Common use of Prorations; Closing Costs Clause in Contracts

Prorations; Closing Costs. (a) The amount due on any gas, electric, water, sewer, or other utility bill, or service contract relating to the Property shall be prorated between Seller and Buyer as of the Closing Date, to the extent such utilities or service contracts are the obligation of the Seller and not a direct or indirect obligation of the tenants. Any utility deposits made by Seller shall be and remain the property of Seller.

Prorations; Closing Costs. (a) The amount due on any gas, electric, water, sewer, or other utility billxxxx, or service contract relating to the Property shall be prorated between Seller and Buyer Purchaser as of the Closing Date, to the extent such utilities or service contracts are the obligation of the Seller and not a direct or indirect obligation of a tenant under any of the tenantsLeases. Any utility deposits made by Seller shall be and remain the property of Seller.

Prorations; Closing Costs. (a) The amount due on any gas, electric, water, sewer, or other utility billxxxx, or service contract relating to the Property shall be prorated between Seller and Buyer Purchaser as of the Closing Date, to the extent such utilities or service contracts are the obligation of the Seller and are not a direct or indirect obligation of a tenant under any of the tenantsLeases. Any utility deposits made by Seller shall be and remain the property of Seller.

Prorations; Closing Costs. (a) The amount due on any gas, electric, water, sewer, or other utility billxxxx, or service contract relating to the Property shall be prorated between Seller and Buyer Purchaser as of the Closing Date, to the extent such utilities or service contracts are the obligation of the Seller and not a direct or indirect obligation of the tenants. Any utility deposits made by Seller shall be and remain the property of Seller.