Common use of Prorations, Credits and Other Adjustments Clause in Contracts

Prorations, Credits and Other Adjustments. At Closing, the Parties shall make the following prorations and other adjustments, with the net amount consequently owing to Sellers or Buyer to be added to or subtracted from the proceeds of the Purchase Price payable to Sellers at Closing as applicable.

Appears in 3 contracts

Samples: Agreement for Purchase and Sale (Capital Lodging), Purchase and Sale Agreement (Capital Lodging), Purchase and Sale Agreement (Capital Lodging)

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Prorations, Credits and Other Adjustments. At Closing, the Parties shall make the following prorations and other adjustments, with the net amount consequently owing to Sellers Seller or Buyer to be added to or subtracted from the proceeds of the Purchase Price payable to Sellers Seller at Closing as applicableClosing.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Marcus Corp)

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