Common use of Tax Prorations Clause in Contracts

Tax Prorations. All taxes and assessments (including pending assessments if the related improvement is substantially completed as of the Closing Date), whether payable in installments or not, for the year of closing will be prorated to the Closing Date based on the latest available tax rate and assessment valuation (with the parties signing a proration agreement as to adjustments when actual taxes are known).

Tax Prorations. All taxes and assessments (including pending assessments if the related improvement is substantially completed as of the Closing Date), whether payable in installments or not, for the year of closing the Closing will be prorated to the Closing Date based on the latest available tax rate and assessment valuation (with the parties signing a proration agreement as to adjustments when actual taxes are known).

Tax Prorations. All taxes and assessments (including pending assessments if the related improvement is substantially completed as of the Closing Date), whether payable in installments or not, for the year of closing will be prorated to the Closing Date Date, based on the latest available tax rate and assessment assessed valuation (with the parties signing a proration agreement as to adjustments when actual taxes are known).

Tax Prorations. All taxes and assessments (including pending assessments if the related improvement is substantially completed as of the she Closing Date), whether payable in installments or not, for the year of closing will be prorated to the Closing Date Date, based on the latest available tax rate with maximum discount and assessment assessed valuation (with the parties signing a proration agreement as to adjustments when actual taxes are known).