Common use of PRORATIONS; CREDITS Clause in Contracts

PRORATIONS; CREDITS. Taxes, assessments, rent, interest, insurance and other expenses of the Premises shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be prorated. Tenant shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to be made through the day prior to closing. Advance rent and security deposits will be credited to Tenant. Escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to Landlord. Taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millage. If the current year's assessment is not available, then taxes will be prorated on the prior year's tax. Tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax xxxx on condition that a statement to that effect is signed at closing.

PRORATIONS; CREDITS. Taxes, assessments, rent, interest, insurance and other expenses of the Premises shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be prorated. Tenant shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to be made through the day prior to closing. Advance rent and security deposits will be credited to Tenant. Escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to Landlord. Taxes shall be prorated based on the current year's ’s tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's ’s millage is not fixed and current year's ’s assessment is available, taxes will be prorated based upon such assessment and the prior year's ’s millage. If the current year's ’s assessment is not available, then taxes will be prorated on the prior year's ’s tax. Tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax xxxx bxxx on condition that a statement to that effect is signed at closing.

PRORATIONS; CREDITS. Taxes, assessments, rent, rent interest, insurance and other expenses and revenue of the Premises Property shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be proratedclosing. Tenant Buyer shall have the option of taking over any existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to prorations. Prorations will be made through the day prior to occupancy if occupancy occurs before closing. Advance rent and security deposits will be credited to Tenant. Escrow Buyer and escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to LandlordSeller. Taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millage. If the current year's assessment is not available, then taxes will be prorated on the prior year's tax. Tax If there are completed improvements on the Real Property by January 1st of year of closing, which improvements were not in existence on January 1st of the prior year, then taxes shall be prorated based upon the prior year's millage and at an equitable assessment to be agreed upon between the parties, failing which, request will be made to the County Property Appraiser for an informal assessment taking into consideration available exemptions. Any tax proration based on an estimate shall, at request of either partyBuyer or Seller, be subsequently readjusted upon receipt of tax xxxx on bixx xn condition that a statement to that effect affect is signed at closingin the closing statement.

PRORATIONS; CREDITS. Taxes, assessments, rent, interest, insurance and other expenses and revenue of the Premises Property shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be proratedclosing. Tenant Buyer shall have the option of taking over any existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to prorations. Prorations will be made through the day prior to occupancy if occupancy occurs before closing. , Advance rent and security deposits will be credited to Tenant. Escrow Buyer and escrow deposits held by any mortgagee mortgages will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to LandlordSeller. Taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millage. If the current year's assessment is not available, then taxes will be prorated on the prior year's tax. Tax If there are completed improvements on the Real Property by January 1st of year of closing, which improvements were not in existence on January 1st of the prior year, then taxes shall be prorated based upon the prior year's millage and at an equitable assessment to be agreed upon between the parties, failing which, request will be made to the County Property Appraiser for an informal assessment taking into consideration available exemptions. Any tax proration based on an estimate shall, at request of either partyBuyer or Seller, be subsequently readjusted upon receipt of tax xxxx on condition that a statement to that effect is signed at closingin the closing statement.

PRORATIONS; CREDITS. Taxes, assessments, rent, interest, insurance insurance, and other expenses of the Premises Property shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be proratedClosing. Tenant Buyer shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing Closing shall be increased or decreased as may be required by prorations to be made through the day prior to closingClosing, or occupancy, if occupancy occurs before Closing. Advance rent and security deposits will be credited to TenantXxxxx. Escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to LandlordXxxxxx. Taxes shall be prorated based on the current year's ’s tax with due allowance made for maximum allowable discount, homestead homestead, and other exemptions. If closing Closing occurs at a date when the current year's ’s millage is not fixed and current year's ’s assessment is available, taxes will be prorated based upon such assessment and the prior year's ’s millage. If the current year's ’s assessment is not available, then taxes will be prorated on the prior year's ’s tax. Tax If there are completed improvements on the Real Property by January 1st of year of Closing, which improvements were not in existence on January 1st of prior year, then taxes shall be prorated based upon prior year’s millage and at an equitable assessment to be agreed upon between the parties; failing which, request shall be made to the County Property Appraiser for an informal assessment taking into account available exemptions. A tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax xxxx bill on condition that a statement to that effect is signed at closingClosing.

PRORATIONS; CREDITS. Taxes, assessments, rent, . interest, insurance and other expenses of the Premises shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be prorated. Tenant shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to be made through the day prior to closing. Advance rent and security deposits will be credited to Tenant. Tenant Escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to Landlord. Taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's millage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millage. If the current year's assessment is not available, then taxes will be prorated on the prior year's year*- tax. Tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax xxxx on condition that a statement to that effect is signed at closing.

PRORATIONS; CREDITS. Taxes, assessments, rent, interest, insurance and other expenses of the Premises shall be prorated through the day before closing unless they are the responsibility of Tenant under the Lease, in which case they shall not be prorated. Tenant shall have the option of taking over existing policies of insurance, if assumable, in which event premiums shall be prorated. Cash at closing shall be increased or decreased as may be required by prorations to be made through the day prior to closing. Advance rent and security deposits will be credited to Tenant. Escrow deposits held by any mortgagee will be credited to Tenant if Tenant has provided the funds for the escrow, otherwise they will be paid to Landlord. Taxes shall be prorated based on the current year's tax with due allowance made for maximum allowable discount, homestead and other exemptions. If closing occurs at a date when the current year's millage mileage is not fixed and current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millagemileage. If the current year's assessment is not available, then taxes will be prorated on the prior year's tax. Tax proration based on an estimate shall, at request of either party, be readjusted upon receipt of tax xxxx on condition that a statement to that effect is signed at closing.