Utility Readings. Seller shall use reasonable efforts to obtain readings of the water and electric meters on the Premises to a date no sooner than two (2) business days prior to the Closing Date. At or prior to Closing, Seller shall pay all charges based upon such meter readings. However, if after reasonable efforts Seller is unable to obtain readings of any meters prior to Closing, Closing shall be completed without such readings and upon the obtaining thereof after closing, Seller shall pay the charges incurred prior to Closing as reasonably determined by the Seller and Buyer based upon such readings.
Utility Readings. Each Seller shall use reasonable efforts to obtain readings of the water and electric meters, if any, on its Respective Premises to a date no sooner than ten (10) days prior to the Applicable Closing Date. At or prior to the Applicable Closing, each Seller, with regard to its Respective Premises, shall pay all charges based upon such meter readings. However, if after reasonable efforts of any such Seller it is unable to obtain readings of any meters prior to the Applicable Closing, such Applicable Closing shall be completed without such readings and upon the obtaining thereof after Closing, such Seller shall pay the charges incurred prior to the Applicable Closing as reasonably determined by such Seller and Buyer based upon such readings.
Utility Readings. Seller shall use reasonable efforts to obtain readings of the utility meters on the Property to a date no sooner than two (2) Business Days prior to the Closing Date. At or prior to Closing, Seller shall pay all charges based upon such meter readings. However, if after reasonable efforts Seller is unable to obtain readings of any meters prior to Closing, Closing will be completed without such readings and upon the obtaining of such readings after Closing, Seller shall promptly pay the pre-Closing charges as reasonably determined by Seller and Buyer based upon post-Closing readings.
Utility Readings. Seller shall use reasonable efforts to obtain readings of the gas (if any), water, electric and other utility meters, if any, on the Property as of the Closing Date. At or prior to Closing, Seller shall pay all charges based upon such meter readings. However, if after reasonable efforts Seller is unable to obtain readings of any meters prior to Closing, Closing shall be completed without such readings and utility charges will be prorated based on Seller’s reasonable estimate thereof. To the extent that the utility charges differ from the amount apportioned at Closing, the parties shall make all necessary by appropriate payments between themselves following Closing.
Utility Readings. Sellers shall endeavor to obtain readings of all electric, gas, water, sewer and other utility meters located at the Property on or about the Closing Date, and Sellers and Buyer shall reasonably cooperate to cause all such utilities to be transferred over to Buyer’s accounts as of the Closing Date. If such readings are obtained and the corresponding accounts are transferred over to Buyer on the Closing Date, Sellers and Buyer, as applicable, shall each pay all such invoices related to such party’s period of ownership directly to the applicable utility provider. If such readings are not obtained on the Closing Date, then the charges therefor shall be prorated based upon the per diem charges for the most recent period for which such readings are available. Any utility deposits made by Sellers shall remain the property of Sellers, and Buyer shall replace such utility deposits with its own deposits or reimburse Sellers for the same, as applicable.
Utility Readings. If there are any water, gas or electric meters located at the Property, the Seller shall obtain readings thereof to a date not more than thirty (30) days prior to the Closing Date and the unfixed water rates and charges, sewer taxes and rents and gas and electricity charges, if any, based thereon for the intervening time shall be apportioned on the per diem basis on the basis of such readings. If such readings are not obtainable by the Closing Date, then, at the Closing, any water rates and charges, sewer taxes and rents and gas and electricity charges which are based on such readings shall be prorated based upon the per diem charges obtained by using the most recent period for which such readings shall then be available. Upon the taking of subsequent actual readings, the apportionment of such charges shall be recalculated and the Seller or the Purchaser, as the case may be, shall make prompt payment to the other based upon such recalculations. This provision shall not apply to any utilities paid by the Purchaser pursuant to the Lease, which utilities shall remain the sole obligation of the Purchaser.
Utility Readings. Sellers shall use reasonable efforts to obtain readings of the water and electric and/or gas meters on each Premises as of the day before the Closing Date. At or prior to Closing, Sellers shall pay all charges based upon such meter readings and such charges accruing through the Closing Date. However, if after reasonable efforts Sellers are unable to obtain readings of any meters as of the day before Closing, Closing shall be completed without such readings and upon the obtaining thereof after Closing, Sellers shall pay the charges incurred prior to Closing as reasonably determined by Sellers and Buyer based upon such readings. The provisions of this subsection (c) shall survive Closing and delivery of the applicable Deed.
Utility Readings. As to charges for water, electricity, gas and other utilities for the Property, Seller shall endeavor to furnish a current meter reading at the Closing, which readings shall have been made not earlier than two (2) Business Days prior to the time herein set for Closing, and Seller shall pay the charges therefor to such date. In the event that such a meter reading cannot be obtained, Seller shall furnish a reading to a date not more than thirty (30) days prior to the time herein set for Closing, and the unfixed meter charge based thereon for the intervening time shall be apportioned on the basis of such last reading; in such event the parties agree to notify the utility company to read the meters as soon as possible after Closing and to render a final xxxx to Seller. The final xxxx shall be apportioned as of the Closing Date. The provisions of this SECTION 3.8 shall survive the Closing and delivery of the Deed to the Real Property.
Utility Readings. Final readings on all utilities shall be made as of the applicable Closing Date, if possible. If final readings are not possible, utility charges shall be prorated based on the most recent period for which costs are available. Any deposits made by the Seller or made by any Single Purpose Entity with utility companies shall be returned to the Seller. The Buyer shall be responsible for making all arrangements for the continuation of utility services.
