applicable to the Purchased Assets, all real estate and personal property lease payments, real estate and personal property taxes, assessments and other similar charges against real estate estate, and utility charges. If accurate allocations as to such matters cannot be made at the Closing because current bills are not obtainable, the Parties parties shall allocate such income or expense at the Closing on the best available information, subject to adjustment upon receipt of the final bxxx xxxx or other evidence of the applicable item of income or expense.

Prorations and Utilities. To the extent not included in the calculation of Net Assets or otherwise accounted for or prorated under pursuant to this Agreement, Buyer Purchaser and Seller shall pro-rate prorate (as of the Closing DateEffective Time), to the extent applicable to the Purchased Assets, all real estate and personal property lease payments, real estate and personal property taxes, assessments and other similar charges against real estate estate, and utility charges. If accurate allocations as to such matters cannot be made at the Closing because current bills are not obtainable, the Parties shall allocate such income or expense at the Closing on the best available information, subject to adjustment upon receipt of the final bxxx xxxx or other evidence of the applicable item of income or expense.